Director/PDMR Shareholding

RNS Number : 0022G

88 Energy Limited

01 November 2018

 

1 November 2018

88 Energy Limited

Director Dealings

88 Energy Limited (ASX: 88E) ("88 Energy" or the "Company") confirms that each of the Directors of 88 Energy subscribed for shares in the Non-Renounceable Rights Issue announced by the Company on 3^rd October 2018.  Further details of their participation and the resultant interests in shares, options and performance rights of the Directors are set out below.

Director	Number of Shares Acquired through the Rights Issue	Resultant number of Ordinary Shares held	% interest in enlarged share capital	Total number of Options / Performance Rights held
Michael John Evans	2,648,811	21,190,478	0.37%	5,000,000 Unlisted Options exercisable at $0.06 on or before 14 March 2020
George Henry Stephen Staley	1,000,000	11,141667	0.19%	5,000,000 Unlisted Options exercisable at $0.06 on or before 14 March 2020
David James Wall	4,613,096	39,404,762	0.68%	20,000,000 Unlisted Options exercisable at $0.06 on or before 14 March 2020 21,900,000 Performance Rights (subject to vesting conditions)

Media and Investor Relations:

88 Energy Ltd

Dave Wall, Managing Director                                                    Tel: [phone]

   Email: [e-mail] 

Finlay Thomson, Investor Relations                                         Tel: [phone]

Hartleys Ltd

Dale Bryan                                                                                  Tel: + 61 8 9268 2829

Cenkos Securities                                                                     Tel: + 44 131 220 6939

Neil McDonald/Derrick Lee

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael John Evans
2.	Reason for the Notification
a)	Position/status	Director of the Company
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	88 Energy Limited
b)	LEI	213800YFW5171TD69V35
4.(i)	Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Ordinary shares
	Identification code	AU00000088E2
b)	Nature of the Transaction	Acquisition of Ordinary Shares through Rights Issue
c)	Price(s) and volume(s)	Number of Ordinary Shares	Price
		2,648,811	$0.018
d)	Aggregated information Aggregated volume Price	2,648,811 Ordinary Shares at an aggregate value of $47,678.59
e)	Date of the transaction	31 October 2018
f)	Place of the transaction	London Stock Exchange, AIM (LON:88E)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	George Henry Stephen Staley
2.	Reason for the Notification
a)	Position/status	Director of the Company
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	88 Energy Limited
b)	LEI	213800YFW5171TD69V35
4.(i)	Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Ordinary shares
	Identification code	AU00000088E2
b)	Nature of the Transaction	Acquisition of Ordinary Shares through Rights Issue
c)	Price(s) and volume(s)	Number of Ordinary Shares	Price
		1,000,000	$0.018
d)	Aggregated information Aggregated volume Price	1,000,000 Ordinary Shares at an aggregate value of $18,000.00
e)	Date of the transaction	31 October 2018
f)	Place of the transaction	London Stock Exchange, AIM (LON:88E)

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David James Wall
2.	Reason for the Notification
a)	Position/status	Director of the Company
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	88 Energy Limited
b)	LEI	213800YFW5171TD69V35
4.(i)	Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted
a)	Description of the Financial instrument, type of instrument	Ordinary shares
	Identification code	AU00000088E2
b)	Nature of the Transaction	Acquisition of Ordinary Shares through Rights Issue
c)	Price(s) and volume(s)	Number of Ordinary Shares	Price
		4,613,096	$0.018
d)	Aggregated information Aggregated volume Price	4,613,096 Ordinary Shares at an aggregate value of $83,035.72
e)	Date of the transaction	31 October 2018
f)	Place of the transaction	London Stock Exchange, AIM (LON:88E)

 

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