DIRECTOR / PDMR DEALINGS

Afentra PLC

15 January 2024

 

15 January 2024

AFENTRA PLC

DIRECTOR / PDMR DEALINGS

Afentra plc ('Afentra' or the 'Company'), the upstream oil and gas Company listed on the AIM market of the London Stock Exchange, announces that it has received notification of the following transactions in ordinary shares of £0.10 each in the Company ("Ordinary Shares"), by persons discharging managerial responsibilities and persons closely associated with them:

Elizabeth Bingham, wife and person closely associated with Ian Cloke, has sold 56,054 Ordinary Shares and purchased 55,700 Ordinary Shares into her ISA by two separate trades of substantially equal value..

As a result, the total aggregate shareholding in the Company of Ian Cloke and persons closely associated with him comprises 2,125,831 Ordinary Shares, representing approximately 0.97% of the Company's issued share capital, representing no material change to such total aggregate shareholding from the previous position.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Elizabeth Bingham
2.	Reason for the notification
a.	Position/status	Person closely associated with Ian Cloke, Chief Operating Officer 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	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
4.	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 Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Sale of Ordinary shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 35.0773 pence 56,054
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 35.0773 pence sold 56,054 19,662.23
e.	Date of the transaction	12 January 2024
f.	Place of the transaction	XLON

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Elizabeth Bingham
2.	Reason for the notification
a.	Position/status	Person closely associated with Ian Cloke, Chief Operating Officer 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	Afentra plc
b.	LEI	21380028BFDFJK8BRX92
4.	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 Identification code	Ordinary shares of £0.10 per share par value GB00B4X3Q493
b.	Nature of the transaction	Sale & purchase of Ordinary shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 36 pence 55,700
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 36 pence bought 55,700 19,990
e.	Date of the transaction	12 January 2024
f.	Place of the transaction	XLON

For further information, contact

Afentra plc  [phone]  Paul McDade, CEO Anastasia Deulina, CFO

Buchanan (Financial PR) [phone] Ben Romney Barry Archer George Pope

Peel Hunt LLP (Nominated Advisor and Joint Broker)  [phone] Richard Crichton David McKeown Georgia Langoulant

Tennyson Securities (Joint Broker)  [phone] Peter Krens About Afentra Afentra plc (AIM:AET) is an upstream oil and gas company focused on opportunities in Africa. The Company's purpose is to support a responsible energy transition in Africa by establishing itself as a credible partner for divesting IOCs and Host Governments.  Afentra has an 18% non-operated interest in the producing Block 3/05, a 5.33% non-operated interest in the adjacent development Block 3/05A and a 40% interest in Block 23, all in the Lower Congo Basin, offshore Angola.  Afentra has a current carried interest in the Odewayne Block onshore southwestern Somaliland.

 

END