Director/PDMR Dealings

Afentra PLC

12 June 2024

 

12th June 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 that persons discharging managerial responsibilities and persons closely associated with them have transferred ordinary shares of £0.10 each in the Company ("Ordinary Shares") into ISA accounts.

The details of the relevant transactions are as follows::

·      Ian Cloke has sold 9,549 Ordinary Shares and purchased 33,855 Ordinary Shares into his ISA

·      Elizabeth Bingham, wife and person closely associated with Ian Cloke, has sold 58,775 Ordinary Shares and purchased 34,225 Ordinary Shares into her ISA.

As a result, and following the transactions, the total aggregate shareholding in the Company of Ian Cloke and persons closely associated with him comprises 3,807,211 Ordinary Shares representing approximately 1.68% of the Company's issued share capital.  This represents no material change to such total aggregate shareholding prior to the transactions above.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Ian Cloke
2.	Reason for the notification
a.	Position/status	Chief Operating Officer
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 Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 57.4p 9,549
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 57.4pence sold 9,549 £5480.94
e.	Date of the transaction	7 June 2024
f.	Place of the transaction	XLON

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Ian Cloke
2.	Reason for the notification
a.	Position/status	Chief Operating Officer
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	Purchase of Ordinary shares into ISA account
c.	Price(s) and volume(s)	Price(s) Volume(s) 57.57 33,855
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 57.57pence purchased 33,855 £19490.83
e.	Date of the transaction	7 June 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 of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 57.34 20,652
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 57.34pence sold 20,652 £11,841.15
e.	Date of the transaction	7 June 2024
f.	Place of the transaction	XOFF

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 shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 57.18 pence 38,123
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 57.18 pence sold 38,123 £21,799.72
e.	Date of the transaction	7 June 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	Purchase of Ordinary shares into ISA
c.	Price(s) and volume(s)	Price(s) Volume(s) 57.53 pence 34,225
d.	Aggregated information ·Aggregated volume ·Price	Price Volume Total 57.53 pence purchased 34,225 £19,690.81
e.	Date of the transaction	7 June 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 4% non-operated interests in the producing Block 3/05 and adjacent development Block 3/05A offshore Angola in the Lower Congo Basin.  Afentra has a current carried interest in the Odewayne Block onshore southwestern Somaliland.

 

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