DIRECTOR / PDMR DEALINGS

Afentra PLC

12 July 2024

 

12 July 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 a person discharging managerial responsibilities has transferred ordinary shares of £0.10 each in the Company ("Ordinary Shares") into ISA accounts.

The details of the relevant transactions are as follows::

·      Anastasia Deulina has rebalanced portfolio through the sale of a total of 68,841 Ordinary Shares and purchase of 68,669 Ordinary Shares into her USA based ISA.

As a result, and following the transactions, the total aggregate shareholding in the Company held by Anastasia Deulina comprises 2,539,663 Ordinary Shares representing approximately 1.12% 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	Anastasia Deulina
2.	Reason for the notification
a.	Position/status	Chief Financial 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	(i)         Sale of shares (ii)         Purchase of Ordinary shares into ISA account
c.	Price(s) and volume(s)	(i)         Sale of shares Price(s) Volume(s) 57.8557 34,592 58.4000 34,249 (ii)         Purchase of Ordinary shares into ISA account Price(s) Volume(s) 58.4000 34,224 58.3846 34,445
d.	Aggregated information ·Aggregated volume ·Price	(i)         Sale of shares Price Volume Total (£) 58.1265 68,841 40,014.86 (ii)         Purchase of Ordinary shares into ISA account Price Volume Total (3) 58.3923 68,669 40,097.39
e.	Date of the transaction	11 and 12 July 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 Emily Bhasin

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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