Director/PDMR Shareholding

RNS Number : 3429H

Alkane Energy PLC

26 May 2011

Alkane Energy plc

("Alkane" or the "Company")

Directors' Share Dealing

The Company has been notified today that on 26 May 2011, Neil O'Brien, Chief Executive Officer, acquired 100,000 ordinary shares of 0.5p each in the Company ("Ordinary Shares") as part of the fundraising process announced earlier today (the "Transaction"). The acquisition of shares was made at a price of 20.00 pence per Ordinary Share.

Following this purchase Neil O'Brien now has a beneficial interest in 749,000 Ordinary Shares in Alkane, representing 0.75% of the enlarged issued share capital post completion of the Transaction.

Contacts