Director/PDMR Shareholding

RNS Number : 4842V

Ascent Resources PLC

13 December 2021

 

13 December 2021

Ascent Resources plc

("Ascent" or the "Company")

Directors / PDMR Shareholdings

Ascent Resources Plc (LON: AST) the onshore Caribbean, Hispanic American and European energy and natural resources company, announces that the following share purchases were made today by Executive directors:

 James Parsons, the Company's Executive Chairman, has purchased through his SIPP a total of 158,953 ordinary shares in the Company (80,108 ordinary shares at a price of 3.74p per share and 78,845 ordinary shares at a price of 3.7999p per share).

Following the acquisition Mr Parsons is now interested in 500,900 ordinary shares in the Company, representing 0.46 percent of the Company's issued ordinary share capital.

Andrew Dennan, the Company's Chief Executive Officer, has purchased a total of 240,000 ordinary shares in the Company (190,000 ordinary shares at a price of 3.749474p per share and 50,000 ordinary shares at a price of 3.8p per share).

Following the acquisition Mr Dennan is now interested in 2,140,000 ordinary shares in the Company, representing 1.96 percent of the Company's issued ordinary share capital

The notifications below, made in accordance with the requirements of the Market Absue regulations, provides further details.

Enquiries:

Ascent Resources plc Andrew Dennan	Via Vigo Communications
WH Ireland, Nominated Adviser & Broker James Joyce / Sarah Mather	0207 220 1666
Novum Securities, Joint Broker John Belliss	0207 399 9400

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
	Name		James Parsons
2	Reason for the notification
a)	Position/status		PDMR (Executive Chairman)
b)	Initial notification/Amendment		Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ascent Resources plc
b)	LEI	213800Q8R5GV7DLNEL37
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	Ordinary shares of £0.005 each
	Identification code	GB00BJVH7905
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volumes(s)	Price(s)		Volume(s)
		£0.0374 £0.037999		80,108 78,845
d)	Aggregated information
	Aggregated volume	158,953
	Price	Aggregate: £5,992,07 Average: 0.03769712p
e)	Date of the transaction	13 December 2021
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name		Andrew Dennan
2	Reason for the notification
a)	Position/status		PDMR (Chief Executive Officer)
b)	Initial notification/Amendment		Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ascent Resources plc
b)	LEI	213800Q8R5GV7DLNEL37
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	Ordinary shares of £0.005 each
	Identification code	GB00BJVH7905
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volumes(s)	Price(s)		Volume(s)
		£0.03749474 £0.038		190,000 50,000
d)	Aggregated information
	Aggregated volume	240,000
	Price	Aggregate: £9,024.00 Average: 0.0376p
e)	Date of the transaction	13 December 2021
f)	Place of the transaction	AIMX

 

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