PDMR Dealing

Beacon Energy PLC

04 July 2023

 

4 July 2023

Beacon Energy plc

("Beacon Energy" or the "Company")

PDMR Dealing

Beacon Energy (AIM:BCE) announces that, on 30 June 2023, Peter Appel, Managing Director of Beacon Energy's wholly owned subsidiary Rhein Petroleum GmbH purchased 8,000,000 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of 0.10 pence.

Following this transaction, Peter Appel is beneficially interested in 19,000,000 Ordinary Shares, representing approximately 0.002 per cent. of the Company's issued Ordinary Share capital.

Enquiries:

Beacon Energy plc Larry Bottomley (CEO) / Stewart MacDonald (CFO)	via Buchanan
Strand Hanson Limited (Financial and Nominated Adviser) Rory Murphy / James Bellman	[phone]
Buchanan (Public Relations) Ben Romney / George Pope	[phone]
Tennyson Securities Limited (Joint Broker) Peter Krens / Ed Haig-Thomas	[phone]
Optiva Securities Limited (Joint Broker) Christian Dennis	[phone]

For further information, please visit  www.beaconenergyplc.com  and @BeaconEnergyPlc on Twitter

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PDMR Disclosure

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Peter Appel
2.	Reason for the notification
a.	Position/status	Managing Director Rhein Petroleum GmbH, a wholly owned subsidiary of Beacon Energy plc
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Beacon Energy plc
b.	LEI	213800TZWOYU7UFZ5V63
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 no par value M00BKSCP798
b.	Nature of the transaction	Purchase of Ordinary Shares
c.	Price(s) and volume(s)	Price/share Volume (s) 0.10 pence purchase 8,000,000
d.	Aggregated information -  Aggregated volume -  Price	N/A
e.	Date of the transactions	30 June 2023
f.	Place of the transactions	AIM, London Stock Exchange

 

END