PDMR Notification

RNS Number : 6782C

Caspian Sunrise plc

23 January 2018

 

Caspian Sunrise PLC

("Caspian Sunrise" or the "Company")

PDMR Notification

Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, announces that it received notification today  that on 27 December 2017, Mr Kairat Satylganov, a director in the Company, granted as security over 141,876,871 ordinary shares held by himself. There is no change in the Mr Saylganov's beneficial shareholding in the Company and he continues to have an interest and voting rights in 175,682,697 ordinary shares representing 10.5% of the issued share capital. 

Voting rights in relation to the shares being pledged are not affected and remain with Mr Kairat Satylganov.

The Notification of Dealing Form, under the Market Abuse Regulation, for Mr Kairat Satylganov can be found below. 

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
a)	Name	Kairat Satylganov
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Caspian Sunrise PLC
b)	LEI	213800ODCON58VWIRS18
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 GB00B1W0VW36
b)	Nature of the transaction	141,876,871 shares are pledged as security for a loan. Voting rights in relation to the shares being pledged are not affected and remain with Kairat Satylganov.
c)	Price(s) and volume(s)	Price(s) Volume(s) N/A 141,876,871
d)	Aggregated information -     Aggregated volume -     Price	141,876,871 N/A
e)	Date of the transaction	27 December 2017
f)	Place of the transaction	Outside a trading venue

Caspian Sunrise PLC
Clive Carver Executive Chairman	[phone]
WH Ireland, Nominated Adviser & Broker
James Joyce Jessica Cave James Sinclair-Ford	[phone]
Yellow Jersey PR Tim Thompson	[phone]

 

END

 

 

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