Director/PDMR Shareholding

Challenger Energy Group PLC

01 July 2024

 

1 July 2024

Challenger Energy Group PLC

("Challenger Energy" or the "Company")

Director/PDMR Shareholding

Challenger Energy (AIM: CEG), an Atlantic margin focused oil and gas company, announces that Iain McKendrick, chairman of the Company, has, on 28 June 2024, purchased 35,459,902 ordinary shares in the Company at 0.1403p each. As a result of this transaction Iain McKendrick's holds a total of 85,459,902 ordinary shares representing approximately 0.8% the Company's issued share capital

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Iain McKendrick
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Challenger Energy Group plc
b)	LEI	2138007V1WVFQ52DLS75
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 0.02 pence each
	Identification code	IM00BN2RD444
b)	Nature of the transaction	Acquisition of shares
.c)	Price(s) and volume(s)
			Price(s)	Volume(s)
	Ordinary Shares		0.1403p	35,459,902
d)	Aggregated information
		Ordinary Shares
	- Aggregated volume	35,459,902
	- Price	£49,750.24
e)	Date of the transaction	28 June 2024
f)	Place of the transaction	London Stock Exchange (XLON)

For further information, please contact:

Challenger Energy Group PLC Eytan Uliel, Chief Executive Officer	Tel: [phone]
WH Ireland - Nomad and Joint Broker Antonio Bossi / Darshan Patel / Isaac Hooper	Tel: [phone]
Zeus Capital - Joint Broker Simon Johnson	Tel: [phone]
Gneiss Energy Limited - Financial Adviser Jon Fitzpatrick / Paul Weidman / Doug Rycroft	Tel: [phone]
CAMARCO Billy Clegg / Hugo Liddy / Sam Morris	Tel: [phone]

Notes to Editors

Challenger Energy is an Atlantic-margin focused energy company, with production, development, appraisal, and exploration assets in the region. The Company's primary assets are located in Uruguay, where the Company holds high impact offshore exploration licences. Challenger Energy is quoted on the AIM market of the London Stock Exchange.

https://www.cegplc.com 

ENDS

 

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