Director/PDMR Dealing

Deltic Energy PLC

26 February 2024

 

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

26 February 2024

Deltic Energy Plc ("Deltic" or "the Company")

Director/PDMR Dealing

Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, announces that it was notified today that Peter Cowley, a Non-Executive Director of the Company, has sold and purchased 50,924 ordinary shares of 10p each ("Ordinary Shares") in the Company as part of a Bed & ISA arrangement.

There has been no change to the number of Ordinary Shares beneficially held by Mr Cowley as a result of these transactions.

Details of the transactions in Ordinary Shares are shown below.

For further information please contact the following:

Deltic Energy Plc	Tel: [phone]
Graham Swindells / Andrew Nunn / Sarah McLeod
Allenby Capital Limited (Nominated Adviser)	Tel: [phone]
David Hart / Alex Brearley (Corporate Finance)
Stifel Nicolaus Europe Limited (Joint Broker)	Tel: [phone]
Callum Stewart / Simon Mensley / Ashton Clanfield
Canaccord Genuity Limited (Joint Broker) Adam James / Gordon Hamilton	Tel: [phone]

About Deltic Energy Plc

Deltic has created a strategically located portfolio of high-quality gas exploration licences in the Southern North Sea over a number of licensing rounds.  These licences are located in areas that have been underexplored despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus, most of which have gone on to be developed and could provide ready access to export infrastructure for any future developments on Deltic's licence acreage.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Peter Cowley
2.	Reason for the notification
a)	Position / status	Non-Executive Director
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Deltic Energy Plc
b)	LEI	213800TS8K1D27AFP275
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 financial instrument Identification Code	Ordinary Shares of 10p ISIN: GB00BNTY2N01
b)	Nature of the transaction	Sale and Purchase of Ordinary Shares pursuant to a "Bed and ISA" process
c)	Price(s) and volume(s)	Price(s) Volume(s) 35.7 pence (sale) 35.8 pence (purchase by ISA) 50,924 (sale) 50,924 (purchase by ISA)
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	20 February 2024
f)	Place of the transaction	London Stock Exchange (AIMX)

**ENDS**

 

END