Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources
25 November 2022
Deltic Energy Plc ("Deltic" or "the Company")
PDMR/Director Dealings
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, has been notified that, as a consequence of the purchase of Subscription shares, three Directors, and a person discharging managerial responsibility transferred a total of 3,031,194 ordinary shares to their individual ISA accounts. Additionally, Peter Nicol has acquired a further 142,858 ordinary shares via his ISA account. Details of these share transfers and purchases are shown below. There has been no change to the number of shares beneficially held by each PDMR as a result of these transfers, other than an increase to the beneficial holding of Peter Nicol.
Director/Senior manager |
Role |
Number of ordinary shares sold |
Resultant number of ordinary shares purchased via ISA accounts |
Resultant number of ordinary shares held |
Graham Swindells |
Chief Executive Officer |
1,000,000 |
1,000,000 |
3,109,121 |
Andrew Nunn |
Chief Operating Officer |
594,110 |
594,110 |
1,235,295 |
Peter Nicol |
Non-Executive Director |
857,142 |
1,000,000 |
1,000,000 |
Sarah McLeod |
Chief Financial Officer |
579,942 |
579,942 |
865,656 |
The notification below, made in accordance with the requirements of UK Market Abuse Regulation, provides further detail.
1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Graham Swindells |
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Executive Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Deltic Energy Plc |
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b) |
LEI |
213800TS8K1D27AFP275 |
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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 |
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a) |
Description of the financial instrument, type of financial instrument Identification Code |
Ordinary Shares of 0.5p ISIN: GB00B6SYKF01
|
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b) |
Nature of the transaction |
1. Sale of Ordinary Shares from share dealing account 2. Purchase of Ordinary Shares into ISA account |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
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e) |
Date of the transaction |
23 November 2022
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f) |
Place of the transaction |
London Stock Exchange (AIMX) |
1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Andrew Nunn |
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Operating Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Deltic Energy Plc |
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b) |
LEI |
213800TS8K1D27AFP275 |
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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 0.5p ISIN: GB00B6SYKF01
|
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b) |
Nature of the transaction |
1. Sale of Ordinary Shares from share dealing account 2. Purchase of Ordinary Shares into ISA account |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
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e) |
Date of the transaction |
23 November 2022
|
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f) |
Place of the transaction |
London Stock Exchange (AIMX) |
1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Peter Nicol |
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2. |
Reason for the notification |
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a) |
Position / status |
Non-Executive Director |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Deltic Energy Plc |
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b) |
LEI |
213800TS8K1D27AFP275 |
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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 0.5p ISIN: GB00B6SYKF01
|
|||||||||
b) |
Nature of the transaction |
1. Sale of Ordinary Shares from share dealing account 2. Purchase of Ordinary Shares into ISA account |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
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e) |
Date of the transaction |
23 November 2022
|
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f) |
Place of the transaction |
London Stock Exchange (AIMX) |
1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Sarah McLeod |
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Financial Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||||||||
a) |
Name |
Deltic Energy Plc |
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b) |
LEI |
213800TS8K1D27AFP275 |
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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 0.5p ISIN: GB00B6SYKF01
|
|||||||||
b) |
Nature of the transaction |
1. Sale of Ordinary Shares from share dealing account 2. Purchase of Ordinary Shares into ISA account |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
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e) |
Date of the transaction |
24 November 2022
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f) |
Place of the transaction |
London Stock Exchange (AIMX) |
**ENDS**
For further information please contact the following:
Deltic Energy Plc |
Tel: +44 (0) 20 7887 2630 |
Graham Swindells / Andrew Nunn / Sarah McLeod |
|
Allenby Capital Limited (Nominated Adviser) |
Tel: +44 (0) 20 3328 5656 |
David Hart / Alex Brearley (Corporate Finance) |
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Stifel Nicolaus Europe Limited (Joint Broker) |
Tel: +44 (0) 20 7710 7600 |
Callum Stewart / Simon Mensley / Ashton Clanfield |
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Canaccord Genuity Limited (Joint Broker) Adam James / Gordon Hamilton
|
Tel: +44 (0) 20 7523 8000 |
Vigo Consulting (IR Adviser) |
Tel: +44 (0) 20 7390 0230 |
Patrick d'Ancona / Finlay Thomson / Kendall Hill |
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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.