Directors Shareholding

RNS Number : 2024W

Egdon Resources PLC

07 February 2017

 

7 February 2017

EGDON RESOURCES PLC

("Egdon" or "the Company")

Directors Shareholding

Egdon Resources plc (the "Company") has been informed that as a result of Mr Mark Abbott's younger son achieving his majority, his shareholding is no longer to be counted as part of Mr Abbott's beneficial shareholding.  Accordingly, although these shares have not been sold, Mr Abbott's beneficial shareholding is reduced by 100,000 ordinary shares to 7,764,387 ordinary shares, representing 2.99% of the issued and voting share capital of the Company.

For further information please contact:

Egdon Resources plc

Mark Abbott                                                                              01256 702 292

Buchanan

Richard Darby, Anna Michniewicz                                               020 7466 5000

Nominated Adviser and Broker - Cantor Fitzgerald Europe

David Porter, Sarah Wharry (Corporate Finance)                           020 7894 7000

Mark Westcott (Sales)

Joint Broker - VSA Capital Limited

Andrew Monk (Corporate Broking)                                               020 3005 5000

Andrew Raca (Corporate Finance)

Notes to Editors:

Egdon Resources plc

Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK. 

Egdon holds interests in 43 licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets.  Egdon is an approved operator in both the UK and France.

Egdon was formed in 1997 and listed on AIM in December 2004.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

 

END

 

 

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