Director/PDMR Shareholdings

RNS Number : 9952W

Independent Oil & Gas PLC

24 April 2019

 

24 April 2019

Independent Oil & Gas PLC

("IOG" or the "Company")

Director/PDMR Shareholdings

Independent Oil and Gas plc (AIM: IOG.L), the development and production focused oil and gas company, announces that further to the completion of the Company's Placing, Subscription and Open Offer (together the "Fundraising"), IOG is pleased to confirm the participation in the Fundraising by certain Directors and persons discharging managerial responsibilities ("PDMRs") of the Company. Their participation in the Fundraising and revised shareholdings are shown below:

Director/Senior manager	Role	Number of Subscription Shares subscribed for	Number of Open Offer Shares received	Resultant number of Ordinary Shares held	Percentage of Enlarged Share Capital held
Fiona MacAulay	Non-Executive Chair	200,000	-	200,000	0.06%
Andrew Hockey	CEO	100,000	-	100,000	0.03%
Mark Hughes	COO	100,000	28,105	306,105	0.09%
James Chance	CFO (PDMR)	100,000	-	100,000	0.03%
Esa Ikaheimonen	Non-Executive Director	500,000	-	500,000	0.15%
Rupert Newall	Head of Corporate Finance (PDMR)	300,000	-	300,000	0.09%
Gavin Milne	Financial Controller (PDMR)	100,000	-	100,000	0.03%

For more information please contact:

Independent Oil & Gas PLC Andrew Hockey (CEO) James Chance (CFO) Rupert Newall (Head of Corporate Finance)			[phone]
finnCap Ltd (Nominated Adviser and Joint Bookrunner) Christopher Raggett, Simon Hicks (Corporate Finance) Camille Gochez (Corporate Broking)			[phone]
Peel Hunt LLP (Joint Bookrunner) Richard Crichton David McKeown			[phone]
GMP First Energy (Joint Bookrunner) Jonathan Wright			[phone]
Vigo Communications Patrick d'Ancona Chris McMahon Simon Woods			[phone]
1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Fiona MacAulay
2.	Reason for the notification
(a)	Position/status	Non-Executive Chair
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Independent Oil and Gas plc
(b)	LEI	2138005OA2NLZS2NRT74
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	Independent Oil & Gas plc Ordinary Shares of 1p each
(b)	Identification code of the Financial Instrument	ISIN: GB00BF49WF64
(c)	Nature of the transaction	Subscription for Ordinary Shares
(d)	Price(s) and volume(s)	Price(s)		Volume(s)
		10p		200,000
(e)	Aggregated information -        Aggregated volume -      Price	n/a
(f)	Date of the transaction	24 April 2019
(g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Andrew Hockey
2.	Reason for the notification
(a)	Position/status	CEO
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Independent Oil and Gas plc
(b)	LEI	2138005OA2NLZS2NRT74
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	Independent Oil & Gas plc Ordinary Shares of 1p each
(b)	Identification code of the Financial Instrument	ISIN: GB00BF49WF64
(c)	Nature of the transaction	Subscription for Ordinary Shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		10p	100,000
(e)	Aggregated information -        Aggregated volume -      Price	n/a
(f)	Date of the transaction	24 April 2019
(g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Mark Hughes
2.	Reason for the notification
(a)	Position/status	COO
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Independent Oil and Gas plc
(b)	LEI	2138005OA2NLZS2NRT74
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	Independent Oil & Gas plc Ordinary Shares of 1p each
(b)	Identification code of the Financial Instrument	ISIN: GB00BF49WF64
(c)	Nature of the transaction	Subscription for Ordinary Shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		10p	100,000
(e)	Aggregated information -        Aggregated volume -      Price	n/a
(f)	Date of the transaction	24 April 2019
(g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Mark Hughes
2.	Reason for the notification
(a)	Position/status	COO
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Independent Oil and Gas plc
(b)	LEI	2138005OA2NLZS2NRT74
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	Independent Oil & Gas plc Ordinary Shares of 1p each
(b)	Identification code of the Financial Instrument	ISIN: GB00BF49WF64
(c)	Nature of the transaction	Purchase of Ordinary Shares in Open Offer
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		10p	28,105
(e)	Aggregated information -        Aggregated volume -      Price	n/a
(f)	Date of the transaction	24 April 2019
(g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	James Chance
2.	Reason for the notification
(a)	Position/status	CFO (PDMR)
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Independent Oil and Gas plc
(b)	LEI	2138005OA2NLZS2NRT74
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	Independent Oil & Gas plc Ordinary Shares of 1p each
(b)	Identification code of the Financial Instrument	ISIN: GB00BF49WF64
(c)	Nature of the transaction	Subscription for Ordinary Shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		10p	100,000
(e)	Aggregated information -        Aggregated volume -      Price	n/a
(f)	Date of the transaction	24 April 2019
(g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Esa Ikaheimonen
2.	Reason for the notification
(a)	Position/status	Non-Executive Director
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Independent Oil and Gas plc
(b)	LEI	2138005OA2NLZS2NRT74
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	Independent Oil & Gas plc Ordinary Shares of 1p each
(b)	Identification code of the Financial Instrument	ISIN: GB00BF49WF64
(c)	Nature of the transaction	Subscription for Ordinary Shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		10p	500,000
(e)	Aggregated information -        Aggregated volume -      Price	n/a
(f)	Date of the transaction	24 April 2019
(g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Rupert Newall
2.	Reason for the notification
(a)	Position/status	Head of Corporate Finance (PDMR)
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Independent Oil and Gas plc
(b)	LEI	2138005OA2NLZS2NRT74
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	Independent Oil & Gas plc Ordinary Shares of 1p each
(b)	Identification code of the Financial Instrument	ISIN: GB00BF49WF64
(c)	Nature of the transaction	Subscription for Ordinary Shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		10p	300,000
(e)	Aggregated information -        Aggregated volume -      Price	n/a
(f)	Date of the transaction	24 April 2019
(g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Gavin Milne
2.	Reason for the notification
(a)	Position/status	Financial Controller (PDMR)
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Independent Oil and Gas plc
(b)	LEI	2138005OA2NLZS2NRT74
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	Independent Oil & Gas plc Ordinary Shares of 1p each
(b)	Identification code of the Financial Instrument	ISIN: GB00BF49WF64
(c)	Nature of the transaction	Subscription for Ordinary Shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		10p	100,000
(e)	Aggregated information -        Aggregated volume -      Price	n/a
(f)	Date of the transaction	24 April 2019
(g)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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