Director Share Dealing

RNS Number : 1950L

Jadestone Energy Inc.

28 April 2020

 

Jadestone Energy Inc.
Director Share Dealing

April 28, 2020-Singapore: Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia Pacific region, announces that on April 24, 2020 and on April 27, 2020, Dennis McShane, a Non-Executive Director and Chairman of Jadestone, acquired a total of 150,732   common shares of no par value, for a total cost of £65,337.09.  For further details, please refer to the Dealing Notification Form below.

Following the transaction, Mr. McShane holds a total of 453,651 common shares, which represents 0.10% of the Company's issued share capital.

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

AND THEIR CLOSELY ASSOCIATED PERSONS

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Dennis McShane
2.	Reason for the notification
a)	Position/status:	Non-Executive Director and Chairman
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Jadestone Energy Inc.
b)	LEI:	254900E4GCXW63X26Q32
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: Identification code:	Common shares of no par value in Jadestone Energy Inc. ISIN: CA46989Q1000
b)	Nature of the transaction:	Purchase of common shares of no par value in Jadestone Energy Inc.
c)	Price(s) and volume(s):	On April 24, 2020: i)  GBp 43.02 per share, 73,251 common shares; ii)  GBp 44.40 per share, 7,114 common shares; and iii)  GBp 44.20 per share, 12,500 common shares. On April 27, 2020: i)  GBp 43.40 per share, 31,257 common shares; and ii)  GBp 43.50 per share, 26,610 common shares.
d)	Aggregated information: · Aggregated volume: · Price:	150,732 common shares £65,337.09
e)	Date of the transaction(s):	April 24, 2020 and April 27, 2020
f)	Place of the transaction	XLON

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For further information, please contact:

Enquiries

Jadestone Energy Inc.	[phone] (Singapore)
Paul Blakeley, President and CEO	[phone] (Canada)
Dan Young, CFO	[phone]
Robin Martin, Investor Relations Manager	[e-mail]
Stifel Nicolaus Europe Limited (Nomad, Joint Broker)	[phone] (UK)
Callum Stewart
Simon Mensley
Ashton Clanfield
BMO Capital Markets Limited (Joint Broker)	[phone] (UK)
Thomas Rider
Jeremy Low
Thomas Hughes
Camarco (Public Relations Advisor)	[phone] (UK)
Billy Clegg	[e-mail]
James Crothers

 

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