Director/PDMR Shareholdings

RNS Number : 9238J

Petroneft Resources PLC

07 July 2011

 



PetroNeft Resources plc ("PetroNeft" or the "Company")

Director/PDMR Shareholdings

PetroNeft received notification on 6 July 2011 that the following directors of the Company purchased ordinary shares of nominal value €0.01 each ("Ordinary Shares") of the Company on 6 July 2011. The details of these transactions and the director's resultant holdings are as follows:

	Ordinary Shares purchased	Price per Ordinary Share	Resulting holding of Ordinary Shares	% of Issued Share Capital
Dennis Francis	190,000	Stg35.71p	22,760,416	5.53%
David Sanders	25,000	Stg35.25p	2,238,235	0.54%
Paul Dowling	125,000	Stg35.25p	331,583	0.08%
Tom Hickey	100,000	Stg35.25p	1,826,283	0.44%

In addition PetroNeft received notification on 6 July 2011 of the following purchase of Ordinary Shares on 6 July 2011 by Karl Johnson, Vice President of Business Development and Operations

	Ordinary Shares purchased	Price per Ordinary Share	Resulting holding of Ordinary Shares	% of Issued Share Capital
Karl Johnson	177,000	Stg35.25p	532,349	0.13%

For further information, contact:

Paul Dowling, CFO, PetroNeft Resources plc

[phone]

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