Director/PDMR Shareholding

RNS Number : 3479Q

Trinity Exploration & Production

11 October 2013

 



Trinity Exploration & Production plc

(the "Company" or "Trinity"; AIM:TRIN)

11 October 2013

Director/PDMR Shareholding

Trinity Exploration & Production plc ("Trinity" or the "Company"), (Ticker Symbol: TRIN), the leading independent E&P company focused on Trinidad and Tobago, announces that it was informed yesterday of the following dealing by Bruce Dingwall, Executive Chairman of the Company:

Following a previous agreement entered into between Lacerta Enterprises Limited ('Lacerta') and Bruce Dingwall, 34,026 ordinary shares in the capital of the Company, which Mr Dingwall had an indirect interest in by virtue of his shareholding in Lacerta, were transferred from Lacerta to Mr Dingwall as per his entitlement upon dissolution of Lacerta on 13 June 2013.  Following this transfer Mr Dingwall is interested in 5,781,472 ordinary shares in the Company, representing approximately 6.13 per cent of the issued share capital of the Company.

Enquiries

Trinity Exploration & Production Monty Pemberton, Chief Executive Officer Robert Gair, Corporate Development Manager	Tel: [phone]
RBC Capital Markets (NOMAD & Joint Broker) Tim Chapman Matthew Coakes Daniel Conti	Tel: [phone]
Jefferies (Joint Broker) Chris Zeal Graham Hertrich	Tel: [phone]
Brunswick Group LLP (PR Adviser) Patrick Handley Catriona McDermott	Tel: [phone]

About Trinity

Trinity is the largest independent E&P company focused on Trinidad and Tobago.  Trinity operates assets onshore and offshore on both the West and East coasts. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth.  The Company operates all of its licences and has 2P reserves of 36 mmbbl.  Trinity is listed on the AIM market of the London Stock Exchange under the ticker TRIN.LN.

 

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