Director/PDMR Shareholding

RNS Number : 8971F

Trinity Exploration & Production

21 July 2021

 

Trinity Exploration & Production plc
("Trinity" or the "Company")

Director/PDMR shareholding

Trinity Exploration & Production plc (AIM: TRIN), the independent E&P company focused on Trinidad and Tobago, announces that Angus Winther, Non-Executive Director, has notified the Company, on 20 July 2021, that he has made the following share purchases:

Date purchased	Price	Volume(s)
19 July 2021	170p	10,000
20 July 2021	170p	10,000

Following these purchases, Mr Winther is now interested in 3,113,299 Ordinary shares in the Company representing 8.01 per cent of the issued share capital (voting rights), of the Company as per the following table:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Angus Winther
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Trinity Exploration & Production plc
b)	LEI	213800WHW7571LAEDG63
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	Ordinary shares of USD 0.01 per share par value
	Identification code	GB00BN7CJ686
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volume(s)
			Date purchased	Price(s)	Volume(s)
			19 July 2021	170p	10,000
			20 July 2021	170p	10,000
d)	Aggregated information
	- Aggregated volume	20,000  shares
	- Price	170p
e)	Date of the transaction	19 & 20 July 2021
f)	Place of the transaction	London Stock Exchange, AIM

Enquiries

For further information please visit www.trinityexploration.com   or contact:

Trinity Exploration & Production plc	[phone]
Bruce Dingwall CBE, Executive Chairman Jeremy Bridglalsingh, Managing Director Tracy Mackenzie, Corporate Development Manager
SPARK Advisory Partners Limited (Nominated Adviser and Financial Adviser)	[phone]
Mark Brady
Cenkos Securities PLC (Broker)
Leif Powis (Corporate Broking) Neil McDonald	[phone] [phone]
Walbrook PR Limited	[phone]
Nick Rome	[e-mail]

About Trinity ( www.trinityexploration.com )

Trinity is an independent oil production company focused solely on Trinidad and Tobago.  Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. 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 nine licences and, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the end of 2020 was 19.55 mmbbls. Group 2C contingent resources are estimated to be 31.06 mmbbls. The Group's overall 2P plus 2C volumes are therefore 50.61 mmbbls.

Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.

 

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