Director/PDMR Shareholding

RNS Number : 7199T

Zenith Energy Ltd

16 October 2017

 

October 16, 2017 

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Director/ PDMR Shareholding 

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; TSX.V: ZEE), the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce that Andrea Cattaneo, the Chief Executive Officer of the Company, has today purchased a total of 500,000 common shares of no par value in the capital of the Company ("Common Shares") at an average price of £0.09415 pence per Common Share. 

Following this purchase, Mr. Cattaneo now holds 3,338,616 Common Shares representing 2.54 per cent of the Common Shares in issue.

For further information, please contact:

Zenith Energy Ltd.

Andrea Cattaneo

Chief Executive Officer

Email: [e-mail]

Telephone:     [phone]

Telefax:           [phone]

Allenby Capital Limited - (Joint Broker)

Nick Harriss

Nick Athanas

Richard Short

Telephone:   + 44 (0) 203 328 5656

Optiva Securities - (Joint Broker)

Christian Dennis

Telephone: + 44 (0) 203 137 1903

Yellow Jersey (Financial PR/IR)

Tim Thompson

Telephone: [phone]

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")
a)	Name	Andrea Cattaneo
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Zenith Energy Ltd.
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	Common Shares of Zenith Energy Ltd.
	Identification Code	(ISIN) CA98936C1068
b)	Nature of the transaction	Purchase of common shares
c)	Aggregated information	Aggregated price	Aggregated  volume
		£0.09415 pence per common share	500,000
d)
	Currency	GBP - British Pound
e)	Date of the transaction	October 16, 2017
f)	Place of transaction	London Stock Exchange (LSE)

 

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