Director/PDMR Shareholding

RNS Number : 8126Z

Zenith Energy Ltd

19 December 2017

 

December 19, 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 250,000 common shares of no par value in the capital of the Company ("Common Shares") at an average price of £0.07986  per Common Share. 

Following this purchase, Mr. Cattaneo is directly beneficially interested in a total of 3,670,116 Common Shares representing 2.55 per cent of the Company's issued common share capital. As announced on December 15, 2017, Mr. Cattaneo is indirectly interested in a total of 1,250,000 common shares, today representing 0.87 per cent of the Company's issued share capital. 

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

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 / person closely associated
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.
b)	LEI	213800AYTYOYD61S4569
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
	Identification code	CA98936C1068
b)	Nature of the transaction	Purchase of Common Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.07965	100000
		£0.08	150000
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	300000
	Aggregated price	£0.07986
e)	Date of the transaction	December 19, 2017
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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