Director/PDMR Shareholding

RNS Number : 7757W

Ascent Resources PLC

14 February 2017

 

Ascent Resources plc

("Ascent" or the "Company")

Director's dealing

The Company has been notified of the following acquisition, on 13 February 2017, of ordinary shares by a Director of the Company, as part of the underwritten offer of 161,500,000 new ordinary shares at 1.85p per share:

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Colin Hutchinson
2	Reason for the notification
a)	Position / status	Chief Executive Officer
b)	Initial notification / amendment	Initial notification
3	Details of issuer
a)	Name	Ascent Resources plc
b)	LEI	(not available)
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  Identification code	Ordinary 0.2p shares in Ascent Resources plc  GB00BZ16J374
b)	Nature of the transaction	Purchase pursuant to offer of new ordinary shares in the Company
c)	Price(s) and volume(s)	Price Volume 1.85 pence per share 270,270
d)	Aggregated information	Price Volume Total 1.85 pence per share 270,270 £5,000.00
e)	Date of the transaction	13 February 2017
f)	Place of the transaction	Outside of trading venue

Enquiries:

Ascent Resources plc                                                                                                     0207 251 4905

Clive Carver, Chairman

Colin Hutchinson, CEO

Stockdale Securities Limited, Nominated Adviser and Joint Broker         0207 601 6100

Richard Johnson

Edward Thomas

Northland Capital Partners Limited, Joint Broker                                              0203 861 6625

Tom Price

IFC Advisory Ltd, Financial PR and IR                                                                       0203 053 8671                        

Tim Metcalfe

Heather Armstrong

 

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