Director/PDMR Shareholding

RNS Number : 4086Q

Coro Energy PLC

18 February 2019

 

18 February 2019

Coro Energy plc

("Coro Energy" or the "Company")

Director/PDMR Shareholdings

Coro Energy plc, the pan Euro-Asian gas explorer and producer, announces that James Menzies, Chief Executive Officer of Coro Energy, has today purchased 1,000,000 Ordinary Shares in the Company at an average price of 2.184p. Following this purchase of Ordinary Shares, James Menzies' shareholding in the Company amounts to 3,850,393 Ordinary Shares, equal to 0.54 per cent. of the issued share capital of the Company. 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

Coro Energy plc James Menzies, Chief Executive Officer Andrew Dennan, Chief Financial Officer	Tel: [phone]
Grant Thornton UK LLP (Financial and Nominated Adviser) Colin Aaronson/Jen Clarke/Harrison J Clarke	Tel: [phone]
Mirabaud Securities Ltd (Joint Broker)	Tel: [phone]
Peter Krens/Ed Haig-Thomas
Turner Pope Investments (TPI) Ltd (Broker) Ben Turner/James Pope	Tel: [phone] [e-mail]

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Menzies
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	Coro Energy Plc
b)	LEI	2138004JXMD9YXLMKS49
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  0.1 pence each
	Identification code	GB00BDCFP425
b)	Nature of the transaction	Acquisition
c)	Price(s) and volume(s)	Price(s) Volume(s) 2.225 pence 100,000 2.2102 pence 150,000 2.2 pence 250,000 2.175 pence 250,000 2.145 pence 250,000
d)	Aggregated information
	- Aggregated volume	1,000,000
	- Price	2.184 pence
e)	Date of the transaction	18/02/2019
f)	Place of the transaction	London Stock Exchange's AIM Market

 

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