Board Changes, PDMR Dealing & TR1 Notification

Curzon Energy PLC

20 September 2024

 

20 September 2024

Curzon Energy Plc

("Curzon" or the "Company")

Board Update, PDMR Dealing & TR-1

Curzon Energy Plc (LSE: CZN) announces that further to the announcement of 19 August 2024, the Company confirms that Mr. Paul Forrest and Mr. Richard Glass have joined the board with immediate effect.

Simultaneously, the Company confirms that Mr. John McGoldrick has resigned as Non-Executive Chairman, and Mr. Scott Kaintz has resigned as an Executive Director.  Mr. Scott Kaintz has subsequently been appointed as a Non-Executive Director. 

Richard Glass, Non-Executive Chairman comments: "We extend our gratitude to John for his perseverance in navigating Curzon Energy through a challenging phase and setting a strong foundation for future growth. The recent board changes represent early steps in shaping the Company's next chapter, and we look forward to sharing more updates on our strategic direction and growth plans in due course."

The Board of the Company will therefore consist of:

Executive Director:

Mr. Paul Forrest - Executive Director

Non-Executive Directors:

Mr. Richard Glass - Non-Executive Chairman

Mr. Scott Kaintz - Non-Executive Director

Paul Forrest, Executive Director, age 54

Current Directorships	Non-current directorships (past 5 years)
Forum Energy Services Limited (FES)	Conceptual Build Limited
Saltfleetby Energy Limited	Forrest Accounting Limited
Saltfleetby Energy Europe Limited	Viridis Holdings UK Limited
PXOG Massey Limited	Angus Energy Plc
Forrest Kolebuk Development SPÓŁKA Z	The Orwell Group Limited
OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ	Anglo African Oil & Gas Plc

Richard Glass, Non-Executive Director, age 47

Current Directorships	Non-current directorships (past 5 years)
AtDeuce Fund (Pty) Ltd	AtCommerce Investments (Pty) Ltd
Atlantis Fund (Pty) Ltd	Protea Village Development Company (Pty) Ltd
Atlantis Fund Investments One (Pty) Ltd	AtNeat Investments (Pty) Ltd
Atlantis Partners (Pty) Ltd	Broadiss (Pty) Ltd
Atlas Park Holdings (Pty) Ltd	Frequentsee NPC
Bethel Partners (Pty) Ltd
Fynbosland 301 CC
Glasshouse Investment Holdings (Pty) Ltd
Glasshouse Developments (Pty) Ltd
Richmond Park Development Company (Pty) Ltd
Richmond Park Investment (Pty) Ltd
Skypark Capital (Pty) Ltd

Current Director shareholdings are as follows:

Directors	Ordinary Shares		Total Shares	% of Issued Share Capital	Warrants	Options
	Direct	Indirect
Paul Forrest	166,666,700	Nil	166,666,700	13.52%	Nil	Nil
Richard Glass	Nil	Nil	Nil	0.00%	Nil	Nil
Scott Kaintz	Nil	949,367	949,367	0.08%	Nil	Nil

For further information please contact:

Curzon Energy Plc
Paul Forrest / Richard Glass	[e-mail] www.curzonenergy.com
Peterhouse Capital Limited (Corporate Broker)	[phone]

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TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			CURZON ENERGY PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						x
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			Paul Forrest
City and country of registered office (if applicable)			Isleworth, UK
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			18/09/2024
6. Date on which issuer notified (DD/MM/YYYY):			18/09/2024
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	13.52%			13.52%	166,666,700
Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BD97ND60		166,666,700					13.52%
SUBTOTAL 8. A		166,666,700					13.52%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii				X
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Paul Forrest	13.52%		13.52%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi

Place of completion	UNITED KINGDOM
Date of completion	19/09/2024

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Forrest
2	Reason for the notification For persons discharging managerial responsibilities: - The position occupied within the issuer or emission allowance market participant should be indicated e.g. CEO, CFO. For persons closely associated with: - An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities; - Name and position of the relevant person discharging managerial responsibilities
a)	Position/status	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	Curzon Energy Plc
b)	LEI	GB00BD97ND60
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 0.01 pence each in Curzon Energy Plc
	Identification code	GB00BD97ND60
b)	Nature of the transaction	Purchase of shares via placing
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.0003	166,666,700
d)	Aggregated information
	- Aggregated volume	166,666,700
	- Price	£0.0003
e)	Date of the transaction	2024-09-18
f)	Place of the transaction	UNITED KINGDOM
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Scott Kaintz
2	Reason for the notification For persons discharging managerial responsibilities: - The position occupied within the issuer or emission allowance market participant should be indicated e.g. CEO, CFO. For persons closely associated with: - An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities; - Name and position of the relevant person discharging managerial responsibilities
a)	Position/status	Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
a)	Name	Curzon Energy Plc
b)	LEI	GB00BD97ND60
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 0.01 pence each in Curzon Energy Plc
	Identification code	GB00BD97ND60
b)	Nature of the transaction	Purchase of shares via placing
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.0003	966,667,200
d)	Aggregated information
	- Aggregated volume	966,667,200
	- Price	£0.0003
e)	Date of the transaction	2024-09-18
f)	Place of the transaction	UNITED KINGDOM

 

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