Directors Share Dealing

RNS Number : 1584S

Egdon Resources PLC

16 November 2011

 



For Immediate Release

16 November 2011

EGDON RESOURCES PLC

("Egdon" or "the Company")

Directors Share Dealing

The Company has been informed that Mark Abbott, Managing Director, yesterday purchased 125,176 ordinary shares in the Company at a price of 13.9 pence each via his SIPP. Mr Abbott's total beneficial shareholding in the Company is now 7,363,824 ordinary shares, representing 5.62 per cent of the issued share capital of the Company.

For further information please contact:

Egdon Resources plc

Mark Abbott                                                                                           01256 702292

                                                                                                                 www.egdon-resources.com

Buchanan Communications

Richard Darby, James Strong, Gabriella Clinkard                       020 7466 5000

Nominated Adviser and Broker - Seymour Pierce

Jonathan Wright, Sarah Jacobs (Corporate Finance)                 020 7107 8000

Richard Redmayne, Jeremy Stephenson (Corporate Broking)

Notes to Editors:

Egdon Resources plc

Egdon Resources plc (LSE: EDR) is an established UK-based exploration and production company primarily focused on onshore exploration and production in the hydrocarbon-producing basins of the UK and Europe. 

Egdon currently holds interests in29 licences in the UK and France and has an active programme of exploration, appraisal and development within its balanced portfolio of oil and gas assets.  Egdon is an approved operator in both the UK and France.

Egdon was formed in 1997 and listed on AIM in December 2004.

www.egdon-resources.com 

In accordance with the AIM Rules - Note for Mining and Oil and Gas Companies, the information contained in this announcement has been reviewed and signed off by the Managing Director of Egdon Resources plc Mark Abbott, a Geoscientist with over 25 years' experience.

 

END

 

 

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