Director/PDMR Dealing

RNS Number : 6595I

Wentworth Resources PLC

13 August 2021

 

13 August 2021

WENTWORTH RESOURCES PLC
("Wentworth" or the "Company")

Director/PDMR Dealing

Wentworth (AIM: WEN), the independent, Tanzania-focused natural gas production company ,   announces that Iain McLaren purchased 13,511 ordinary shares of no par value at a price of 24p per share in the Company, equating to an aggregate value of £3,242.64 via his dividend re-investment programme.

Following this purchase, Iain McLaren holds a total of 338,788 ordinary shares, representing 0.183 % of the outstanding share capital of the Company.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Iain Archibald McLaren
2.	Reason for the notification
a)	Position/status:	NED
b)	Initial notification/Amendment:	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Wentworth Resources PLC
b)	LEI:	213800L172PPXRPJZM82
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 shares of no par value in Wentworth Resources Plc JE00BGT34J81
b)	Nature of the transaction:	Acquisition of ordinary shares of no par value in Wentworth Resources Ltd.
c)	Price(s) and volume(s):	Price(s) Volume(s) Date 0.24 13,511 12/08/2021
d)	Aggregated information: · Aggregated volume: · Price:	13,511 0.24 p per share
e)	Date of the transaction:	12 August 2021
f)	Place of the transaction:	XLON

This announcement does not contain inside information.

Ends

Enquiries:  Wentworth Resources Katherine Roe, Chief Executive Officer   [e-mail] [phone]     Stifel Nicolaus Europe Limited   AIM Nominated Advisor and Joint Broker  Callum Stewart Ashton Clanfield Simon Mensley   [phone]   Peel Hunt LLP   Joint Broker  Richard Crichton Alexander Allen   [phone]   FTI Consulting   Communications Advisor  Sara Powell  Ben Brewerton   [phone] About Wentworth Resources Wentworth Resources plc (AIM: WEN) is a leading, domestic natural gas producer in Tanzania with a core producing asset at Mnazi Bay in the onshore Rovuma Basin in Southern Tanzania. The power demand base in-country is growing and with an ambitious universal energy access target set by the Government for 2030, Wentworth has a vital role to play in increasing access by ensuring a reliable, affordable and growing supply of natural gas into the local market. In 2019, Wentworth launched its sustainable dividend policy and remains committed to responsible growth that maintains returns for shareholders.

 

END

 

 

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