Director/PDMR Shareholding

RNS Number : 4403U

Wentworth Resources PLC

25 November 2019

 

PRESS RELEASE                                                                                                                                  25 November 2019

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

Director/PDMR Dealing

Wentworth (AIM: WEN), the AIM listed independent, East Africa-focused oil & gas company announces that Iain McLaren purchased 202,502 ordinary shares of no par value at an average price of 19.59p per share in the Company, equating to an aggregate value of £39,677.56.

Following this purchase, Iain McLaren holds a total of 302,502 ordinary shares, representing 0.16% 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 0.178 2,502 12/11/2019 0.195822 100,000 20/11/2019 0.1965 100,000 22/11/2019
d)	Aggregated information: · Aggregated volume: · Price:	202,502 19.59p per share
e)	Date of the transaction:	12/11/2019 - 22/11/2019
f)	Place of the transaction:	XLON

-Ends-

Enquiries: Wentworth	Katherine Roe, Interim Chief Executive Officer and Chief Financial Officer	[e-mail] [phone]
Stifel Nicolaus Europe Limited	Nominated Adviser and Broker Callum Stewart Ashton Clanfield Simon Mensley	[phone]
Peel Hunt LLP	Broker Richard Crichton Ross Allister	[phone]
Vigo	Investor Relations Adviser (UK) Patrick d'Ancona Chris McMahon	[phone]

About Wentworth Resources

Wentworth Resources is a publicly traded (AIM: WEN), independent oil & gas company with natural gas production, exploration and appraisal opportunities in the Rovuma Delta Basin of coastal southern Tanzania.

Inside Information

This announcement does not contain inside information.

 

END

 

 

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