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Great E. Energy Corp (GEEC)

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Monday 03 September, 2018

Great E. Energy Corp

Directors' Dealing

RNS Number : 6363Z
Great Eastern Energy Corp Ltd
03 September 2018
 

3 September 2018

Great Eastern Energy Corporation Limited

("Great Eastern" or "the Company")

 

Directors' Dealing

  

Mr. Yogendra Kr. Modi, Executive Chairman, and Mr. Prashant Modi, Managing Director & CEO, purchased through YKM Holdings International Ltd., 250,000 GDRs at 70p each on 31 August 2018 in the Company (1 GDR represents 0.5 underlying ordinary share of INR 10 each).  Following this purchase, they have a beneficial interest of 63.66% in the Company.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Yogendra Kr. Modi and Prashant Modi

2

Reason for the notification

a)

Position/status

Executive Chairman, and  Managing Director & CEO, respectively

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Great Eastern Energy Corporation Limited

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

GDRs representing 0.5 underlying ordinary share of INR 10 each  in Great Eastern Energy Corporation Limited

 

 

Identification code (ISIN) for Great Eastern Energy Corporation Limited ordinary shares: US39032T1060

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

70p

250,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

250,000 GDRs

70p average price

e)

Date of the transaction

31 August 2018

f)

Place of the transaction

London Stock Exchange, Main Market

 

For further information please contact:

 

Arden Partners

Steve Douglas                                                                                                +44 20 7614 5900

Paul Shackleton                                                                                               

 


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