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Wentworth Resources Ltd (WRL)

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Monday 08 October, 2018

Wentworth Resources Ltd

Wentworth Resources Limited : Notification of Trade / Director Dealings

Wentworth Resources Limited : Notification of Trade / Director Dealings

Wentworth Resources Limited

("Wentworth" or the "Company")

  

Notification of Trade / Director Dealings


Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, was notified on the 5 October 2018 of the following transactions by a director of the Company:


On 4 October 2018 and 5 October 2018, Mr. Iain McLaren, Proposed Non-Executive Director of the Company, acquired 100,000 common shares of no par value in the Company ("Common Shares") at a price of 23.23p per Common Share. Following the acquisition, Mr. McLaren has an interest in 100,000 Common Shares representing 0.05 percent of the Company's issued share capital.

1.   Details of the person discharging managerial responsibilities/person closely associated

a)   Name: Iain Archibald McLaren

2.   Reason for the notification

a)   Position/status: Proposed Non-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: Wentworth Resources Limited

b)   LEI: 213800IW2LNKOYYG7412

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: Common shares of no par value in Wentworth Resources Limited
Identification code: ISIN CA9506771042

b)   Nature of the transaction: Purchase of Common shares of no par value in Wentworth Resources Limited

c)   Price(s) and volume(s)

Price(s)Volumes(s)Date
 

23p
 

30,000
 

4 October 2018
 

23.4167p
 

40,000
 

5 October 2018
 

23.2222p
 

30,000
 

5 October 2018


d)   Aggregated information

  • Aggregated volume: 100,000
  • Price: 23.23334p

e) Date of the transaction: 4 October 2018 and 5 October 2018

f) Place of the transaction: XLON

-Ends-

Enquiries: 
Wentworth
Bob McBean,
Executive Chairman

 

Eskil Jersing,
Chief Executive Officer

 

Katherine Roe,
Chief Financial Officer
[email protected]



[email protected]
+44 7717 847623

 

[email protected]
+44 7841 087 230
    
Stifel Nicolaus Europe LimitedAIM Nominated Adviser and Broker (UK)
Callum Stewart
Ashton Clanfield
+44 (0) 20 7710 7600
     
Peel Hunt LLPBroker (UK)
Richard Crichton
Ross Allister

 
+44 (0) 20 7418 8900
VigoInvestor Relations Adviser (UK)
Patrick d'Ancona
Chris McMahon
Kate Rogucheva


+44 (0) 20 7830 9700

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wentworth Resources Limited via Globenewswire


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