Ascent Resources PLC Director/PDMR Shareholding (5749I)

TIDMAST

RNS Number : 5749I

Ascent Resources PLC

14 December 2020

Ascent Resources plc

("Ascent" or the "Company")

Director / PDMR Shareholding

Ascent Resources Plc (LON: AST) the onshore Caribbean, Hispanic American and European energy and natural resources company, announces that James Parsons, the Company's Executive Chairman, has purchased through his SIPP a total of 174,147 ordinary shares in the Company at a price of 5.74p per share.

Following the acquisition Mr Parsons is now interested in 341,947 ordinary shares in the Company, representing 0.359 percent of the Company's issued ordinary share capital.

The notification below, made in accordance with the requirements of the Market Absue regulations, provides further details.

Enquiries:

 
 Ascent Resources plc                      Via Vigo Communications 
  Andrew Dennan 
 WH Ireland, Nominated Adviser & Broker 
  James Joyce / Chris Savidge              0207 220 1666 
 Novum Securities, Joint Broker 
  John Belliss                             0207 399 9400

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                                       James Parsons 
       -----------------------------------------  ---------------------------------- 
 2      Reason for the notification 
       ----------------------------------------------------------------------------- 
 a)     Position/status 
                                                     PDMR (Executive Chairman) 
       -----------------------------------------  ---------------------------------- 
 b)     Initial notification/Amendment             Initial Notification 
       -----------------------------------------  ---------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------- 
 a)    Name                                    Ascent Resources plc 
      --------------------------------------  ----------------------------------- 
 b)    LEI                                     213800Q8R5GV7DLNEL37 
      --------------------------------------  ----------------------------------- 
 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            Ordinary shares of GBP0.005 
        instrument, type of instrument          each 
      --------------------------------------  ----------------------------------- 
       Identification code                     GB00BJVH7905 
      --------------------------------------  ----------------------------------- 
 b)    Nature of the transaction               Purchase of ordinary shares 
      --------------------------------------  ----------------------------------- 
 c)    Price(s) and volumes(s)                 Price(s)           Volume(s) 
      --------------------------------------  -----------------  ---------------- 
    GBP0.0574                                                     174,147 
   -----------------                                             ---------------- 
 d)    Aggregated information                  N/A 
      --------------------------------------  ----------------------------------- 
  Aggregated volume                       N/A 
 --------------------------------------  ---------------------------------------- 
  Price                                   N/A 
 --------------------------------------  ---------------------------------------- 
 e)    Date of the transaction                 14 December 2020 
      --------------------------------------  ----------------------------------- 
 f)    Place of the transaction                AIMX 
      --------------------------------------  -----------------------------------

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END

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