Beacon Energy PLC PDMR Dealing (9269E)

TIDMBCE

RNS Number : 9269E

Beacon Energy PLC

04 July 2023

4 July 2023

Beacon Energy plc

("Beacon Energy" or the "Company")

PDMR Dealing

Beacon Energy (AIM:BCE) announces that, on 30 June 2023, Peter Appel, Managing Director of Beacon Energy's wholly owned subsidiary Rhein Petroleum GmbH purchased 8,000,000 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of 0.10 pence.

Following this transaction, Peter Appel is beneficially interested in 19,000,000 Ordinary Shares, representing approximately 0.002 per cent. of the Company's issued Ordinary Share capital.

Enquiries:

 
 Beacon Energy plc                                                 via Buchanan 
  L arry Bottomley (CEO) / Stewart MacDonald (CFO) 
 
 Strand Hanson Limited (Financial and Nominated Adviser) 
  Rory Murphy / James Bellman                               +44 (0)20 7409 3494 
 
 Buchanan (Public Relations) 
  Ben Romney / George Pope                                  +44 (0)20 7466 5000 
 
 Tennyson Securities Limited (Joint Broker) 
  Peter Krens / Ed Haig-Thomas                              +44 (0)20 7186 9030 
 
 Optiva Securities Limited (Joint Broker) 
  Christian Dennis                                          +44 (0)20 3411 1881 
 
 
   For further information, please visit   www.beaconenergyplc.com   and @BeaconEnergyPlc on Twitter

To register for Beacon Energy's email alerts, please complete the following form: https://www.beaconenergyplc.com/media-centre/news/#alerts

PDMR Disclosure

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                                         Peter Appel 
     --------------------------------  ---------------------------------------- 
 2.   Reason for the notification 
     -------------------------------------------------------------------------- 
 a.   Position/status                         Managing Director Rhein Petroleum 
                                               GmbH, a wholly owned subsidiary 
                                               of Beacon Energy plc 
     --------------------------------  ---------------------------------------- 
 b.   Initial notification/Amendment    Initial Notification 
     --------------------------------  ---------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a.   Name                              Beacon Energy plc 
     --------------------------------  ---------------------------------------- 
 b.   LEI                               213800TZWOYU7UFZ5V63 
     --------------------------------  ---------------------------------------- 
 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 no par 
       instrument, type of instrument    value 
       Identification code               M00BKSCP798 
     --------------------------------  ---------------------------------------- 
 b.   Nature of the transaction         Purchase of Ordinary Shares 
     --------------------------------  ---------------------------------------- 
 c.   Price(s) and volume(s)              Price/share    Volume (s) 
                                           0.10 pence 
                                            purchase      8,000,000 
                                                         ----------- 
     --------------------------------  ---------------------------------------- 
 d.        Aggregated information 
             *    Aggregated volume       N/A 
 
 
             *    Price 
     --------------------------------  ---------------------------------------- 
 e.   Date of the transactions          30 June 2023 
     --------------------------------  ---------------------------------------- 
 f.   Place of the transactions         AIM, London Stock Exchange 
     --------------------------------  ----------------------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHRIMLTMTAMMAJ

(END) Dow Jones Newswires

July 04, 2023 05:58 ET (09:58 GMT)

Beacon Energy (LSE:BCE)
Historical Stock Chart
From Sep 2024 to Oct 2024