Caspian Sunrise plc Directors Dealings and Salary & Fee Sacrifices (9999S)
July 14 2020 - 12:02PM
UK Regulatory
TIDMCASP
RNS Number : 9999S
Caspian Sunrise plc
14 July 2020
Capitalised terms have the same meaning as the Company's
announcement released on 08/07/2020 unless the context
dictates.
Caspian Sunrise PLC
("Caspian Sunrise" or the "Company")
Directors dealings and salary & fee sacrifices
Further to the Company's announcement Wednesday 8(th) July 2020,
Caspian Sunrise has received confirmation that the 3,750,000
ordinary shares due to Kuat Oraziman in lieu of pay, (as outlined
in such announcement), can be issued.
Shares in issue
Further to the announcement of Wednesday 8(th) July 2020,
application will made to London Stock Exchange for the total
8,938,570 Consideration Shares to be admitted to trading on AIM
("Admission") and dealings in the new ordinary shares are expected
to commence on or around 20 July 2020. The Consideration Shares
will, when issued, rank pari passu in all respects, and carry the
same rights as the existing Ordinary Shares. Following Admission
the total number of ordinary shares in issue will be 1,891,599,455.
This figure of 1,891,599,455 ordinary shares may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of
the Company under the FCA's Disclosure and Transparency Rules.
Caspian Sunrise PLC
Clive Carver
Executive Chairman +7 727 375 0202
WH Ireland, Nominated Adviser & Broker
James Joyce +44 (0) 207 220 1666
James Sinclair-Ford
This announcement has been posted to:
www.caspiansunrise.com/investors
The information contained within this announcement is deemed by
the Company to constitute inside information under the Market Abuse
Regulation (EU) No. 596/2014.
The below notification made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Kuat Oraziman
-------------------------------------- ----------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------------------- ----------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Caspian Sunrise PLC
-------------------------------------- ----------------------------------
b) LEI 213800ODCON58VWIRS18
-------------------------------------- ----------------------------------
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 Ordinary Shares of 1p each
financial instrument,
type of instrument
Identification code GB00B1W0VW36
b) Nature of the transaction Subscription in lieu of pay
-------------------------------------- ----------------------------------
c) Price(s) and volume(s)
Price(s) Volume(s)
Purchase 3.2 pence 3,750,000
Transfer Purchase
-------------------------------------------------------- --------------
d) Aggregated information
- Aggregated volume 3,750,000
- Aggregated Price GBP120,000
e) Date of the transaction 14 July 2020
-------------------------------------- ----------------------------------
f) Place of the transaction Off 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.
END
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