Faroe Petroleum PLC Notification of Directors? interests (7085M)
May 01 2018 - 4:45AM
UK Regulatory
TIDMFPM
RNS Number : 7085M
Faroe Petroleum PLC
01 May 2018
01 May 2018
Faroe Petroleum plc
("Faroe Petroleum" or the "Company")
Notification of Directors' interests
On 27 April 2018, Mr Brent Cheshire, the Senior Non-Executive
Director of the Company acquired 15,000 ordinary shares of 10 pence
each in the share capital of the Company ("Ordinary Shares") at a
price of GBP1.305 per share.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
(Disclosure in relation to purchase of shares)
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Brent Cheshire
------------------------------------- ----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------
a) Position/status Non-Executive
------------------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a) Name Faroe Petroleum plc
------------------------------------- ----------------------------------------
b) LEI 213800RE18GVZGNYB270
------------------------------------- ----------------------------------------
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 15,000 Ordinary Shares of 10p each in
financial instrument, Faroe Petroleum plc.
type of instrument
Identification code
ISIN: GB0033032904
------------------------------------- ----------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
------------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------- ------------------- -------------------
130.50p 15,000
------------------------------------------- ------------------- -------------------
d) Aggregated information 15,000 Ordinary Shares of 10p each in
Faroe Petroleum plc.
------------------------------------- ----------------------------------------
e) Date of the transaction 27 April 2018
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f) Place of the transaction XLON
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- Ends -
For further information please contact:
Faroe Petroleum plc Tel: +44 1224 650 920
Graham Stewart, CEO
Stifel Nicolaus Europe Limited Tel: +44 207 710 7600
Callum Stewart /Nicholas Rhodes/Ashton
Clanfield
BMO Capital Markets Tel: +44 207 236 1010
Neil Haycock / Tom Rider /
Jeremy Low
FTI Consulting Tel: +44 207 831 3113
Edward Westropp/Emerson Clarke
The information contained within this announcement is considered
to be inside information prior to its release, as defined in
Article 7 of the Market Abuse Regulation No. 596/2014, and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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