Sound Energy PLC Director/PDMR Shareholding (4990K)
July 07 2017 - 10:44AM
UK Regulatory
TIDMSOU
RNS Number : 4990K
Sound Energy PLC
07 July 2017
7 July 2017
Sound Energy plc
("Sound Energy" or the "Company")
Director/PDMR Shareholding
Sound Energy, the Moroccan and European focused upstream gas
company, announces that it has been notified that Greenberry plc
("Greenberry") has today purchased 200,000 ordinary shares in the
Company ("Ordinary Shares") at a price of 51.308 pence per Ordinary
Share.
As a result of this purchase of Ordinary Shares, Continental and
its affiliates are interested in a total of 67,417,162 Ordinary
Shares, representing 9.22% of the Company's issued ordinary share
capital.
Marco Fumagalli, a director of the Company, is Managing Partner
of, and a 25% shareholder in, Continental Investment Partners SA
("Continental"). Greenberry is an affiliate of Continental by
virtue of its common ownership.
For further information please contact:
Vigo Communications - PR Tel: +44 (0)20 7830
Adviser 9700
Patrick d'Ancona
Chris McMahon
Alexandra Roper
Sound Energy j.parsons@soundenergyplc.com
James Parsons, Chief Executive
Officer
Smith & Williamson - Nominated Tel: +44 (0)20 7131
Adviser 4000
Azhic Basirov
David Jones
Ben Jeynes
RBC Capital Markets - Broker Tel: +44 (0)20 7653
Matthew Coakes 4000
Martin Copeland
Laura White
The notification below, made in accordance with the requirements
of the Market Abuse Regulation, provides further detail.
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 Greenberry plc
---- -------------------------------- ------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------
a) Position/status
Notification concerns
a PCA, being a legal
person the managerial
responsibilities of
which are discharged
by Marco Fumagalli,
a PDMR (Non-Executive
Director of Sound 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 Sound Energy plc
---- -------------------------------- ------------------------------
b) LEI -
---- -------------------------------- ------------------------------
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 1p
instrument, type of each
instrument
---- -------------------------------- ------------------------------
Identification code GB00B90XFF12
---- -------------------------------- ------------------------------
b) Nature of the transaction Purchase of ordinary
shares
---- -------------------------------- ------------------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
---- -------------------------------- ---------------- ------------
GBP0.51308 200,000
------------------------------------------------------ ------------
d) Aggregated information N/A (single transaction)
---- -------------------------------- ------------------------------
Aggregated volume
-------------------------------------------------- -----------------
Price
-------------------------------------------------- -----------------
e) Date of the transaction 7 July 2017
---- -------------------------------- ------------------------------
f) Place of the transaction London Stock Exchange
(XLON)
---- -------------------------------- ------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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