Trinity Exploration & Production Director/PDMR Shareholding (8257B)
June 11 2019 - 5:57AM
UK Regulatory
TIDMTRIN
RNS Number : 8257B
Trinity Exploration & Production
11 June 2019
Trinity Exploration & Production plc
("Trinity" or 'the Group' or "the Company")
PDMR Dealings
Trinity Exploration & Production plc (AIM: TRIN), the
independent E&P company focused on Trinidad and Tobago,
announces that Nick Clayton, senior independent non-executive
director, purchased 100,000 shares in the Company at a price of
11.615p per share.
Following this transaction, Mr Clayton is interested in 100,000
Ordinary shares in the Company representing 0.026% per cent of the
issued share capital (voting rights), of the Company as per the
following table:
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Nick Clayton
2 Reason for the notification
a) Position/status Senior Independent Non-Executive Director
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Trinity Exploration & Production plc
b) Legal Entity Identifier 213800WHW7571LAEDG63
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 instrument, type of instrument Ordinary shares of USD 0.01 per share par value
Identification code GB00B8JG4R91
b) Nature of the transaction Purchase
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
GBP0.11615 100,000
e) Aggregated information 100,000
- Aggregated volume GBP11,615.00
- Aggregated price GBP11,615.00
- Aggregated total
f) Date of the transaction 11.06.2019
g) Place of the transaction London Stock Exchange, AIM
*-ends*-
Enquiries
For further information please visit www.trinityexploration.com
or contact:
Trinity Exploration & Production plc +44 (0)131 240 3860
Bruce Dingwall CBE, Executive Chairman
Jeremy Bridglalsingh, Chief Financial
Officer
Tracy Mackenzie, Corporate Development
Manager
SPARK Advisory Partners Limited (Nominated
Adviser and Financial Adviser) +44 (0)20 3368 3550
Mark Brady
Miriam Greenwood
Andrew Emmott
Cenkos Securities PLC (Broker)
Joe Nally (Corporate Broking)
Neil McDonald
Beth McKiernan
Derrick Lee +44 (0)20 7397 8900
Pete Lynch +44 (0)131 220 6939
Whitman Howard Limited (Equity Adviser) +44 (0)20 7659 1234
Nick Lovering
Hugh Rich
Walbrook PR Limited +44 (0)20 7933 8780
Nick Rome trinityexploration@walbrookpr.com
About Trinity (www.trinityexploration.com)
Trinity is an independent oil and gas exploration and production
company focused solely on Trinidad and Tobago. Trinity operates
producing and development assets both onshore and offshore, in the
shallow water West and East Coasts of Trinidad. Trinity's portfolio
includes current production, significant near-term production
growth opportunities from low risk developments and multiple
exploration prospects with the potential to deliver meaningful
reserves/resources growth. The Company operates all of its nine
licences and, across all of the Group's assets, management's
estimate of 2P reserves as at the end of 2018 was 24.5 mmbbls.
Group 2C contingent resources are estimated to be 18.8 mmbbls. The
Group's overall 2P plus 2C volumes are therefore 43.3 mmbbls.
Trinity is quoted on the AIM market of the London Stock Exchange
under the ticker TRIN.
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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