Trinity Exploration & Production Director/PDMR Shareholding (8076Q)

TIDMTRIN

RNS Number : 8076Q

Trinity Exploration & Production

30 June 2022

Trinity Exploration & Production plc

("Trinity" or 'the Group' or "the Company")

Director / PDMR Dealings

Trinity Exploration & Production plc (AIM: TRIN ), the independent E&P company focused on Trinidad and Tobago, announces that on 29 June 2022, Nicholas Clayton , Non-Executive Chairman, purchased 20,000 shares in the Company at a price of GBP1.0240 per share.

Following this transaction, Mr Clayton is interested in 30,000 Ordinary shares in the Company representing 0.077 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                                                           Nicholas Clayton 
2    Reason for the notification 
a)   Position/status                                                Non-Executive Chairman 
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) 
  GBP1.0240                                                                                     20,000 
e)   Aggregated information 
      - Aggregated volume                                             20,000 
      - Aggregated price                                              GBP1.0240 
      - Aggregated total                                              GBP20,480 
f)   Date of the transaction                                        29.06.2022 
g)   Place of the transaction                                       London Stock Exchange, AIM

Enquiries:

 
Trinity Exploration & Production plc            Via Walbrook 
 Nick Clayton, Non- Executive Chairman 
 Jeremy Bridglalsingh, Chief Executive Officer 
SPARK Advisory Partners Limited ( Nominated     Tel: +44 (0)20 3368 
 Adviser and Financial Adviser)                  3550 
 Mark Brady 
 James Keeshan 
Cenkos Securities PLC (Broker)                  Tel: +44 (0)20 7397 
 Leif Powis                                      8900 
 Neil McDonald                                   +44(0)131 220 6939 
Walbrook PR Limited                                            Tel: +44 (0)20 7933 
 Nick Rome /Tom Cooper                                                        8780 
                                                 trinityexploration@walbrookpr.com

About Trinity (www.trinityexploration.com)

Trinity is an independent oil 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 ten licences and, across all of the Group's assets, management's estimate of the Group's 2P reserves as at the end of 2021 was 19.73 mmbbls. Group 2C contingent resources are estimated to be 47.22 mmbbls. The Group's overall 2P plus 2C volumes are therefore 66.95 mmbbls.

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June 30, 2022 04:27 ET (08:27 GMT)

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