Trinity Exploration & Production Director/PDMR Shareholding (1872S)
July 12 2022 - 6:37AM
UK Regulatory
TIDMTRIN
RNS Number : 1872S
Trinity Exploration & Production
12 July 2022
Trinity Exploration & Production plc
('Trinity' or the 'Company' or the 'Group')
Director / PDMR Dealings
Trinity Exploration & Production plc (AIM: TRIN), the
independent E&P company focused on Trinidad and Tobago,
announces that on 11 July 2022, Jeremy Bridglalsingh , purchased
16,299 shares in the Company at a price of GBP0.9348 per share.
Following this transaction, Mr Bridglalsingh is interested in
69,135 Ordinary shares in the Company representing 0.178 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 Jeremy Bridglalsingh
---------------------------------------------------------- --------------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------------------------------------- --------------------------------------------------
b) Initial notification/Amendment Initial notification
---------------------------------------------------------- --------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------------------------------------------
a) Name Trinity Exploration & Production plc
---------------------------------------------------------- --------------------------------------------------
b) LEI 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 Ordinary shares of USD 0.01 per share par value
instrument
GB00B8JG4R91
Identification code
---------------------------------------------------------- --------------------------------------------------
b) Nature of the transaction Purchase
---------------------------------------------------------- --------------------------------------------------
c) Currency GBP
---------------------------------------------------------- --------------------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
GBP0.9348 16,299
----------
---------------------------------------------------------- --------------------------------------------------
e ) Aggregated information
- Aggregated volume
- Aggregated price 16,299
- Aggregated total
GBP0.9348
GBP15,236.31
---------------------------------------------------------- --------------------------------------------------
f ) Date of the transaction 11 July 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."
Trinity is quoted on the AIM market of the London Stock Exchange
under the ticker TRIN.
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