AFENTRA PLC

Transaction in Own Shares • May 20, 2025

National Storage Mechanism | Additional information

RNS Number : 4095J

Afentra PLC

20 May 2025

20 May 2025

AFENTRA PLC

DIRECTOR / PDMR DEALINGS

Afentra plc ('Afentra' or the 'Company'), the upstream oil and gas Company listed on the AIM market of the London Stock Exchange, announces that it has received notification that persons discharging managerial responsibilities and persons closely associated with them have undertaken transactions in order to transfer ordinary shares of £0.10 each in the Company ("Ordinary Shares") into ISA and trading accounts.  

The details of the relevant transactions are as follows:

·      Ian Cloke has sold 103,158 Ordinary Shares and purchased 49,732 Ordinary Shares into his ISA and 2,937 into his trading account

·      Elizabeth Bingham, wife and person closely associated with Ian Cloke, has purchased 48,694 Ordinary Shares into her ISA.

As a result, and following the transactions, the total aggregate shareholding in the Company of Ian Cloke and persons closely associated with him comprises 3,923,749 Ordinary Shares representing approximately 1.74% of the Company's issued share capital. This represents no material change to such total aggregate shareholding prior to the transactions above.

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Ian Cloke

2.         

Reason for the notification

a.         

Position/status

Chief Operating Officer

b.         

Initial notification/Amendment

Initial Notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

Afentra plc

b.         

LEI

21380028BFDFJK8BRX92

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

Identification code

Ordinary shares of £0.10 per share par value

GB00B4X3Q493

b.         

Nature of the transaction

Sale of Shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
39.57	103,158

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
39.57pence sold	103,158	£40,820.96

e.         

Date of the transaction

16th May 2025

f.         

Place of the transaction

XLON

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Ian Cloke

2.         

Reason for the notification

a.         

Position/status

Chief Operating Officer

b.         

Initial notification/Amendment

Initial Notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

Afentra plc

b.         

LEI

21380028BFDFJK8BRX92

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

Identification code

Ordinary shares of £0.10 per share par value

GB00B4X3Q493

b.         

Nature of the transaction

Purchase of Ordinary shares into trading account

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
40.71	2,937

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
40.71 pence purchased	2,937	£1,195.68

e.         

Date of the transaction

16th May 2025

f.         

Place of the transaction

XLON

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Ian Cloke

2.         

Reason for the notification

a.         

Position/status

Chief Operating Officer

b.         

Initial notification/Amendment

Initial Notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

Afentra plc

b.         

LEI

21380028BFDFJK8BRX92

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

Identification code

Ordinary shares of £0.10 per share par value

GB00B4X3Q493

b.         

Nature of the transaction

Purchase of Ordinary shares into ISA account

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
40.02	49,732

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
40.02 pence purchased	49,732	£19,990.37

e.         

Date of the transaction

16th May 2025

f.         

Place of the transaction

XLON

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Elizabeth Bingham

2.         

Reason for the notification

a.         

Position/status

Person closely associated with Ian Cloke, Chief Operating Officer of the Company

b.         

Initial notification/Amendment

Initial Notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

Afentra plc

b.         

LEI

21380028BFDFJK8BRX92

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

Identification code

Ordinary shares of £0.10 per share par value

GB00B4X3Q493

b.         

Nature of the transaction

Purchase of Ordinary shares into ISA account

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
40.23	48,694

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
40.23 pence purchased	48,694	£19590.38

e.         

Date of the transaction

16th May 2025

f.         

Place of the transaction

XOFF

For further information contact:

Afentra plc +44 (0)20 7405 4133

Paul McDade, CEO

Anastasia Deulina, CFO

Christine Wootliff, Investor Relations

Burson Buchanan (Financial PR) +44 (0)20 7466 5000

Ben Romney

Barry Archer

George Pope

Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker) +44 (0) 20 7710 7600

Callum Stewart

Simon Mensley

Ashton Clanfield

Tennyson Securities (Joint Broker) +44 (0)20 7186 9033

Peter Krens

About Afentra

Afentra plc (AIM: AET) is an upstream oil and gas company focused on opportunities in Africa. The Company's purpose is to support a responsible energy transition in Africa by establishing itself as a credible partner for divesting IOCs and Host Governments. Offshore, Angola Afentra has a 30% non-operated interest in the producing Block 3/05 and a 21.33% non-operated interest in the adjacent development Block 3/05A in the Lower Congo Basin and a 40% non-operating interest in the exploration Block 23 in the Kwanza Basin. Onshore, Angola Afentra has a 45% non-operated interest in the prospective Blocks KON15 & KON19 located in the western part of the onshore Kwanza basin. Afentra also has a 34% carried interest in the Odewayne Block onshore southwestern Somaliland. 

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