AFENTRA PLC

Director's Dealing • Dec 14, 2023

National Storage Mechanism | Additional information

RNS Number : 8710W

Afentra PLC

14 December 2023

14 December 2023

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 of the following transactions in  ordinary shares of £0.10 each in the Company ("Ordinary Shares"), by persons discharging managerial responsibilities and persons closely associated with them:

Ian Cloke, Chief Operating Officer has transferred 555,069 Ordinary Shares to his wife, Elizabeth Bingham.

Ian Cloke has sold 617,190 Ordinary Shares and purchased 602,874 Ordinary Shares into his ISA

Elizabeth Bingham, wife and person closely associated with Ian Cloke, has sold 589,102 Ordinary Shares and purchased 601,594 Ordinary Shares into her ISA.

As a result, the total aggregate shareholding in the Company of Ian Cloke and persons closely associated with him comprises 2,126,185 Ordinary Shares, representing approximately 0.97% of the Company's issued share capital, representing no material change to such total aggregate shareholding from the previous position..

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

Transfer of shares to spouse

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	555,069

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
Nil	555,069	Nil

e.         

Date of the transaction

4 December 2023

f.         

Place of the transaction

XOFF

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)
30.35p	617190

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
30.35p	617,190	£187,317

e.         

Date of the transaction

4 December 2023

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)
32p	602874

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
32 p purchased	602874	£190,283.83

e.         

Date of the transaction

12 December 2023

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

Transfer of shares from Ian Cloke

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	555,069

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
Nil	555,069	Nil

e.         

Date of the transaction

4 December 2023

f.         

Place of the transaction

XOFF

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)
30.355 pence	601,594

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
30.35 pence purchased	601,594	182,613.85

e.         

Date of the transaction

4 December 2023

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

Sale of Ordinary shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
32 pence	555,069

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
32 pence	555,069	177,622.08

e.         

Date of the transaction

12 December 2023

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

Sale of Ordinary shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
30.74 pence	34,033

d.         

Aggregated information

·Aggregated volume

·Price

Price	Volume	Total
31.45 pence	34,033	10,462.42

e.         

Date of the transaction

13 December 2023

f.         

Place of the transaction

XLON

For further information, contact

Afentra plc  +44 (0)20 7405 4133  Paul McDade, CEO Anastasia Deulina, CFO
Buchanan (Financial PR) +44 (0)20 7466 5000 Ben Romney Barry Archer George Pope
Peel Hunt LLP (Nominated Advisor and Joint Broker)  +44 (0)20 7418 8900 Richard Crichton David McKeown Georgia Langoulant
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.  Afentra has 4% non-operated interests in the producing Block 3/05 and adjacent development Block 3/05A offshore Angola in the Lower Congo Basin.  Afentra has a current carried interest in the Odewayne Block onshore southwestern Somaliland.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBDBDDUXBDGXS