AFENTRA PLC

Director's Dealing • Aug 18, 2022

National Storage Mechanism | Additional information

RNS Number : 4918W

Afentra PLC

18 August 2022

18 August 2022

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 was notified on 17 August 2022 that Ian Cloke and Elizabeth Bingham, a person closely associated with him, have together purchased a total of 143,277 ordinary shares of £0.10 each in the Company ("Ordinary Shares"), comprising 48,110 Ordinary Shares at a price of 26.885 pence per share, 49,610 Ordinary Shares at a price of 26.20 pence per share and 45,557 Ordinary Shares at a price of 28.593 pence per share.

As a result the total shareholding in the Company of Ian Cloke and persons closely associated with him comprises 2,063,832 Ordinary Shares, representing approximately 0.94% of the Company's issued share capital.

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

Acquisition of Ordinary Shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
26.885p	37,000

d.         

Aggregated information

·Aggregated volume

·Price

37,000

26.885p

e.         

Date of the transaction

16 August 2022

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 (PDMR)

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

Acquisition of Ordinary Shares

c.         

Price(s) and volume(s)

Price(s)	Volume(s)
i) 26.885p ii) 26.200p iii) 28.593p	11,110 49,610 45,557

d.         

Aggregated information

·Aggregated volume

·Price

106,277

27.297p

e.         

Date of the transaction

i) 16 August 2022

ii,iii) 17 August 2022

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 Jon Krinks
Peel Hunt LLP (Nominated Advisor and Joint Broker)  +44 (0)20 7418 8900 Richard Crichton Paul Gillam David McKeown
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 a current carried interest in the Odewayne Block onshore southwestern Somaliland.

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