Director's Dealing • Jul 16, 2018
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 7071U
Trinity Exploration & Production
16 July 2018
16 July 2018
Trinity Exploration & Production plc
("Trinity" or the "Company")
Director/PDMR shareholdings
Trinity (AIM: TRIN), the leading independent E&P company focused on Trinidad and Tobago, announces that as part of the recent $20 million fundraising (the "Fundraising") announced on 25 June 2018, certain Directors and their connected parties participated in the Subscription, which formed part of the Fundraising.
Further details of the Directors' subscriptions, and the subsequent shareholdings of the Directors and the David and Christina Segel Living Trust, are set out in the table below:
| Director | Number of existing Ordinary Shares | Number of Subscription Shares subscribed for pursuant to the Subscription | Total Ordinary Shares held immediately following Admission | % of Enlarged Share Capital immediately following the Fundraising |
| Bruce Dingwall | 12,215,498 | 1,270,616 | 13,486,114 | 3.51% |
| Jeremy Bridglalsingh | 80,000 | 127,062 | 207,062 | 0.05% |
| Angus Winther | 23,065,178 | 6,610,466 | 29,675,644 | 7.73% |
| James Menzies | 675,000 | 300,000 | 975,000 | 0.25% |
| David and Christina Segel Living Trust | 33,917,256 | 6,610,466 | 40,527,722 | 10.55% |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Bruce Dingwall | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Chairman | |||
| 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 instrument | Ordinary shares of USD 0.01 per share par value | |||
| Identification code | GB00B8JG4R91 | ||||
| b) | Nature of the transaction | Subscription | |||
| c) | Price(s) and volume(s) | ||||
| Date purchased | Price(s) | Volume(s) | |||
| 12 July 2018 | 15p | 1,270,616 | |||
| d) | Aggregated information | ||||
| - Aggregated volume | 1,270,616 Ordinary shares | ||||
| - Price | 15p per Ordinary share | ||||
| e) | Date of the transaction | 12 July 2018 | |||
| f) | Place of the transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Jeremy Bridglalsingh | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial 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 instrument | Ordinary shares of USD 0.01 per share par value | |||
| Identification code | GB00B8JG4R91 | ||||
| b) | Nature of the transaction | Subscription | |||
| c) | Price(s) and volume(s) | ||||
| Date purchased | Price(s) | Volume(s) | |||
| 12 July 2018 | 15p | 127,062 | |||
| d) | Aggregated information | ||||
| - Aggregated volume | 127,062 Ordinary shares | ||||
| - Price | 15 pence per share | ||||
| e) | Date of the transaction | 12 July 2018 | |||
| f) | Place of the transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | James Menzies | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Non-Executive Director | |||
| 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 instrument | Ordinary shares of USD 0.01 per share par value | |||
| Identification code | GB00B8JG4R91 | ||||
| b) | Nature of the transaction | Subscription | |||
| c) | Price(s) and volume(s) | ||||
| Date purchased | Price(s) | Volume(s) | |||
| 12 July 2018 | 15p | 300,000 | |||
| d) | Aggregated information | ||||
| - Aggregated volume | 300,000 Ordinary shares | ||||
| - Price | 15p per Ordinary share | ||||
| e) | Date of the transaction | 12 July 2018 | |||
| f) | Place of the transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Angus Winther | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Non-Executive Director | |||
| 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 instrument | Ordinary shares of USD 0.01 per share par value | |||
| Identification code | GB00B8JG4R91 | ||||
| b) | Nature of the transaction | Subscription | |||
| c) | Price(s) and volume(s) | ||||
| Date purchased | Price(s) | Volume(s) | |||
| 12 July 2018 | 15p | 6,610,466 | |||
| d) | Aggregated information | ||||
| - Aggregated volume | 6,610,466 Ordinary shares | ||||
| - Price | 15p per Ordinary share | ||||
| e) | Date of the transaction | 12 July 2018 | |||
| f) | Place of the transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | David Segel (David and Christina Segel Living Trust) | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Non-Executive Director | |||
| 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 instrument | Ordinary shares of USD 0.01 per share par value | |||
| Identification code | GB00B8JG4R91 | ||||
| b) | Nature of the transaction | Subscription | |||
| c) | Price(s) and volume(s) | ||||
| Date purchased | Price(s) | Volume(s) | |||
| 12 July 2018 | 15p | 6,610,466 | |||
| d) | Aggregated information | ||||
| - Aggregated volume | 6,610,466 Ordinary shares | ||||
| - Price | 15p a share | ||||
| e) | Date of the transaction | 12 July 2018 | |||
| f) | Place of the transaction | London Stock Exchange, AIM |
For further information please visit: www.trinityexploration.com or contact:
| Trinity Exploration & Production plc | +44 (0)131 240 3860 |
| Bruce Dingwall CBE, Executive Chairman Jeremy Bridglalsingh, Chief Financial Officer Tracy Mackenzie, Corporate Development Manager |
|
| SPARK Advisory Partners Limited (Nominated Adviser and Financial Adviser) | +44 (0)20 3368 3550 |
| Mark Brady Miriam Greenwood Andrew Emmott |
|
| Cenkos Securities PLC (Broker) | |
| Joe Nally (Corporate Broking) Neil McDonald Beth McKiernan Derrick Lee |
+44 (0)20 7397 8900 +44 (0)131 220 6939 |
| Whitman Howard Limited (Equity Adviser) | +44 (0)20 7659 1234 |
| Hugh Rich | |
| Nick Lovering | |
| Walbrook PR Limited | +44 (0)20 7933 8780 |
| Nick Rome | [email protected] |
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 [email protected] or visit www.rns.com.
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