PROSPEX ENERGY PLC

Director's Dealing • Aug 31, 2021

National Storage Mechanism | Additional information

RNS Number : 1053K

Prospex Energy PLC

31 August 2021

Prospex Energy Plc / Index: AIM / Epic: PXEN / Sector: Oil and Gas

31 August 2021

Prospex Energy Plc

('Prospex' or the 'Company')

Director/PDMR Notification

Prospex Energy Plc, the AIM quoted investment company focused on European gas and power projects, announces that Alasdair Buchanan, a Non-Executive Director of the Company, purchased 1,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") on 27 August 2021 at a price of 3.0 pence per Ordinary Share.

Following the above-mentioned purchase, Mr Buchanan is interested in 1,000,000 Ordinary Shares, representing approximately 0.625 per cent. of the Company's issued share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

* * ENDS * *

For further information visit www.prospex.energy or contact the following:

Mark Routh	Prospex Energy Plc	Tel: +44 (0) 20 7236 1177
Rory Murphy Ritchie Balmer	Strand Hanson Limited	Tel: +44 (0) 20 7409 3494
Colin Rowbury Jon Belliss	Novum Securities Limited	Tel: +44 (0) 20 7399 9427
Duncan Vasey	Peterhouse Capital Limited	Tel: +44 (0) 20 7469 0932
Frank Buhagiar	St Brides Partners Ltd	Tel: +44 (0) 20 7236 1177

PDMR Notification

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alasdair Buchanan

2.

Reason for the Notification

a)

Position/status

Director

b)

Initial notification/amendment

Initial notification

3.

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

a)

Name

Prospex Energy Plc

b)

LEI

213800NY9RH8O1B72D27

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 0.1p each in the share capital of the Prospex Energy plc

Identification code

GB00BMFZVZ53

b)

Nature of the Transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
3.0 pence	1,000,000

d)

Aggregated information

Aggregated volume Price

1,000,000

3.0 pence

e)

Date of the transaction

27 August 2021

f)

Place of the transaction

AIM

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