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ASCENT RESOURCES PLC

Director's Dealing Dec 13, 2021

7500_dirs_2021-12-13_de92b444-0545-4200-aff8-36f761dc73b3.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 4842V

Ascent Resources PLC

13 December 2021

13 December 2021

Ascent Resources plc

("Ascent" or the "Company")

Directors / PDMR Shareholdings

Ascent Resources Plc (LON: AST) the onshore Caribbean, Hispanic American and European energy and natural resources company, announces that the following share purchases were made today by Executive directors:

James Parsons, the Company's Executive Chairman, has purchased through his SIPP a total of 158,953 ordinary shares in the Company (80,108 ordinary shares at a price of 3.74p per share and 78,845 ordinary shares at a price of 3.7999p per share).

Following the acquisition Mr Parsons is now interested in 500,900 ordinary shares in the Company, representing 0.46 percent of the Company's issued ordinary share capital.

Andrew Dennan, the Company's Chief Executive Officer, has purchased a total of 240,000 ordinary shares in the Company (190,000 ordinary shares at a price of 3.749474p per share and 50,000 ordinary shares at a price of 3.8p per share).

Following the acquisition Mr Dennan is now interested in 2,140,000 ordinary shares in the Company, representing 1.96 percent of the Company's issued ordinary share capital

The notifications below, made in accordance with the requirements of the Market Absue regulations, provides further details.

Enquiries:

Ascent Resources plc

Andrew Dennan
Via Vigo Communications
WH Ireland, Nominated Adviser & Broker

James Joyce / Sarah Mather
0207 220 1666
Novum Securities, Joint Broker

John Belliss
0207 399 9400

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1 Details of the person discharging managerial responsibilities / person closely associated
Name James Parsons
2 Reason for the notification
a) Position/status PDMR (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 Ascent Resources plc
b) LEI 213800Q8R5GV7DLNEL37
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 £0.005 each
Identification code GB00BJVH7905
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volumes(s) Price(s) Volume(s)
£0.0374

£0.037999
80,108

78,845
d) Aggregated information
Aggregated volume 158,953
Price Aggregate: £5,992,07

Average: 0.03769712p
e) Date of the transaction 13 December 2021
f) Place of the transaction AIMX
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Andrew Dennan
2 Reason for the notification
a) Position/status PDMR (Chief Executive Officer)
b) Initial notification/Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Ascent Resources plc
b) LEI 213800Q8R5GV7DLNEL37
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 £0.005 each
Identification code GB00BJVH7905
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volumes(s) Price(s) Volume(s)
£0.03749474

£0.038
190,000

50,000
d) Aggregated information
Aggregated volume 240,000
Price Aggregate: £9,024.00

Average: 0.0376p
e) Date of the transaction 13 December 2021
f) Place of the transaction AIMX

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.

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.

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