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CORO ENERGY PLC

Director's Dealing Feb 18, 2019

7579_dirs_2019-02-18_2b191407-1e53-4f6b-ba05-805c5670e9e2.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 4086Q

Coro Energy PLC

18 February 2019

18 February 2019

Coro Energy plc

("Coro Energy" or the "Company")

Director/PDMR Shareholdings

Coro Energy plc, the pan Euro-Asian gas explorer and producer, announces that James Menzies, Chief Executive Officer of Coro Energy, has today purchased 1,000,000 Ordinary Shares in the Company at an average price of 2.184p. Following this purchase of Ordinary Shares, James Menzies' shareholding in the Company amounts to 3,850,393 Ordinary Shares, equal to 0.54 per cent. of the issued share capital of the Company. 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

Coro Energy plc

James Menzies, Chief Executive Officer

Andrew Dennan, Chief Financial Officer
Tel: 44 (0)20 3965 7917
Grant Thornton UK LLP (Financial and Nominated Adviser)

Colin Aaronson/Jen Clarke/Harrison J Clarke
Tel: +44 (0)20 383 5100
Mirabaud Securities Ltd (Joint Broker) Tel: 44 (0)20 3167 7221
Peter Krens/Ed Haig-Thomas
Turner Pope Investments (TPI) Ltd (Broker)

Ben Turner/James Pope
Tel: +44 (0)20 3621 4120

[email protected]

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Menzies

2

Reason for the notification

a)

Position/status

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

Coro Energy Plc

b)

LEI

2138004JXMD9YXLMKS49

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  0.1 pence each

Identification code

GB00BDCFP425

b)

Nature of the transaction

Acquisition

c)

Price(s) and volume(s)

Price(s) Volume(s)
2.225 pence 100,000
2.2102 pence 150,000
2.2 pence 250,000
2.175 pence 250,000
2.145 pence 250,000

d)

Aggregated information

- Aggregated volume

1,000,000

- Price

2.184 pence

e)

Date of the transaction

18/02/2019

f)

Place of the transaction

London Stock Exchange's AIM Market

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.

END

DSHUWABRKNAUAAR

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