Energy SpA — Director's Dealing 2017

Jul 28, 2017

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RNS Number : 3142M

SDX Energy Inc.

28 July 2017

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY SDX TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

28 July 2017

SDX ENERGY INC.

("SDX" or the "Company")

PDMR Dealing

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company was notified that;

·     David Mitchell, Non-executive Director purchased 10,000 Common Shares of SDX Energy Inc. on July 26, 2017

Notification Form               

1

Details of PDMR / person closely associated with them ("PCA")

(a)

Name

David Mitchell

(b)

Position/status

Non-Executive Director

(c)

Initial notification/amendment

Initial

2

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

Common Shares of SDX Energy Inc

(b)

Nature of the transaction

Purchase of Shares

(c)

Price(s) and volume(s)

Price(s)	Volume(s)
CAD 0.7200	10,000

(d)

Aggregated information

Aggregated volume

Price

10,000 Shares

CAD 0.7200

(e)

Date of the transaction

2017-07-26

(f)

Place of the transaction

Toronto Stock Exchange - TSXV (XTSX)

About SDX

SDX is an international oil and gas exploration, production and development company, headquartered in London, England, UK, with a principal focus on North Africa. In Egypt, SDX has a working interest in two producing assets (50% North West Gemsa & 50% Meseda) located onshore in the Eastern Desert, adjacent to the Gulf of Suez. It also has a 55% operated working interest in the South Disouq concession, located in the Nile Delta, where a gas discovery was made by the SD-1X well in 2017.  In Morocco, SDX has a 75% working interest in the Sebou concession situated in the Rharb Basin. These producing assets are characterised by exceptionally low operating costs making them particularly resilient in a low oil price environment. SDX's portfolio also includes high impact exploration opportunities in both Egypt and Morocco.

For further information, please see the website of the Company at www.sdxenergy.com or the Company's filed documents at www.sedar.com.  

For further information:

SDX Energy Inc. Paul Welch President and Chief Executive Officer Tel: +44 203 219 5640	Mark Reid Chief Financial Officer Tel: +44 203 219 5640
Cantor Fitzgerald Europe (Nominated Adviser & Joint Broker) Sarah Wharry/Craig Francis Tel: +44 207 7894 7000
GMP FirstEnergy (Joint Broker) Jonathan Wright/David van Erp Tel: +44 207 448 0200
Celicourt (PR) Mark Antelme/Jimmy Lea Tel: +44 207 520 9260

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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