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Energy SpA Director's Dealing 2022

Jul 27, 2022

4100_dirs_2022-07-27_a6688daf-7235-469d-9f65-ebc5d7083afb.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 9836T

Southern Energy Corp.

27 July 2022

DIRECTOR/PDMR DEALING

Calgary, Alberta - July 27, 2022 - Southern Energy Corp. ("Southern" or the "Company") (SOU: TSXV) (AIM:SOUC) announces the following purchase of common shares of no par value in the capital of the Company ("Common Shares").

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation (as applied to UK law), provides further detail on the applicable transaction.

1. Details of the person discharging managerial responsibilities / person closely associated
a) Name Steven Smith
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 Southern Energy Corp.
b) LEI 213800R25GL7J3EBJ698
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 Common Shares in Southern Energy Corp.
Identification code CA8428131059
b) Nature of the transaction Purchase of Common Shares
c) Price(s) and volume(s) 125,000 common shares at a price of CAD0.858 per share
d) Aggregated information N/A
e) Date of the transaction 26 July 2022
f) Place of the transaction Outside of a trading venue

For further information, please contact:

Southern Energy Corp.

Ian Atkinson (President and CEO)

Calvin Yau (CFO)
+1 587 287 5401

+1 587 287 5402
Strand Hanson Limited - Nominated & Financial Adviser

James Spinney / James Bellman 

Hannam & Partners - Joint Broker

Samuel Merlin / Ernest Bell

Canaccord Genuity - Joint Broker

Henry Fitzgerald-O'Connor / James Asensio
+44 (0) 20 7409 3494

+44 (0) 20 7907 8500

+44 (0) 20 7523 8000
Camarco

James Crothers / Billy Clegg / Hugo Liddy
+44 (0) 20 3757 4980

About Southern Energy Corp.

Southern Energy Corp. is a natural gas exploration and production company. Southern has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. Our management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques.

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