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STAR ENERGY GROUP PLC

Director's Dealing Nov 20, 2024

7931_rns_2024-11-20_4bce9d2d-d330-4c1f-89e4-793ee674f098.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 8380M

Star Energy Group PLC

20 November 2024

20 November 2024

Star Energy Group plc

("Star Energy" or the "Company")

Exercise of Options

Star Energy (AIM:STAR) announces that it has allotted 269,836 Ordinary Shares of 0.002p (the "New Ordinary Shares") to Ross Glover, Chief Executive Officer following the exercise of nil cost options in the Company. The New Ordinary Shares have been admitted to trading on AIM pursuant to the Company's existing block listing admission facility.

Following the exercise , Ross Glover sold 122,038 shares at a price of £0.08800 each to cover tax and national insurance liabilities, and his resultant holding is set out in the table below:

Executive Director No. of New Ordinary Shares Resultant Voting Rights % of Total Voting Rights
Ross Glover 147,798 446,628 0.34%

Total Voting Rights

The issued share capital of the Company following the above detailed issue of shares will be 129,983,995 Ordinary Shares; the number of deferred shares remains 303,305,534. The total number of voting rights in Star Energy will be 129,983,995 Ordinary Shares, which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Star Energy under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation:

1.

Details  of PDMR / person closely associated

a)

Name

(i)            Ross Glover

2.

Reason for the notification

a)

Position / status

(i)            Chief Executive Officer

b)

Initial notification /amendment

Initial notification

3.

Details of the issuer

a)

Name

Star Energy Group plc

b)

LEI

213800S8WP2L294NR559

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

Ordinary Shares of 0.002p each

b)

Identification code of the Financial Instrument

ISIN for Star Energy Group plc: GB00BZ042C28

c)

Nature of the transaction

Exercise of Options

d)

Price(s) and volume(s)

Price Volume
(i)            £nil 269,836

e)

Aggregated information

-       Aggregated volume

-       Price

N/A

f)

Date of the transaction

18 November 2024

g)

Place of the transaction

Outside a trading venue 

a)

Description of the financial instrument

Ordinary Shares of 0.002p each

b)

Identification code of the Financial Instrument

ISIN for Star Energy Group plc: GB00BZ042C28

c)

Nature of the transaction

Sale of shares to cover tax and national insurance liabilities

d)

Price(s) and volume(s)

Price Volume
(i)            £0.08800 122,038

e)

Aggregated information

-       Aggregated volume

-       Price

N/A

f)

Date of the transaction

18 November 2024

g)

Place of the transaction

London Stock Exchange, AIM

For further information please contact:

Star Energy Group plc

Ross Glover, Chief Executive Officer

Frances Ward, Chief Financial Officer
Tel: +44 (0) 207 993 9899
Zeus (Nominated Adviser & Broker)

Antonio Bossi, Alexandra Campbell-Harris (Investment Banking)

Simon Johnson (Corporate Broking)
Tel: +44 (0) 203 829 5000
Vigo Consulting

Patrick d'Ancona, Finlay Thomson, Kendall Hill
Tel: +44 (0) 207 597 5970

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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