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TOWER RESOURCES PLC — Director's Dealing 2018
Oct 16, 2018
7980_dirs_2018-10-16_67f0a62e-c023-45c7-b9a2-29b43936e57d.html
Director's Dealing
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Wentworth Resources Limited : Notification of Trade / Disclosure of Large Shareholding / Director Dealings
Wentworth Resources Limited : Notification of Trade / Disclosure of Large Shareholding / Director Dealings
Wentworth Resources Limited
Notification of Trade / Disclosure of Large Shareholding / Director Dealings
Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed
independent, East Africa-focused oil & gas company, has been notified of the
following transactions by a director of the Company:
Mr. Robert Phillip McBean, Executive Chairman of the Company, has acquired in
total 389,430 Common shares of no par value in the Company ("Common Shares") on
the dates, with the volumes and at the prices further detailed in the below
table (together the "Transactions"). The Transactions were carried out on the
Oslo Stock Exchange.
Following the Transactions, Mr. McBean has an interest in 9,494,815 Common
Shares and votes in the Company, representing 5.09 per cent of the Company's
issued share capital and votes. Mr. McBean's ownership passed 5 per cent of the
Company's issued share capital and votes on 15 October 2018. In addition, Mr.
McBean holds 1,900,000 share options in the Company per 16 October 2018.
1. Details of the person discharging managerial responsibilities/ person
closely associated
a) Name: Robert Phillip McBean
2. Reason for the notification
a) Position/status: 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: Wentworth Resources Limited
b) LEI: 213800IW2LNKOYYG7412
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
of no par value in Wentworth Resources Limited
Identification code: ISIN CA9506771042
b) Nature of the transaction: Purchase of Common shares of no par value in
Wentworth Resources Limited
c) Price(s) and volume(s)
+------------+------------+-----------------+
| Price(s) | Volumes(s) | Date |
+------------+------------+-----------------+
| | | |
| 2.0582 NOK | 174,665 | 12 October 2018 |
+------------+------------+-----------------+
| | | |
| 2.2392 NOK | 91,567 | 15 October 2018 |
+------------+------------+-----------------+
| | | |
| 2.3488 NOK | 123,198 | 16 October 2018 |
+------------+------------+-----------------+
d) Aggregated information
* Aggregated volume: 389,430
* Price: 2.1927 NOK
e) Date of the transaction: 12 October 2018, 15 October and 16 October 2018
f) Place of the transaction: OSL
-Ends-
Enquiries: Bob McBean, [email protected]
Wentworth Executive Chairman
Eskil Jersing,
Chief Executive [email protected]
Officer +44 7717 847623
Katherine Roe, [email protected]
Chief Financial +44 7841 087 230
Officer
Stifel Nicolaus AIM Nominated +44 (0) 20 7710 7600
Europe Limited Adviser and Broker
(UK)
Callum Stewart
Ashton Clanfield
Peel Hunt LLP Broker (UK) +44 (0) 20 7418 8900
Richard Crichton
Ross Allister
Vigo Investor Relations +44 (0) 20 7830 9700
Adviser (UK)
Patrick d'Ancona
Chris McMahon
Kate Rogucheva
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.