TOWER RESOURCES PLC — Director's Dealing 2018

Oct 16, 2018

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)	Volume(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 2018
		16 October 2018
f)	Place of the transaction:	OSL

Enquiries: Wentworth	Bob McBean, Executive Chairman	rpm@wentworthresources.com
	Eskil Jersing, Chief Executive Officer	eskil.jersing@wentworthresources.com +44 7717 847623
	Katherine Roe, Chief Financial Officer	katherine.roe@wentworthresources.com +44 7841 087 230
Stifel Nicolaus Europe Limited	AIM Nominated Adviser and Broker (UK) Callum Stewart Ashton Clanfield	+44 (0) 20 7710 7600
Peel Hunt LLP	Broker (UK) Richard Crichton Ross Allister	+44 (0) 20 7418 8900
Vigo	Investor Relations Adviser (UK) Patrick d'Ancona Chris McMahon Kate Rogucheva	+44 (0) 20 7830 9700