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TOWER RESOURCES PLC — Director's Dealing 2018
Oct 8, 2018
7980_dirs_2018-10-08_2c148c55-1933-4da2-a33f-aa2c129677d1.pdf
Director's Dealing
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Wentworth Resources Limited ("Wentworth" or the "Company")
Notification of Trade / Director Dealings
Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, was notified on the 5 October 2018 of the following transactions by a director of the Company:
On 4 October 2018 and 5 October 2018, Mr. Iain McLaren, Proposed Non-Executive Director of the Company, acquired 100,000 common shares of no par value in the Company ("Common Shares") at a price of 23.23p per Common Share. Following the acquisition, Mr. McLaren has an interest in 100,000 Common Shares representing 0.05 percent of the Company's issued share capital.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
|---|---|---|---|
| a) | Name: | Iain Archibald McLaren | |
| 2. | Reason for the notification | ||
| a) | Position/status: | Proposed Non-executive Director | |
| 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 | |||
| 23p | 30,000 | 4 October 2018 |
|||
| 23.4167p | 40,000 | 5 October 2018 |
|||
| 23.2222p | 30,000 | 5 October 2018 |
|||
| d) | Aggregated information: | ||||
| · Aggregated volume: | 100,000 | ||||
| · Price: | 23.23334p | ||||
| e) | Date of the transaction: | 4 October 2018 and 5 October 2018 |
|||
| f) | Place of the transaction: | XLON |
-Ends-
Enquiries: Wentworth Bob McBean, Executive Chairman Eskil Jersing, Chief Executive Officer Katherine Roe, Chief Financial Officer [email protected] [email protected] +44 7717 847623 [email protected] +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 |
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.