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TRINITY EXPLORATION & PRODUCTION PLC

Director's Dealing Sep 25, 2017

7989_dirs_2017-09-25_27981cb8-15e3-4cd1-9871-428d1ba3182b.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 7343R

Trinity Exploration & Production

25 September 2017

Trinity Exploration & Production plc

("Trinity" or the "Company")

Director/PDMR shareholding

Trinity (AIM: TRIN), the leading independent E&P company focused on Trinidad and Tobago, announces that Angus Winther, Non-Executive Director, made the following share purchase:

Date purchased Price Volume(s)
25 September 2017 12.25p 408,163

Following this purchase, Mr Winther is interested in 23,065,178 Ordinary shares in the Company representing 8.16 per cent of the issued share capital (voting rights), of the Company as per the following table:

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Angus Winther
2 Reason for the notification
a) Position/status 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 Trinity Exploration & Production plc
b) LEI N/A
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 Ordinary shares of USD 0.01 per share par value
Identification code GB00B8JG4R91
b) Nature of the transaction Acquisition of shares
c) Price(s) and volume(s)
Date purchased Price(s) Volume(s)
25 September 2017 408,163 12.25p
d) Aggregated information
- Aggregated volume 408,163 shares acquired at 12.25p a share
- Price
e) Date of the transaction 25 Septermber 2017
f) Place of the transaction London Stock Exchange, AIM

For further information please visit: www.trinityexploration.com  or contact:

Trinity Exploration & Production

Bruce Dingwall, Executive Chairman

Jeremy Bridglalsingh, Chief Financial Officer
Tel: +44 (0) 131 240 3860
SPARK Advisory Partners Limited (NOMAD & Financial Adviser)

Mark Brady

Miriam Greenwood

James Keeshan
Tel: +44 (0) 203 368 3550
Cantor Fitzgerald Europe (Broker)

David Porter

Sebastien Maurin
Tel: +44 (0) 207 894 7000
Whitman Howard Limited (Equity Advisor)

Nick Lovering
Tel: +44 (0) 207 659 1234
Walbrook PR Limited

Nick Rome
[email protected] or Tel: +44 (0) 207 933 8780

About Trinity

Trinity is an independent oil and gas exploration and production company focused solely on Trinidad and Tobago.  Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth.  The Company operates all of its nine licences and, across all of the Group's assets, management's estimate of 2P reserves as at the end of 2016 was 21.3 mmbbls (excluding the Guapo-1 license which was disposed of in April 2016). Group 2C contingent resources are estimated to be 21.1 mmbbls. The Group's overall 2P plus 2C volumes are therefore 42.3 mmbbls.

Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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