AI assistant
Zenith Energy — Director's Dealing 2021
Jul 30, 2021
8200_dirs_2021-07-30_26be8c9e-dcd7-494b-8283-b71f7071a114.pdf
Director's Dealing
Open in viewerOpens in your device viewer
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international oil & gas production company focused on pursuing African development opportunities, announces that its Chief Executive Officer, Mr. Andrea Cattaneo, has notified the Company that yesterday, July 29, 2021, he purchased a total of 1,954,397 common shares of no par value ("Common Shares") in the capital of the Company at a price of NOK 0.1535 per Common Share (equivalent to approximately £0.012).
Following the aforementioned dealing, Mr. Cattaneo is directly beneficially interested in a total of 63,438,512 common shares in the capital of the Company, representing 4.51 percent of the total issued and outstanding common share capital of the Company.
| Further Information: |
|---|
| ---------------------- |
| Zenith Energy Ltd | |
|---|---|
| Andrea Cattaneo, Chief Executive Officer | Tel: +1 (587) 315 9031 |
| E-mail: [email protected] |
|
| Allenby Capital Limited - Financial Adviser & Broker |
|
| Nick Harriss | Tel: + 44 (0) 203 328 5656 |
| Nick Athanas |
The information included in this announcement is defined as inside information pursuant to MAR article 7 and is publicly disclosed in accordance with MAR article 17 and section 5 -12 of the Norwegian Securities Trading Act. The announcement is made by the contact person.
Notes to Editors:
Zenith Energy Ltd. is an international oil and gas production company, listed on the London Stock Exchange (LSE:ZEN) and the Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).
Zenith's development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the oil & gas sector, specifically in Africa.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities / person closely associated |
|||
|---|---|---|---|---|
| a) | Name | Andrea | Cattaneo | |
| 2 | Reason for the notification | |||
| a) | Position/status | Chief Executive Officer & President |
||
| b) | Initial notification/Amendment |
Initial Notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
| a) | Name | Zenith Energy Ltd. | ||
| b) | LEI | 213800AYTYOYD61S4569 | ||
| 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 | ||
| Identification code | CA98936C1068 | |||
| b) | Nature of the transaction |
Purchase of Common Shares | ||
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) | |
| NOK 0.1535 |
1,954,397 | |||
| d) | Date of the transaction(s) |
July 29, 2021 | ||
| e) | Place of the transaction | Off Market |