TIDMAET

RNS Number : 7241Z

Afentra PLC

15 January 2024

15 January 2024

AFENTRA PLC

DIRECTOR / PDMR DEALINGS

Afentra plc ('Afentra' or the 'Company'), the upstream oil and gas Company listed on the AIM market of the London Stock Exchange, announces that it has received notification of the following transactions in ordinary shares of GBP0.10 each in the Company ("Ordinary Shares"), by persons discharging managerial responsibilities and persons closely associated with them:

Elizabeth Bingham, wife and person closely associated with Ian Cloke, has sold 56,054 Ordinary Shares and purchased 55,700 Ordinary Shares into her ISA by two separate trades of substantially equal value..

As a result, the total aggregate shareholding in the Company of Ian Cloke and persons closely associated with him comprises 2,125,831 Ordinary Shares, representing approximately 0.97% of the Company's issued share capital, representing no material change to such total aggregate shareholding from the previous position.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                             Elizabeth Bingham 
     -------------------------------  -------------------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a.   Position/status                  Person closely associated 
                                        with Ian Cloke, Chief Operating 
                                        Officer of the Company 
     -------------------------------  -------------------------------------- 
 b.   Initial notification/Amendment   Initial Notification 
     -------------------------------  -------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a.   Name                             Afentra plc 
     -------------------------------  -------------------------------------- 
 b.   LEI                              21380028BFDFJK8BRX92 
     -------------------------------  -------------------------------------- 
 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     Ordinary shares of GBP0.10 
       instrument, type                 per share par value 
       of instrument                    GB00B4X3Q493 
       Identification code 
     -------------------------------  -------------------------------------- 
 b.   Nature of the transaction        Sale of Ordinary shares 
     -------------------------------  -------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         35.0773 
                                          pence      56,054 
                                                    ---------- 
     -------------------------------  -------------------------------------- 
 d.        Aggregated information       Price            Volume   Total 
             *    Aggregated volume      35.0773 pence 
                                          sold            56,054   19,662.23 
                                                         -------  ---------- 
             *    Price 
     -------------------------------  -------------------------------------- 
 e.   Date of the transaction          12 January 2024 
     -------------------------------  -------------------------------------- 
 f.   Place of the transaction         XLON 
     -------------------------------  -------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                              Elizabeth Bingham 
     --------------------------------  --------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a.   Position/status                   Person closely associated 
                                         with Ian Cloke, Chief Operating 
                                         Officer of the Company 
     --------------------------------  --------------------------------- 
 b.   Initial notification/Amendment    Initial Notification 
     --------------------------------  --------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a.   Name                              Afentra plc 
     --------------------------------  --------------------------------- 
 b.   LEI                               21380028BFDFJK8BRX92 
     --------------------------------  --------------------------------- 
 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      Ordinary shares of GBP0.10 
       instrument, type                  per share par value 
       of instrument                     GB00B4X3Q493 
       Identification code 
     --------------------------------  --------------------------------- 
 b.   Nature of the transaction         Sale & purchase of Ordinary 
                                         shares 
     --------------------------------  --------------------------------- 
 c.   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          36 pence    55,700 
                                                     ---------- 
     --------------------------------  --------------------------------- 
 d.        Aggregated information        Price       Volume   Total 
             *    Aggregated volume       36 pence 
                                           bought     55,700   19,990 
                                                     -------  ------- 
             *    Price 
     --------------------------------  --------------------------------- 
 e.   Date of the transaction           12 January 2024 
     --------------------------------  --------------------------------- 
 f.   Place of the transaction          XLON 
     --------------------------------  --------------------------------- 
 

For further information, contact

 
 Afentra plc 
  +44 (0)20 7405 4133 
  Paul McDade, CEO 
  Anastasia Deulina, CFO 
 
   Buchanan (Financial PR) 
   +44 (0)20 7466 5000 
   Ben Romney 
   Barry Archer 
   George Pope 
 
 Peel Hunt LLP (Nominated Advisor and Joint Broker) 
  +44 (0)20 7418 8900 
  Richard Crichton 
  David McKeown 
  Georgia Langoulant 
 
 Tennyson Securities (Joint Broker) 
  +44 (0)20 7186 9033 
  Peter Krens 
 
  About Afentra 
  Afentra plc (AIM:AET) is an upstream oil and gas company focused 
  on opportunities in Africa. The Company's purpose is to support 
  a responsible energy transition in Africa by establishing 
  itself as a credible partner for divesting IOCs and Host Governments. 
  Afentra has an 18% non-operated interest in the producing 
  Block 3/05, a 5.33% non-operated interest in the adjacent 
  development Block 3/05A and a 40% interest in Block 23, all 
  in the Lower Congo Basin, offshore Angola. Afentra has a current 
  carried interest in the Odewayne Block onshore southwestern 
  Somaliland. 
 

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