Coro Energy PLC Director/PDMR Shareholding
February 07 2025 - 7:50AM
RNS Regulatory News
RNS Number : 3923W
Coro Energy PLC
07 February 2025
7 February 2025
Coro Energy plc
("Coro"
or the "Company")
Director / PDMR
Dealings
Coro Energy Plc, the South East Asian energy
company with a natural gas and clean energy portfolio, announces
that following the purchase on 6 February 2025 by Tom Richardson,
Non-Executive Chairman of the Company, of EUR 525,000 of the
Company's Luxembourg listed EUR 22.5 million 10.0% secured
notes ("Bonds"), the Bonds today converted into new ordinary
shares in the Company ("Ordinary Shares").
As a result, Mr. Richardson is now interested
in a total of 7,271,065 Ordinary Shares, representing 1.51% per
cent of the enlarged issued share capital of the
Company.
The notifications below, made in
accordance with the UK Market Abuse Regulation, provide further
details.
For
further information please contact:
|
Coro Energy plc
|
Via Vigo Consulting Ltd
|
|
Cavendish Capital Markets Limited (Nominated
Adviser)
Adrian Hadden
Ben Jeynes
|
Tel: 44 (0)20 7220 0500
|
|
Hybridan LLP (Nominated Broker)
Claire Louise Noyce
|
Tel: 44 (0)20 3764
2341
|
|
|
|
|
Vigo Consulting (IR/PR Advisor)
Patrick d'Ancona
Finlay Thomson
|
Tel: 44 (0)20 7390 0230
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Tom Richardson
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
Non-Executive Chair
|
|
b.
|
Initial
notification/Amendment
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
Coro Energy Plc
|
|
b.
|
LEI
|
2138004JXMD9YXLMKS49
|
|
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
Identification code
|
Ordinary Shares of GBP0.005 per
share par value
GB00BS457501
|
|
b.
|
Nature of the transaction
|
Issue of Ordinary Shares following
conversion of Luxembourg listed 10.0% secured
notes
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
7,271,065
|
|
|
d.
|
Aggregated information
·Aggregated volume
·Price
|
N/A - single transaction
|
|
e.
|
Date of the transaction
|
7 February 2025
|
|
f.
|
Place of the transaction
|
Outside of a trading
venue
|
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END
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