Jadestone Energy Inc. Exercise of Options and Director Share Dealing (7915S)
March 19 2021 - 02:00AM
UK Regulatory
TIDMJSE
RNS Number : 7915S
Jadestone Energy Inc.
19 March 2021
Jadestone Energy Inc.
Exercise of Options and Director Share Dealing
19 March 2021-Singapore: Jadestone Energy Inc. (AIM:JSE) (the
"Company" or "Jadestone"), an independent oil and gas production
company focused on the Asia Pacific region, announces that on 19
March 2021, A. Paul Blakeley, a Director, President and Chief
Executive Officer of Jadestone, exercised options over a total of
1,500,000 common shares ("New Shares"), being 500,000 common shares
with the exercise price of CAD 0.49 per share and 1,000,000 common
shares with the exercise price of CAD 0.47 per share.
Following his acquisition of the New Shares, Mr. Blakeley will
hold a total of 4,232,798 common shares, which represents 0.91% of
the Company's issued share capital.
The FCA notification, made in accordance with the requirements
of the UK Market Abuse Regulation is appended below and gives
further details on the transaction described above.
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND
THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name: A. Paul Blakeley
--------------------------- -------------------------------------------
2. Reason for the notification
------------------------------------------------------------------------
(a) Position/status: Executive Director, President and Chief
Executive Officer
--------------------------- -------------------------------------------
(b) Initial notification/ Initial notification
amendment:
--------------------------- -------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
(a) Name: Jadestone Energy Inc.
--------------------------- -------------------------------------------
(b) LEI: 254900E4GCXW63X26Q32
--------------------------- -------------------------------------------
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 Common shares of no par value in Jadestone
financial instrument, Energy Inc.
type of instrument:
Identification
code: ISIN: CA46989Q1000
--------------------------- -------------------------------------------
(b) Nature of the transaction: Exercise of options to acquire a total
of 1,500,000 common shares
--------------------------- -------------------------------------------
(c) Price(s) and volume(s): CAD 0.49 per share 500,000 options
CAD 0.47 per share 1,000,000 options
------------------
--------------------------- -------------------------------------------
(d) Aggregated information:
- Aggregated volume: 1,500,000 options
- Price: CAD 715,000 .00
--------------------------- -------------------------------------------
(e) Date of the transaction: 19 March 2021
--------------------------- -------------------------------------------
(f) Place of the transaction: XLON
--------------------------- -------------------------------------------
For further information, please contact:
Jadestone Energy Inc. +65 6324 0359 (Singapore)
Paul Blakeley, President and CEO +44 7392 940 495 (UK)
Dan Young, CFO ir@jadestone-energy.com
Robin Martin, Investor Relations Manager
Stifel Nicolaus Europe Limited (Nomad, +44 (0) 20 7710 7600 (UK)
Joint Broker)
Callum Stewart
Jason Grossman
Ashton Clanfield
BMO Capital Markets Limited (Joint Broker) +44 (0) 20 7236 1010 (UK)
Thomas Rider
Camarco (Public Relations Advisor) +44 (0) 203 757 4980 (UK)
Georgia Edmonds jse@camarco.co.uk
Billy Clegg
James Crothers
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END
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