Phoenix Global Resources PLC Director's Dealing (9426M)
January 14 2019 - 1:00AM
UK Regulatory
TIDMPGR
RNS Number : 9426M
Phoenix Global Resources PLC
14 January 2019
14 January 2019
Phoenix Global Resources plc
("Phoenix" or the "Company")
Director's Dealing
The Board of Phoenix (AIM:PGR; BCBA:PGR) announces a director's
transaction in the ordinary shares of the Company.
Director's Dealing
The Company was informed on 11 January 2019 that Sir Michael
Rake, Chairman of the Company, acquired 201,997 ordinary shares at
a price of 24.5 pence per share.
Following this transaction, Sir Michael Rake's beneficial
interest in the Company is 330,000 ordinary shares representing an
interest of 0.012% in the issued share capital of the Company.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further details:
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Sir Michael Rake
2 Reason for the notification
a) Position/status Chairman, Phoenix Global Resources plc
b) Initial notification/Amendment This is an initial notification.
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Phoenix Global Resources plc
b) LEI 213800KGHZ6DKGJNNT92
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 10p each
Identification code GB00B7LHJ340
b) Nature of the transaction Share purchase
c) Price(s) and volume(s) Price Volume
GBP0.245 201,997
d) Aggregated information Price Volume
------- --------
N/A N/A
e) Date of the transaction 11 January 2019
f) Place of the transaction London Stock Exchange, AIM
Ends
Enquiries:
Phoenix Global Resources Anuj Sharma, CEO T: +54 11 5258 7500
plc Kevin Dennehy, CFO
Stockdale Securities Antonio Bossi T: +44 20 7601 6100
Panmure Gordon Charles Lesser T: +44 20 7886 2500
Camarco Billy Clegg T: +44 20 3781 8331
Owen Roberts
James Crothers
About Phoenix:
Phoenix Global Resources is a London Stock Exchange (AIM: PGR)
and Buenos Aires Stock Exchange (BCBA: PGR) listed independent
Argentina focused oil and gas exploration and production company.
The Company has over 6.3 million licensed working interest acres in
Argentina (of which over 5 million are operated), 57.2 million boe
of working interest 2P reserves and average production of
approximately 9,750 working interest boepd in Q3 2018. Phoenix has
significant exposure to the unconventional opportunity in Argentina
through its 560,000 working interest acres with Vaca Muerta
potential.
The Company's website is www.phoenixglobalresources.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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