SDX Energy Inc. PDMR Dealing (9214K)
July 13 2017 - 1:00AM
UK Regulatory
TIDMSDX
RNS Number : 9214K
SDX Energy Inc.
13 July 2017
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY
SDX TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET
ABUSE REGULATION (EU) NO. 596/2014 ("MAR"). ON THE PUBLICATION OF
THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"),
THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN.
13 July 2017
SDX ENERGY INC.
("SDX" or the "Company")
PDMR Dealing
SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil
and gas company was notified that;
-- Paul Welch, Chief Executive Officer and Director purchased
85,000 Common Shares of SDX Energy Inc. on July 12, 2017; and
-- David Vernon Richards, Non-executive Director purchased 5,469
and 7,000 Common Shares of SDX Energy Inc. respectively on July 10
and July 11, 2017
Notification Form
1 Details of PDMR / person closely associated
with them ("PCA")
(a) Name Paul Michael Welch
------------------------------- ---------------------------------
(b) Position/status Chief Executive Officer/Director
------------------------------- ---------------------------------
(c) Initial notification/amendment Initial
------------------------------- ---------------------------------
2 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 Common Shares of SDX Energy
of the financial Inc
instrument
------------------------------- ---------------------------------
(b) Nature of the Purchase of Shares
transaction
------------------------------- ---------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) GBP0.4470 50,000
----------
GBP0.4500 35,000
----------
------------------------------- ---------------------------------
(d) Aggregated information
Aggregated volume 85,000 Shares
Price GBP0.4482
------------------------------- ---------------------------------
(e) Date of the 2017-07-12
transaction
------------------------------- ---------------------------------
(f) Place of the London Stock Exchange -
transaction AIM (XLON)
------------------------------- ---------------------------------
Notification Form
1 Details of PDMR / person closely associated
with them ("PCA")
(a) Name David Vernon Richards
------------------------------- -------------------------------
(b) Position/status Non-Executive Director
------------------------------- -------------------------------
(c) Initial notification/amendment Initial
------------------------------- -------------------------------
2 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 Common Shares of SDX Energy
of the financial Inc
instrument
------------------------------- -------------------------------
(b) Nature of the Purchase of Shares
transaction
------------------------------- -------------------------------
(c) Price(s) and Price(s) Volume(s)
volume(s) CAD 0.7500 5,469
----------
CAD 0.7000 7,000
----------
------------------------------- -------------------------------
(d) Aggregated information
Aggregated volume 12,469 Shares
Price CAD 0.7219
------------------------------- -------------------------------
(e) Date of the 2017-07-10 (5,469 shares)
transaction and 2017-07-11 (7,000 shares)
------------------------------- -------------------------------
(f) Place of the Toronto Stock Exchange -
transaction TSXV (XTSX)
------------------------------- -------------------------------
About SDX
SDX is an international oil and gas exploration, production and
development company, headquartered in London, England, UK, with a
principal focus on North Africa. In Egypt, SDX has a working
interest in two producing assets (50% North West Gemsa & 50%
Meseda) located onshore in the Eastern Desert, adjacent to the Gulf
of Suez. It also has a 55% operated working interest in the South
Disouq concession, located in the Nile Delta, where a gas discovery
was made by the SD-1X well in 2017. In Morocco, SDX has a 75%
working interest in the Sebou concession situated in the Rharb
Basin. These producing assets are characterised by exceptionally
low operating costs making them particularly resilient in a low oil
price environment. SDX's portfolio also includes high impact
exploration opportunities in both Egypt and Morocco.
For further information, please see the website of the Company
at www.sdxenergy.com or the Company's filed documents at
www.sedar.com.
For further information:
SDX Energy Inc.
Paul Welch
President and Chief Mark Reid
Executive Officer Chief Financial Officer
Tel: +44 203 219 5640 Tel: +44 203 219 5640
Cantor Fitzgerald Europe (Nominated Adviser
& Joint Broker)
Sarah Wharry/Craig Francis
Tel: +44 207 7894 7000
GMP FirstEnergy (Joint Broker)
Jonathan Wright/David van Erp
Tel: +44 207 448 0200
Celicourt (PR)
Mark Antelme/Joanna Boon/Jimmy Lea
Tel: +44 207 520 9260
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as such term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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