Sound Energy PLC Director/PDMR Shareholding (4228X)
February 21 2017 - 3:22AM
UK Regulatory
TIDMSOU
RNS Number : 4228X
Sound Energy PLC
21 February 2017
21 February 2017
Sound Energy plc
("Sound Energy" or the "Company")
Director/PDMR Shareholding
Sound Energy, the African and European focused upstream gas
company, announces that it was notified on 20 February 2017 that
Greenberry plc ("Greenberry") disposed of EUR100,000 of the
Company's 5.0% unsecured notes due 21 June 2021 ("5.0% Bonds") at
an aggregate price of EUR103,000 on 16 February 2017. The 5.0%
Bonds are traded on the Euro MTF Market of the Luxembourg Stock
Exchange.
Marco Fumagalli, a director of the Company, is Managing Partner
of, and a 25% shareholder in, Continental Investment Partners SA
("Continental"). Greenberry is an affiliate of Continental by
virtue of its common ownership.
The notification below, made in accordance with the requirements
of the Market Abuse Regulation, provides further detail.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ---------------------------------------------------------------
a) Name Greenberry plc
---- -------------------------------- -----------------------------
2 Reason for the notification
---- ---------------------------------------------------------------
a) Position/status
Notification concerns
a PCA, being a legal
person the managerial
responsibilities of
which are discharged
by Marco Fumagalli,
a
PDMR (Non-Executive
Director of Sound
Energy plc).
---- -------------------------------- -----------------------------
b) Initial notification/Amendment Initial Notification
---- -------------------------------- -----------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ---------------------------------------------------------------
a) Name Sound Energy plc
---- -------------------------------- -----------------------------
b) LEI -
---- -------------------------------- -----------------------------
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 5.0% secured notes due
instrument, type of 21 June 2021
instrument
---- -------------------------------- -----------------------------
Identification code XS1434582885
---- -------------------------------- -----------------------------
b) Nature of the transaction Sale of 5.0% secured
notes due 21 June 2021
---- -------------------------------- -----------------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
---- -------------------------------- ------------- --------------
EUR1.03 100,000
------------------------------------- ------------- --------------
d) Aggregated information N/A (single transaction)
---- -------------------------------- -----------------------------
Aggregated volume
------------------------------------- -----------------------------
Price
------------------------------------- -----------------------------
e) Date of the transaction 16 February 2017
---- -------------------------------- -----------------------------
f) Place of the transaction Euro MTF Market of the
Luxembourg Stock Exchange
(XLUX)
---- -------------------------------- -----------------------------
For further information please contact:
Vigo Communications - PR Tel: +44 (0)20 7830
Adviser 9700
Patrick d'Ancona
Chris McMahon
Alexandra Roper
Sound Energy j.parsons@soundenergyplc.com
James Parsons, Chief Executive
Officer
Smith & Williamson - Nominated Tel: +44 (0)20 7131
Adviser 4000
Azhic Basirov
David Jones
Ben Jeynes
RBC Capital Markets - Broker Tel: +44 (0)20 7653
Matthew Coakes 4000
Martin Copeland
Laura White
This information is provided by RNS
The company news service from the London Stock Exchange
END
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