Trinity Exploration & Production Director/PDMR Shareholding (9544O)
August 25 2017 - 1:00AM
UK Regulatory
TIDMTRIN
RNS Number : 9544O
Trinity Exploration & Production
25 August 2017
Trinity Exploration & Production plc
("Trinity" or the "Company")
Director/PDMR shareholding
Trinity (AIM: TRIN), the leading independent E&P company
focused on Trinidad and Tobago, announces that James Menzies,
Non-Executive Director, made the following share purchase:
Date purchased Price Volume(s)
24 August
2017 11p 250,000
Following this purchase, Mr Menzies is interested in 500,000
Ordinary shares in the Company representing 0.18 per cent of the
issued share capital (voting rights), of the Company as per the
following table:
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ----------------------------------------------------------------------
a) Name James Menzies
---- -------------------------- ------------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------
a) Position/status Non-Executive Director
---- -------------------------- ------------------------------------------
b) Initial notification Initial Notification
/Amendment
---- -------------------------- ------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ----------------------------------------------------------------------
a) Name Trinity Exploration & Production
plc
---- -------------------------- ------------------------------------------
b) LEI N/A
---- -------------------------- ------------------------------------------
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 Ordinary shares of USD 0.01
the financial per share par value
instrument, type
of instrument
----
Identification GB00B8JG4R91
code
b) Nature of the Acquisition of shares
transaction
---- -------------------------- ------------------------------------------
c) Price(s) and volume(s)
---- --------------------------- ----------
Date purchased Price(s) Volume(s)
---- ---------------- --------- ----------
24 August
2017 250,000 11p
------------------------------------------------ --------- ----------
d) Aggregated information
----
- Aggregated volume 250,000 shares acquired at
11p a share
- Price
e) Date of the transaction 24 August 2017
---- -------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
---- -------------------------- ------------------------------------------
For further information please visit: www.trinityexploration.com
or contact:
Trinity Exploration & Production Tel: +44 (0) 131
240 3860
Bruce Dingwall, Executive Chairman
Tracy Mackenzie, Head of Corporate
Development
SPARK Advisory Partners Limited Tel: +44 (0) 203
(Nominated & Financial Adviser) 368 3550
Mark Brady
Miriam Greenwood
Sean Wyndham-Quin
Cantor Fitzgerald Europe (Broker) Tel: +44 (0) 207
894 7000
David Porter
Sebastien Maurin
Craig Francis
Walbrook PR Limited trinityexploration@walbrookpr.com
or Tel: +44 (0)
207 933 8780
Nick Rome
About Trinity
Trinity is an independent oil and gas exploration and production
company focused solely on Trinidad and Tobago. Trinity operates
producing and development assets both onshore and offshore, in the
shallow water West and East Coasts of Trinidad. Trinity's portfolio
includes current production, significant near-term production
growth opportunities from low risk developments and multiple
exploration prospects with the potential to deliver meaningful
reserves/resources growth. The Company operates all of its nine
licences and, across all of the Group's assets, management's
estimate of 2P reserves as at the end of 2016 was 21.3 mmbbls
(excluding the Guapo-1 license which was disposed of in April
2016). Group 2C contingent resources are estimated to be 21.1
mmbbls. The Group's overall 2P plus 2C volumes are therefore 42.3
mmbbls.
Trinity is quoted on the AIM market of the London Stock Exchange
under the ticker TRIN.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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