Zenith Energy Ltd Director/PDMR Shareholding (8126Z)
December 19 2017 - 8:00AM
UK Regulatory
TIDMZEN
RNS Number : 8126Z
Zenith Energy Ltd
19 December 2017
December 19, 2017
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd., ("Zenith" or the "Company"),(LSE: ZEN;
TSX.V: ZEE), the dual listed international oil & gas production
company operating the largest onshore oilfield in Azerbaijan, is
pleased to announce that Andrea Cattaneo, the Chief Executive
Officer of the Company, has today purchased a total of 250,000
common shares of no par value in the capital of the Company
("Common Shares") at an average price of GBP0.07986 per Common
Share.
Following this purchase, Mr. Cattaneo is directly beneficially
interested in a total of 3,670,116 Common Shares representing 2.55
per cent of the Company's issued common share capital. As announced
on December 15, 2017, Mr. Cattaneo is indirectly interested in a
total of 1,250,000 common shares, today representing 0.87 per cent
of the Company's issued share capital.
For further information, please contact:
Zenith Energy Ltd.
Andrea Cattaneo
Chief Executive Officer
Email: info@zenithenergy.ca
Telephone: +1 (587) 315 9031
Telefax: +1 (403) 775 4474
Allenby Capital Limited - (Joint Broker)
Nick Harriss
Nick Athanas
Telephone: + 44 (0) 203 328 5656
Optiva Securities - (Joint Broker)
Christian Dennis
Telephone: + 44 (0) 203 137 1903
Yellow Jersey (Financial PR/IR)
Tim Thompson
Telephone: +44 (0) 203 735 8825
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 Andrea Cattaneo
---- -------------------------------- ---------------------------
2 Reason for the notification
---- -------------------------------------------------------------
a) Position/status Chief Executive
Officer
---- -------------------------------- ---------------------------
b) Initial notification/Amendment Initial Notification
---- -------------------------------- ---------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
---- -------------------------------------------------------------
a) Name Zenith Energy
Ltd.
---- -------------------------------- ---------------------------
b) LEI 213800AYTYOYD61S4569
---- -------------------------------- ---------------------------
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
financial instrument,
type of instrument
---- -------------------------------- ---------------------------
Identification code CA98936C1068
---- -------------------------------- ---------------------------
b) Nature of the transaction Purchase of Common
Shares
---- -------------------------------- ---------------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
---- -------------------------------- -------------- -----------
GBP0.07965 100000
------------------------------------- -------------- -----------
GBP0.08 150000
------------------------------------- -------------- -----------
d) Aggregated information N/A (single transaction)
---- -------------------------------- ---------------------------
Aggregated volume 300000
------------------------------------- ---------------------------
Aggregated price GBP0.07986
------------------------------------- ---------------------------
e) Date of the transaction December 19,
2017
---- -------------------------------- ---------------------------
f) Place of the transaction London Stock
Exchange
---- -------------------------------- ---------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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