Zenith Energy Ltd Director/PDMR Shareholding (7037F)
February 22 2018 - 10:08AM
UK Regulatory
TIDMZEN
RNS Number : 7037F
Zenith Energy Ltd
22 February 2018
February 22, 2018
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon
publication of this announcement via a regulatory information
service ("RIS"), the inside information contained in this document
is now considered to be in the public domain.
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd., ("Zenith" or the "Company") (LSE: ZEN;
TSX.V: ZEE), the international oil & gas production company
operating the largest onshore oilfield in Azerbaijan, is pleased to
announce that Mr. Andrea Cattaneo, Chief Executive Officer and
President of the Company, has purchased a total of 325,000 common
shares of no par value in the capital of the Company ("Common
Shares") at an average price of GBP0.068 per Common Share. Mr.
Cattaneo purchased a total of 225,000 Common Shares on February 20,
2018. Today, Mr. Cattaneo has purchased a total of 100,000 Common
Shares.
Following the aforementioned purchases, Mr. Cattaneo is directly
beneficially interested in a total of 4,395,116 Common Shares in
the capital of the Company, representing 2.77 per cent of the total
issued and outstanding common share capital of the Company. As
announced on December 15, 2017, Mr. Cattaneo is indirectly
interested in a total of 1,250,000 Common Shares, today
representing 0.79 per cent of the Company's issued share
capital.
For further information please contact:
Zenith Energy Ltd.
Andrea Cattaneo
Chief Executive Officer
E-mail: info@zenithenergy.ca
Tel: +1 (587) 315 9031
Vigo Communications -
PR Adviser
Patrick d'Ancona
Chris McMahon
Kate Rogucheva
Tel: +44 (0) 20 7830 9700
Beaufort Securities Limited - (Joint Broker)
Jon Belliss
Telephone: +44 (0) 207 382 8300
Daniel Stewart & Company Plc - (Joint Broker)
Robert Emmet- Corporate Broking
Nikhil Varghese- Corporate Finance
Telephone: + 44 (0) 207 776 6550
Optiva Securities - (Joint Broker)
Christian Dennis
Telephone: + 44 (0) 203 137 1903
Allenby Capital Limited - (Financial Adviser)
Nick Harriss
Nick Athanas
Telephone: + 44 (0) 203 328 5656
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)
---- -------------------------------- ----------- ----------
GBP0.0670 100000
------------------------------------- ----------- ----------
GBP0.0680 100000
------------------------------------- ----------- ----------
GBP0.0690 25000
------------------------------------- ----------- ----------
GBP0.0695 100000
------------------------------------- ----------- ----------
d) Aggregated information
---- -------------------------------- -----------------------
Aggregated volume 325000
------------------------------------- -----------------------
Aggregated price GBP0.068231
------------------------------------- -----------------------
e) Date of the transaction(s)
---- -------------------------------- -----------------------
February 20,
2018
------------------------------------- -----------------------
February 22,
2018
------------------------------------- -----------------------
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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