Zenith Energy Ltd Director/PDMR Shareholding (5208T)
March 25 2021 - 07:05AM
UK Regulatory
TIDMZEN
RNS Number : 5208T
Zenith Energy Ltd
25 March 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
March 25, 2021
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE:
ZENA), the listed international oil & gas production company
focused on pursuing African development opportunities, announces
that its Chief Executive Officer, Mr. Andrea Cattaneo, has notified
the Company that yesterday, March 24, 2021, he purchased a total of
3,500,000 common shares of no par value ("Common Shares") in the
capital of the Company at an average price of NOK 0.1210 per Common
Share (equivalent to approximately GBP0.01) on the Euronext Growth
of the Oslo Stock Exchange.
Following the aforementioned dealing, Mr. Cattaneo is directly
beneficially interested in a total of 61,484,115 common shares in
the capital of the Company, representing 5.28 percent of the total
issued and outstanding common share capital of the Company.
Further Information:
Zenith Energy Ltd
Andrea Cattaneo, Chief Executive Tel: +1 (587) 315 9031
Officer
-----------------------------
E-mail: info@zenithenergy.ca
-----------------------------
Allenby Capital Limited - Financial
Adviser & Broker
-----------------------------
Nick Harriss Tel: + 44 (0) 203 328
Nick Athanas 5656
-----------------------------
Notes to Editors :
Zenith Energy Ltd. is an international oil and gas production
company, listed on the London Stock Exchange (LSE:ZEN) and the
Euronext Growth Market of the Oslo Stock Exchange (OSE:ZENA).
Zenith's development strategy is to identify and rapidly seize
value-accretive hydrocarbon production opportunities in the oil
& gas sector, specifically in Africa.
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 & President
---------------------------------------- ---------------------------------------
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 financial Common Shares of No Par Value
instrument,
type of instrument
---------------------------------------- ---------------------------------------
Identification CA98936C1068
code
---------------------------------------- ---------------------------------------
b) Nature of Purchase of Common Shares
the transaction
---------------------------------------- ---------------------------------------
c) Price(s) Price(s) Volume(s)
and volumes(s)
---------------------------------------- ------------------- ------------------
NOK
0.1210 3,500,000
----------------------------------------------------------------- ------------------
d) Date of the March 24, 2021
transaction(s)
---------------------------------------- ---------------------------------------
e) Place of Off Market
the transaction
---------------------------------------- ---------------------------------------
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END
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