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viewAscent Resources PLC

Ascent Resources PLC - Director/PDMR Shareholding

RNS Number : 7757W
Ascent Resources PLC
14 February 2017
 

Ascent Resources plc

("Ascent" or the "Company")

Director's dealing

 

The Company has been notified of the following acquisition, on 13 February 2017, of ordinary shares by a Director of the Company, as part of the underwritten offer of 161,500,000 new ordinary shares at 1.85p per share:

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

 Name

Colin Hutchinson

2

Reason for the notification

a)

 Position / status

Chief Executive Officer

b)

 Initial notification / amendment

Initial notification

3

Details of issuer

a)

 Name

Ascent Resources plc

b)

 LEI

(not available)

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  instrument, type of instrument

 Identification code

Ordinary 0.2p shares in Ascent Resources plc

 

 GB00BZ16J374

b)

 Nature of the transaction

Purchase pursuant to offer of new ordinary shares in the Company

c)

 Price(s) and volume(s)

 Price

Volume

1.85 pence per share

270,270

 

d)

 Aggregated information

 Price

Volume

Total

1.85 pence per share

270,270

£5,000.00

 

e)

 Date of the transaction

13 February 2017

f)

Place of the transaction

Outside of trading venue

 

Enquiries:

Ascent Resources plc                                                                                                     0207 251 4905

Clive Carver, Chairman

Colin Hutchinson, CEO

 

Stockdale Securities Limited, Nominated Adviser and Joint Broker         0207 601 6100

Richard Johnson

Edward Thomas

 

Northland Capital Partners Limited, Joint Broker                                              0203 861 6625

Tom Price

 

IFC Advisory Ltd, Financial PR and IR                                                                       0203 053 8671                        

Tim Metcalfe

Heather Armstrong

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Quick facts: Ascent Resources PLC

Price: 2.875

Market: AIM
Market Cap: £1.7 m
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