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Caspian Sunrise (LON:CASP)

Caspian Sunrise (LON:CASP)


Share Price
8.95 p
Change
0 (0.00 %)
Market Cap
£149.44 m
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Caspian Sunrise RNS Release

PDMR Notification


RNS Number : 6782C
Caspian Sunrise plc
23 January 2018
 

Caspian Sunrise PLC

("Caspian Sunrise" or the "Company")

PDMR Notification

Caspian Sunrise, the Central Asian oil and gas company with a focus on Kazakhstan, announces that it received notification today  that on 27 December 2017, Mr Kairat Satylganov, a director in the Company, granted as security over 141,876,871 ordinary shares held by himself. There is no change in the Mr Saylganov's beneficial shareholding in the Company and he continues to have an interest and voting rights in 175,682,697 ordinary shares representing 10.5% of the issued share capital. 

Voting rights in relation to the shares being pledged are not affected and remain with Mr Kairat Satylganov.

The Notification of Dealing Form, under the Market Abuse Regulation, for Mr Kairat Satylganov can be found below. 

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

Kairat Satylganov

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Caspian Sunrise PLC

b)

LEI

213800ODCON58VWIRS18

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 Shares

 

 

GB00B1W0VW36

b)

Nature of the transaction

141,876,871 shares are pledged as security for a loan.

Voting rights in relation to the shares being pledged are not affected and remain with Kairat Satylganov.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

N/A

141,876,871

d)

Aggregated information

-     Aggregated volume

-     Price

 

141,876,871

N/A

e)

Date of the transaction

27 December 2017

f)

Place of the transaction

Outside a trading venue

 

Caspian Sunrise PLC

 

Clive Carver

Executive Chairman

+7 727 375 0202

WH Ireland, Nominated Adviser & Broker

 

James Joyce

Jessica Cave

James Sinclair-Ford

+44 (0) 207 220 1666

Yellow Jersey PR

Tim Thompson

+44 (0) 203 735 8825

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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