RNS Number : 5025Y
Deltic Energy PLC
05 May 2023
 

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources

 

5 May 2023

 

Deltic Energy Plc ("Deltic" or "the Company")

PDMR/Director Dealings

 

Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, announces that it was notified on 4 May 2023 that Peter Nicol, a Non-Executive Director of the Company, purchased 1,000,000 ordinary shares of 0.5 p each ("Ordinary Shares") into his ISA at a price of 1.79 per Ordinary Share.

 

Additionally, the Company was notified on 4 May 2023 that Sarah McLeod, Deltic's Chief Financial Officer and a person discharging managerial responsibility transferred 282,581 Ordinary Shares to her individual ISA account.  There has been no significant change to the number of Ordinary Shares beneficially held by Sarah McLeod as a result of these transfers.

 

Details of these share transactions are shown below.

 

Director/Senior manager

Role

Number of Ordinary Shares sold

Number of Ordinary Shares purchased

Resultant number of Ordinary Shares held

Peter Nicol

Non-Executive Director

-

1,000,000

3,000,000

Sarah McLeod

Chief Financial Officer

285,714

282,581

862,523

 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Peter Nicol

2.

Reason for the notification

a)

Position / status

Non-Executive Director

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Deltic Energy Plc

b)

LEI

213800TS8K1D27AFP275

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 financial instrument

Identification Code

Ordinary Shares of 0.5p

ISIN: GB00B6SYKF01 

 

b)

Nature of the transaction

Purchase of Ordinary Shares into ISA account

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.79 pence

1,000,000 Ordinary Shares purchased

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of the transaction

4 May 2023

 

f)

Place of the transaction

London Stock Exchange (AIMX)

 

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Sarah McLeod

2.

Reason for the notification

a)

Position / status

Chief Financial Officer

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Deltic Energy Plc

b)

LEI

213800TS8K1D27AFP275

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 financial instrument

Identification Code

Ordinary Shares of 0.5p

ISIN: GB00B6SYKF01 

 

b)

Nature of the transaction

1.  Sale of Ordinary Shares from share dealing account

2.  Purchase of Ordinary Shares into ISA account

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.  1.69 pence sold

285,714 Ordinary Shares sold

2.  1.71 pence purchased

282,581 Ordinary Shares purchased

d)

Aggregated information

Aggregated volume

Price

Price(s)

Volume(s)

Total

1.  1.6913 pence sold

285,714 Ordinary Shares sold

1.  £4,832.14 sold

2.  1.71 pence purchased

282,581 Ordinary Shares purchased

2.  £4,832.14 purchased

e)

Date of the transaction

4 May 2023

 

f)

Place of the transaction

London Stock Exchange (AIMX)

 

 

 

**ENDS**

 

For further information please contact the following:

Deltic Energy Plc                                   

Tel: +44 (0) 20 7887 2630 

Graham Swindells / Andrew Nunn / Sarah McLeod          


 

Allenby Capital Limited (Nominated Adviser)                                                 

  

Tel: +44 (0) 20 3328 5656

David Hart / Alex Brearley (Corporate Finance)


 

Stifel Nicolaus Europe Limited (Joint Broker)                                                 

  

Tel: +44 (0) 20 7710 7600

Callum Stewart / Simon Mensley / Ashton Clanfield


 

Canaccord Genuity Limited (Joint Broker)

Adam James / Gordon Hamilton

 

  

Tel: +44 (0) 20 7523 8000

Vigo Consulting (IR Adviser)                                        

Tel: +44 (0) 20 7390 0230

Patrick d'Ancona / Finlay Thomson / Kendall Hill 


 

About Deltic Energy Plc

Deltic has created a strategically located portfolio of high-quality gas exploration licences in the Southern North Sea over a number of licensing rounds.  These licences are located in areas that have been underexplored despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus, most of which have gone on to be developed and could provide ready access to export infrastructure for any future developments on Deltic's licence acreage.

 

 

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