15 May 2023
Beacon Energy plc
("Beacon Energy" or the "Company")
PDMR Dealing
Beacon Energy (AIM:BCE) announces that Peter Appel, Managing Director of Beacon Energy's wholly owned subsidiary Rhein Petroleum GmbH, on 12 May 2023 purchased 11,000,000 ordinary shares of no par value each in the Company ("Ordinary Shares") at a price of EUR 0.002 (GBP 0.0017).
Following this transaction, Peter Appel has an interest in 11,000,000 Ordinary Shares, representing approximately 0.1 per cent. of the Company's issued Ordinary Share capital.
Enquiries:
| Beacon Energy plc Larry Bottomley (CEO) / Stewart MacDonald (CFO) | via Buchanan | ||
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| Strand Hanson Limited (Financial and Nominated Adviser) Rory Murphy / James Bellman | +44 (0)20 7409 3494 | ||
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| Buchanan (Public Relations) Ben Romney / Jon Krinks | +44 (0)20 7466 5000 | ||
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| Tennyson Securities Limited (Joint Broker) Peter Krens / Ed Haig-Thomas | +44 (0)20 7186 9030 | ||
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| Optiva Securities Limited (Joint Broker) Christian Dennis | +44 (0)20 3411 1881 | ||
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For further information, please visit www.beaconenergyplc.com and @BeaconEnergyPlc on Twitter
To register for Beacon Energy's email alerts, please complete the following form: https://www.beaconenergyplc.com/media-centre/news/#alerts
PDMR Disclosure
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a. | Name | Peter Appel
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| 2. | Reason for the notification | |||||
| a. | Position/status | Managing Director of Rhein Petroleum GmbH, a wholly owned subsidiary of Beacon Energy plc
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| b. | Initial notification/Amendment | Initial Notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a. | Name | Beacon Energy plc | ||||
| b. | LEI | 213800TZWOYU7UFZ5V63 | ||||
| 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 of no par value M00BKSCP798
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| b. | Nature of the transaction | Purchase of Ordinary Shares | ||||
| c. | Price(s) and volume(s) |
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| d. | Aggregated information - Aggregated volume - Price |
N/A | ||||
| e. | Date of the transactions | 12 May 2023 | ||||
| f. | Place of the transactions | Frankfurt Stock Exchange | ||||
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