RNS Number : 5124E
Deltic Energy PLC
26 February 2024
 

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

 

26 February 2024

 

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

Director/PDMR Dealing

 

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 today that Peter Cowley, a Non-Executive Director of the Company, has sold and purchased 50,924 ordinary shares of 10p each ("Ordinary Shares") in the Company as part of a Bed & ISA arrangement.

 

There has been no change to the number of Ordinary Shares beneficially held by Mr Cowley as a result of these transactions.

Details of the transactions in Ordinary Shares are shown below.

 

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

 

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.

 

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 Cowley

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 10p

ISIN: GB00BNTY2N01

 

b)

Nature of the transaction

Sale and Purchase of Ordinary Shares pursuant to a "Bed and ISA" process

c)

Price(s) and volume(s)

Price(s)

Volume(s)

35.7 pence (sale)

35.8 pence (purchase by ISA)

50,924 (sale)

50,924 (purchase by ISA)

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of the transaction

20 February 2024

 

f)

Place of the transaction

London Stock Exchange (AIMX)

 

 

 

**ENDS**

 

 

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