Director Share
Dealing
13
November 2024 - Singapore: Jadestone Energy plc
(AIM:JSE) ("Jadestone" or the "Company"), an independent upstream
production company focused on the Asia-Pacific region, announces
that A. Paul Blakeley, President and Chief Executive Officer of
Jadestone, has acquired a total of 443,100 ordinary shares in the
Company, for a total amount of £107,452.
Following the transaction, Mr.
Blakeley holds a total of 5,898,092 ordinary shares, which
represents 1.09% of the Company's issued share capital.
The FCA notification, made in
accordance with the requirements of the UK Market Abuse Regulation,
is appended below and gives further details on the transaction
described above.
DEALING NOTIFICATION
FORM
FOR USE BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED
PERSONS
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
A. Paul Blakeley
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
President and Chief Executive
Officer
|
|
b)
|
Initial
notification/Amendment:
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Jadestone Energy Plc
|
|
b)
|
LEI:
|
21380076GWJ8XDYKVQ37
|
|
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 £0.001 each in
the share capital of Jadestone Energy plc
ISIN: GB00BLR71299
|
|
b)
|
Nature of the
transaction:
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s):
|
£0.2425 and 443,100 ordinary
shares
|
|
d)
|
Aggregated information:
· Aggregated volume:
· Price:
|
443,100 ordinary shares
£107,451.75
|
|
e)
|
Date of the transaction:
|
12 November 2024
|
|
f)
|
Place of the transaction:
|
AIMX
|
-ends-
For further information, please
contact:
|
Jadestone Energy plc
|
|
|
Paul Blakeley, President and
CEO
|
+65 6324 0359 (Singapore)
|
|
Andrew Fairclough, CFO
|
|
|
Phil Corbett, Head of Investor
Relations
|
+44 (0) 7713 687467 (UK)
|
|
|
ir@jadestone-energy.com
|
|
|
|
|
Stifel Nicolaus Europe Limited (Nomad, Joint
Broker)
|
+44 (0) 20 7710 7600 (UK)
|
|
Callum Stewart
|
|
|
Jason Grossman
|
|
|
Ashton Clanfield
|
|
|
|
|
|
Peel
Hunt LLP (Joint Broker)
|
+44 (0) 20 7418 8900 (UK)
|
|
Richard Crichton
|
|
|
David McKeown
|
|
|
Georgia Langoulant
|
|
|
|
|
|
Camarco (Public Relations Advisor)
|
+44 (0) 203 757 4980 (UK)
|
|
Billy Clegg
|
jse@camarco.co.uk
|
|
Georgia Edmonds
|
|
|
Elfie Kent
|
|
About Jadestone Energy
Jadestone Energy plc is an
independent upstream company focused on the Asia-Pacific
region. It has a balanced and increasingly diversified
portfolio of production and development assets in Australia,
Malaysia, Indonesia, Thailand and Vietnam, all stable jurisdictions
with a positive upstream investment climate.
Led by an experienced management
team with a track record of delivery, who were core to the
successful growth of Talisman Energy's business in Asia-Pacific,
the Company is pursuing a strategy to grow and diversify the
Company's production base both organically, through developments
such as at Akatara in Indonesia, Nam Du/U Minh in Vietnam and the
SFA Cluster offshore Malaysia, as well as through acquisitions that
fit within Jadestone's financial framework and play to the
Company's strengths in managing maturing oil assets. Jadestone
delivers value in its acquisition strategy by enhancing returns
through operating efficiencies, cost reductions and increased
production through further investment.
Jadestone is a responsible operator
and well positioned for the energy transition through its
increasing gas production, by maximising recovery from existing
brownfield developments and through its Net Zero pledge on Scope 1
& 2 GHG emissions from operated assets by 2040. This strategy
is aligned with the IEA Net Zero by 2050 scenario, which stresses
the necessity of continued investment in existing upstream assets
to avoid an energy crisis and meet demand for oil and gas through
the energy transition.
Jadestone Energy plc (LEI:
21380076GWJ8XDYKVQ37) is listed on the AIM market of the London
Stock Exchange (AIM: JSE). The Company is headquartered in
Singapore. For further information on the Company please
visit www.jadestone-energy.com.
The
information contained within this announcement is considered to be
inside information prior to its release, as defined in Article 7 of
the Market Abuse Regulation No. 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act
2018.