Touchstone Exploration Inc. Director/PDMR Shareholding (3990D)
29 Juni 2021 - 8:00AM
UK Regulatory
TIDMTXP
RNS Number : 3990D
Touchstone Exploration Inc.
29 June 2021
SALE OF COMMON SHARES
CALGARY, ALBERTA (June 29, 2021) - Touchstone Exploration Inc.
("Touchstone" or the "Company") reports that on June 28, 2021, the
Company's executive officers sold an aggregate 242,000 Touchstone
common shares of no par value ("Common Shares"). The sales of
Common Shares were to satisfy the costs and withholding taxes
associated with the executive officer share option exercises
announced on June 24, 2021. Mr. Baay sold 104,000 Common Shares,
and Mr. Budau and Mr. Shipka each sold 69,000 Common Shares at a
weighted average price of C$1.36 (approximately 79.5 pence) per
Common Share on the Toronto Stock Exchange.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them in accordance with the Market Abuse
Regulations.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. Paul R. Baay
2. Scott Budau
3. James Shipka
-------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status 1. President, Chief Executive Officer
and Executive Director
2. Chief Financial Officer
3. Chief Operating Officer
-------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Touchstone Exploration Inc.
-------------------------- --------------------------------------------
b) LEI 2138008URBSUC1J24J73
-------------------------- --------------------------------------------
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 Common Shares of Touchstone Exploration
financial instrument, Inc.
type of instrument
Identification code CA89156L1085
-------------------------- --------------------------------------------
b) Nature of the transaction 1. Sale of 104,000 Common Shares
2. Sale of 69,000 Common Shares
3. Sale of 69,000 Common Shares
-------------------------- --------------------------------------------
Effective Prices Volumes
c) Prices and volumes 1. C$1.36 (79.5p) 104,000
----------------- --------
2. C$1.36 (79.5p) 69,000
----------------- --------
3. C$1.36 (79.5p) 69,000
----------------- --------
-------------------------- --------------------------------------------
d) Aggregated information 1. Aggregated volume: 104,000 Common
* Aggregated volume Shares
Aggregated price: C$1.36 (79.5p) each
Aggregate total C$141,440 (GBP82,680)
* Price 2. Aggregated volume: 69,000 Common
Shares
Aggregated price: C$1.36 (79.5p) each
Aggregated total: C$93,840 (GBP54,855)
3. Aggregated volume: 69,000 Common
Shares
Aggregated price: C$1.36 (79.5p) each
Aggregated total: C$93,840 (GBP54,855)
-------------------------- --------------------------------------------
e) Date of the transaction 1. 28 June 2021
2. 28 June 2021
3. 28 June 2021
-------------------------- --------------------------------------------
f) Place of the transaction 1. Toronto Stock Exchange
2. Toronto Stock Exchange
3. Toronto Stock Exchange
-------------------------- --------------------------------------------
Touchstone Exploration Inc.
Touchstone Exploration Inc. is a Calgary, Alberta based company
engaged in the business of acquiring interests in petroleum and
natural gas rights and the exploration, development, production and
sale of petroleum and natural gas. Touchstone is currently active
in onshore properties located in the Republic of Trinidad and
Tobago. The Company's common shares are traded on the Toronto Stock
Exchange and the AIM market of the London Stock Exchange under the
symbol " TXP " .
For further information about Touchstone, please visit our
website at www.touchstoneexploration.com or contact:
Touchstone Exploration Inc.
Mr. Paul Baay, President and Chief Executive Officer Tel: +1
(403) 750-4487
Mr. Scott Budau, Chief Financial Officer
Shore Capital (Nominated Advisor and Joint Broker)
Nominated Advisor: Edward Mansfield / Daniel Bush / Michael McGloin Tel: +44 (0) 207 408 4090
Corporate Broking: Jerry Keen
Canaccord Genuity (Joint Broker)
Adam James / Henry Fitzgerald O'Connor / Thomas Diehl Tel: +44
(0) 207 523 8000
Camarco (Financial PR)
Nick Hennis / Billy Clegg Tel: +44 (0) 203 781 8330
Advisory
For reference purposes in this announcement, one British pound
has been translated from Canadian dollars at a rate of 1.71 to
1.00.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFVLLLFQLXBBB
(END) Dow Jones Newswires
June 29, 2021 02:00 ET (06:00 GMT)
Touchstone Exploration (LSE:TXP)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Touchstone Exploration (LSE:TXP)
Historical Stock Chart
Von Jul 2023 bis Jul 2024