TIDMXEL

RNS Number : 8100U

Xcite Energy Limited

21 October 2014

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

TSX-V, LSE-AIM: XEL

21 October 2014

Xcite Energy Limited

("Xcite Energy" or the "Company")

Director Share Purchases

Xcite Energy announces that on 20 October 2014 it was notified of the following purchase of ordinary shares in the Company by a Director.

On 20 October 2014, Chief Financial Officer Andrew J. Fairclough purchased 35,000 ordinary shares in the Company at a price of 43.10 pence per share. Mr. Fairclough now has a shareholding of 88,000 ordinary shares in the Company.

 
 
 ENQUIRIES: 
                                                   +44 (0) 1483 549 
  Xcite Energy Limited                             063 
 Rupert Cole / Andrew Fairclough 
 
                                                 +44 (0) 203 100 
 Liberum (Joint Broker and Nominated Adviser)     2222 
 Clayton Bush 
 
                                                 +44 (0) 207 425 
 Morgan Stanley (Joint Broker)                    8000 
 Andrew Foster 
 
                                                 +44 (0) 203 772 
 Bell Pottinger                                   2500 
 Henry Lerwill 
 
 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSLLFFRISLIFIS

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