2nd Oct 2019 17:18
2 October 2019
Amerisur Resources plc ("Amerisur" or the "Company")
Assignment of awards under the Company's Long Term Incentive Plan ("LTIP")
Amerisur, the oil and gas producer and explorer focused on Colombia, announces that John Wardle, Chief Executive Officer of Amerisur, has transferred all his outstanding LTIP awards (which amount to awards over a total of 14,294,136 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares")) to Tracarta Limited ("Tracarta"), a company in which John Wardle has an interest. Ordinary Shares will only be receivable under the LTIP awards to the extent vesting conditions have been met.
Following the transfer, Tracarta holds 33,391,505 Ordinary Shares, an option over 3,000,000 Ordinary Shares and LTIP awards over 14,294,136 Ordinary Shares.
Director/PDMR Shareholding
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
(a) | Name | John Wardle | ||||
2. | Reason for the notification | |||||
(a) | Position/status | CEO and a person discharging managerial responsibilities
| ||||
(b) | Initial notification/ Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | Amerisur Resources plc | ||||
(b) | LEI | 2138008EMW6F92THIC31 | ||||
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 0.1p in Amerisur Resources plc
ISIN: GB0032087826 | ||||
(b) | Nature of the transaction | Assignment by John Wardle to Tracarta Limited, a company in which John Wardle has an interest and a person closely associated with John Wardle, of nominal cost options over ordinary shares awarded under the Company's Long Term Incentive Plan | ||||
(c) | Price(s) and volume(s) |
| ||||
(d) | Aggregated information: ·; Aggregated volume ·; Price |
14,294,136 Nil | ||||
(e) | Date of the transaction | 2nd October 2019 | ||||
(f) | Place of the transaction | Outside a trading venue | ||||
5. | Details of the person discharging managerial responsibilities/person closely associated | |||||
(a) | Name | Tracarta Limited ("Tracarta") | ||||
6. | Reason for the notification | |||||
(a) | Position/status | The notification concerns a person closely associated with a person discharging managerial responsibilities. The relevant person discharging managerial responsibilities is John Wardle, the CEO of Amerisur Resources plc, who has an interest in Tracarta. | ||||
(b) | Initial notification/ Amendment | Initial Notification | ||||
7. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
(a) | Name | Amerisur Resources plc | ||||
(b) | LEI | 2138008EMW6F92THIC31 | ||||
8. | 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 0.1p in Amerisur Resources plc
ISIN: GB0032087826 | ||||
(b) | Nature of the transaction | Assignment by John Wardle to Tracarta of nominal cost options over ordinary shares awarded under the Company's Long Term Incentive Plan | ||||
(c) | Price(s) and volume(s) |
| ||||
(d) | Aggregated information: ·; Aggregated volume ·; Price |
14,294,136 Nil | ||||
(e) | Date of the transaction | 2nd October 2019 | ||||
(f) | Place of the transaction | Outside a trading venue | ||||
ENDS
Enquiries:
Nathan Piper, Head of Business Development and Comms Amerisur Resources
| Tel: +44 (0)330 333 8273 |
Billy Clegg/Kimberley Taylor Camarco | Tel: +44 (0)203 757 4983 |
Callum Stewart/Ashton Clanfield/Nicholas Rhodes Stifel Nicolaus Europe Limited | Tel: +44 (0)20 7710 7600 |
Chris Sim/Tejas Padalkar Investec | Tel: +44 (0)207 597 4000 |
Paul Shackleton/Dan Gee-Summons Arden Partners Plc | Tel: +44 (0)207 614 5900 |
Related Shares:
AMER.L