Director Subscription & PDMR Shareholdings

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1. Kevin Foo

2. Ahmet Dik

3. Andrew Diamond

4. John Bryant

5. Iain Patrick

6. Roger Kennedy

2

Reason for the notification:

Subscription and allotment of shares by Directors/PDMR

a)

Position/status

1. Executive Chairman

2. Chief Executive Officer

3. Finance Director

4. Non-Executive Director

5. Non-Executive Director

6. 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

Victoria Oil & Gas plc

b)

LEI

213800JHNB148AXECS22

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

Ordinary shares of 0.5p each

Identification code

GB00BRWR3752

b)

Nature of the transaction

Subscription and allotment of shares by Directors

c)

Price(s) and volume(s)

Director Name

Price

Number of shares

1. Kevin Foo

2. Ahmet Dik

3. Andrew Diamond

4. John Bryant

5. Iain Patrick

6. Roger Kennedy

1. 57 pence

2. 57 pence

3. 57 pence

4. 57 pence

5. 57 pence

6. 57 pence

1. 87,719

2. 199,361

3. 1,754

4. 1,754

5. 1,754

6. 1,754

d)

Aggregated information

N/A

e)

Date of the transactions

14 November 2017

f)

Place of the transaction

London Stock Exchange, AIM Market