Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Director/PDMR Dealing

13th Aug 2021 17:03

RNS Number : 6595I
Wentworth Resources PLC
13 August 2021
 

 

 

13 August 2021

WENTWORTH RESOURCES PLC("Wentworth" or the "Company")

Director/PDMR Dealing

Wentworth (AIM: WEN), the independent, Tanzania-focused natural gas production company, announces that Iain McLaren purchased 13,511 ordinary shares of no par value at a price of 24p per share in the Company, equating to an aggregate value of £3,242.64 via his dividend re-investment programme.

Following this purchase, Iain McLaren holds a total of 338,788 ordinary shares, representing 0.183 % of the outstanding share capital of the Company.

 1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Iain Archibald McLaren

2.

Reason for the notification

a)

Position/status:

 

NED

b)

Initial notification/Amendment:

 

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Wentworth Resources PLC

b)

LEI:

213800L172PPXRPJZM82

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 no par value in Wentworth Resources Plc

 

JE00BGT34J81

b)

Nature of the transaction:

 

Acquisition of ordinary shares of no par value in Wentworth Resources Ltd.

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

Date

0.24

13,511

12/08/2021

 

d)

Aggregated information:

· Aggregated volume:

· Price:

 

13,511

0.24p per share

e)

Date of the transaction:

12 August 2021

f)

Place of the transaction:

XLON

This announcement does not contain inside information.

 

Ends

Enquiries: 

Wentworth Resources

 

Katherine Roe,Chief Executive Officer 

 

[email protected]+44 (0) 7841 087 230 

 Stifel Nicolaus Europe Limited

 AIM Nominated Advisor and Joint Broker Callum StewartAshton ClanfieldSimon Mensley

 +44 (0) 20 7710 7600

 Peel Hunt LLP

 Joint Broker Richard CrichtonAlexander Allen

 +44 (0) 20 7418 8900

 FTI Consulting

 Communications Advisor Sara Powell

Ben Brewerton

 +44 (0) 20 3727 1000

About Wentworth Resources

Wentworth Resources plc (AIM: WEN) is a leading, domestic natural gas producer in Tanzania with a core producing asset at Mnazi Bay in the onshore Rovuma Basin in Southern Tanzania. The power demand base in-country is growing and with an ambitious universal energy access target set by the Government for 2030, Wentworth has a vital role to play in increasing access by ensuring a reliable, affordable and growing supply of natural gas into the local market. In 2019, Wentworth launched its sustainable dividend policy and remains committed to responsible growth that maintains returns for shareholders.

 

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 [email protected] 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
 
 
DSHPJMATMTABBFB

Related Shares:

WEN.L
FTSE 100 Latest
Value8,554.80
Change23.19