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Director/PDMR Shareholding

20th Feb 2014 11:18

RNS Number : 5421A
Trap Oil Group plc
20 February 2014
 



20 February 2014

Trap Oil Group plc

("Trapoil" or the "Company")

 

Director's Dealing

 

Trapoil (AIM: TRAP), the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf ("UKCS") region of the North Sea, was yesterday notified of the following sale of ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") on 19 February 2014 today by a director of the Company:

Director

Number of Ordinary Shares sold

Price per Ordinary Share sold (pence)

Resultant holding of Ordinary Shares

% of issued share capital

Mr. Miles* Newman,

Non-Executive Director

11,601,700

9

11,601,702

5.11%

* Miles Newman and his wife are jointly interested in the shares detailed above.

Enquiries:

Trap Oil Group plc

 

Mark Groves Gidney, CEO

 

Tel: 0203 170 5586

www.trapoil.com

 

Strand Hanson Limited

James Harris

Matthew Chandler

James Spinney

 

Tel: 0207 409 3494

Mirabaud Securities LLP

Peter Krens

 

Tel: 0207 321 2508

FirstEnergy Capital LLP

Hugh Sanderson

David van Erp

 

Tel: 0207 448 0200

 

Cardew Group

Shan Shan Willenbrock

Lauren Foster

 

Tel: 0207 930 0777

[email protected]

**ENDS**

 

Notes to editors:

 

· The Trapoil Group was created in 2008 by a team of experienced industry executives with a broad range of oil and gas technical, operational and financial expertise and professional skills.

 

· Trapoil has developed long term relationships with key oil industry partners and major suppliers and consultants including CGG Services (UK) Limited ("CGG") and Applied Drilling Technology International.

 

· The Company utilises a research-led, knowledge-based approach to identify and deliver promising exploration and appraisal opportunities, and to this end has secured extensive long-term access to CGG's state of the art 3D seismic database over the majority of the Central North Sea area on negotiated terms. CGG is a leading pure-play geophysical services and equipment provider. Access to such 3D seismic data serves to strengthen the Group's ability to create opportunities on both open and held acreage in the UKCS.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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