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Director/PDMR Shareholding

24th Jun 2013 11:03

RNS Number : 6943H
Trap Oil Group plc
24 June 2013
 

 

24 June 2013

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 today notified of the following purchase of ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") today by a director of the Company:

Director

Number of Ordinary Shares purchased

Price paid per Ordinary Share (pence)

Resultant holding of Ordinary Shares

% of issued share capital

Mr. Scott Richardson Brown,

Finance Director

270,000

10.75

550,000

0.242%

Enquiries:

Trap Oil Group plc

 

Mark Groves Gidney, CEO

 

Tel: 020 3170 5586

www.trapoil.com

 

Strand Hanson Limited

James Harris

Matthew Chandler

James Spinney

 

Tel: 020 7409 3494

Mirabaud Securities LLP

Peter Krens

 

Tel: 020 7321 2508

FirstEnergy Capital LLP

Hugh Sanderson

David van Erp

 

Tel: 020 7448 0200

 

Cardew Group

Shan Shan Willenbrock

Lauren Foster

 

Tel: 020 7930 0777

[email protected]

**ENDS**

Notes to editors:

 

·; The 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 CGGVeritas Services (UK) Limited ("CGGVeritas") 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 CGGVeritas' state of the art 3D seismic database over the majority of the Central North Sea area on negotiated terms. CGGVeritas 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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