23rd Nov 2009 09:00
23 November 2009
MAPLE ENERGY PLC
("Maple" or the "Company")
Notification of Transactions by Directors and Persons Discharging Managerial Responsibility
Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified today that Mr. Rex Canon, Chief Executive Officer and Executive Director, has completed the purchase of 60,000 ordinary shares from Mr. Jack W. Hanks, Chairman of the Board and Executive Director, on 20 November 2009, at a purchase price of $1.18 (72p*) per ordinary share.
Following this transaction, the changes to the beneficial interest of the Directors and Persons Discharging Managerial Responsibility in the issued and outstanding share capital of the Company, on a non-diluted basis, following such sale and purchase are as follows:
|
Name |
Position |
Shares purchased |
Shares sold |
Beneficial ownership after transaction |
|
|
Shares |
% Share Capital (1) |
||||
|
Rex W. Canon |
Chief Executive Officer and Executive Director |
60,000 |
7,276,998 |
8.1% |
|
|
Jack. W. Hanks |
Chairman of the Board and Executive Director |
60,000 |
3,058,917 |
3.4% |
|
|
Total |
|
60,000 |
60,000 |
10,335,915 |
11.5% |
|
(1) Reflects the percentage of the issued and outstanding share capital of the Company on a non-diluted basis. |
|||||
* The exchange rate used was 1.6484, the rate at Bloomberg for US dollars/UK sterling at 13:08 hrs (EST) on 20 November 2009.
For further information, please contact:
Maple Energy plc (+ 51 1 611 4000)
Jack W. Hanks, Chairman of the Board and Executive Director
Rex W. Canon, Chief Executive Officer, President and Executive Director
Jefferies International Limited (+44 20 7029 8000)
Jack Pryde
Paul Wheeler
Schuyler Evans
Citigate Dewe Rogerson (+44 20 7638 9571)
Martin Jackson
George Cazenove
Related Shares:
MPLE.L