14th Jan 2011 15:29
For immediate release 14 January 2011
Hardy Oil and Gas plc
("Hardy" or the "Company")
As announced on 7 January 2011, Hardy Oil and Gas plc (LSE: HDY.L) had issued an aggregate of 21,971 ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares") to all of its non-executive directors, including the chairman.
The table below sets out details of the number of underlying Ordinary Shares contained under each relevant grant or award to each non-executive director. These transactions are notified as required by Disclosure Rule 3.1.4 (R).
Name of Director / PDMR and Position3 | DTR 3.1.4 (R) template reference | Paul Mortimer | Carol Bell | Ian Bruce | Pradip Shah |
Non-Executive Chairman | Senior Non-Executive | Non-Executive | Non-Executive | ||
Name of registered shareholder | 7 | Cains Fiduciaries Limited | |||
Nature of Transaction | 8 | Restricted Share Grant | |||
Number of shares acquired | 9 | 6,761 | 5,070 | 5,070 | 5,070 |
Percentage of issued class acquired | 10 | 0.009% | 0.007% | 0.007% | 0.007% |
Price per Ordinary Share and value of Transaction (£) | 13 | 177.7p (£12,000) | 177.7p (£9,000) | 177.7p (£9,000) | 177.7p (£9,000) |
Date and place of transaction | 14 | 07 January 2011 (Shares listed on 13 January 2011) | |||
Total holding and total percentage holding following notification | 15 | 882,193 (1.226%) | 9,106 (0.013%) | 444,892 (0.618%) | 673,541 (0.936%) |
Date issuer informed of transaction | 16 | 13 January 2011 | |||
The Ordinary Shares are subject to Restricted Shares Agreements whereby such Ordinary Shares will be restricted for a period of three years from the date of issue and, save in certain circumstances, will only be released if the non-executive director remains a director throughout the three year period.
For further information please contact:
Hardy Oil and Gas plc 020 7471 9850 |
Dinesh Dattani, Finance Director |
Arden Partners plc 020 7614 5917 |
Richard Day |
Buchanan Communications 020 7466 5000 |
Mark Edwards |
Ben Romney |
Related Shares:
HDY.L