6th Jul 2009 16:46
6 July 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 on 3 July 2009 that the Directors and Persons Discharging Managerial Responsibility referred in the chart below sold, on the same day, a total of 802,000 shares.
The price per share of each transaction and 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 sales, is set forth in the chart below.
|
Name |
Position |
Shares Sold |
Price US$ |
Price UK Sterling (*) |
Beneficial Ownership after Sale |
|
|
Shares |
% Share Capital (1) |
|||||
|
Raymond J. Cochard |
Chief Financial Officer |
59,970 |
3.45 |
2.11 |
56,808 |
|
|
Guillermo Ferreyros |
Vice President, Marketing and Government Relations |
30,020 |
3.45 |
2.11 |
1,415,139 |
1.6% |
|
Jack W. Hanks |
Chairman of the Board and Executive Director |
347,500 |
3.46 |
2.12 |
3,223,925 |
3.6% |
|
Rex W. Canon |
Chief Executive Officer and Executive Director |
347,500 |
3.46 |
2.12 |
7,050,598 |
7.9% |
|
Nabil Katabi |
Project Development Manager |
15,010 |
3.45 |
2.11 |
744,084 |
|
|
Nigel Christie |
Non Executive Director |
2,000 |
4.10 |
2.50 |
58,000 |
|
|
Total |
802,000 |
12,548,554 |
14.1% |
|||
Maple was also notified on 3 July 2009 that Mr. Jim Pontiff, Manager of Finance and Administration of Maple Etanol S.R.L., one of Maple's subsidiaries, had purchased 3,000 ordinary shares at an average price of US$3.59 (220p*) per share on 3 July, 2009.
Following the acquisition of such shares, Mr. Pontiff has a beneficial interest in 3,100 ordinary shares in the Company representing less than 0.01% of the issued and outstanding share capital of the Company on a non diluted basis.
(1) Reflects the percentage of the issued and outstanding share capital of the Company on a non-diluted basis.
\* The exchange rate used was 1.6333, the rate at Bloomberg for US dollars / UK sterling on 03 July 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
Mirabaud Securities Ltd (+44 20 7321 2508)
Peter Krens
Rory Scott
Citigate Dewe Rogerson (+44 20 7638 9571)
Martin Jackson
Emma Woollaston
About Maple Energy
Maple is an integrated independent energy company, listed in London and Lima, with assets and operations in Peru engaging in numerous aspects of the energy industry, including:
- Exploration and production of crude oil and natural gas
- Refining, marketing and distribution of hydrocarbon products
- The development of an ethanol project
Maple was admitted to AIM on 13 July 2007 and trades under the symbol "MPLE". The Company was also admitted to the Lima Stock Exchange on 21 December 2007 where it trades under the same symbol.
Related Shares:
MPLE.L