8th Aug 2018 14:00
USeplat Petroleum Development Company Plc ("SEPLAT" or the "Company")
UAnnouncement on Notification of Dealing in Shares by a PCA
Lagos and London - 08 August 2018:
The Company was notified of the Purchase of 900,000 ordinary shares registered in the name of Pursley Resources Limited ("Pursley"), a Company owned by the wife of Dr. A.B.C Orjiako, Chairman of the Company. Following the purchase, Pursley now holds a direct interest in 900,000 ordinary shares in the Company which equates to a voting interest of 0.15% (based on Issued Share Capital of 588,444,561).
Further details of the transaction are set out in the attached Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them.
This notification is made in accordance with Rule 12 of the Amendments to the Listing Rules of the Nigerian Stock Exchange and Article 19 of the EU Market Abuse Regulations.
Dr. Mirian Kene Kachikwu
Company Secretary
FOR: SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC.
Details of duly authorised officer of issuer responsible for making notification:
Roger Brown, CFO +44 (0) 203 725 6500
Investor enquiries:
Andrew Dymond, Investor Relations +44 (0) 203 725 6500
Form For Notification And Public Disclosure Of Transactions By Persons Discharging Managerial Responsibilities And Persons Closely Associated With Them:
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Pursley Resources Limited | |||
2
| Reason for the notification
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a)
| Position/status
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b)
| Initial notification /Amendment
| Initial notification
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3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| SEPLAT Petroleum Development Company Plc | |||
b)
| LEI
| 029200711C4S4CB2E982 | |||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a)
| Description of the financial instrument, type of instrument | Ordinary Shares
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Identification code | NGSEPLAT0008 | ||||
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b)
| Nature of the transaction
| Purchase of shares registered in the name of Pursley Resources Limited | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| NGN711.10 | 900,000 |
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d)
| Aggregated information |
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- Aggregated volume | 900,000 | ||||
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- Price | NGN711.10 | ||||
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e)
| Date of the transaction
| 11PthP June, 2018 | |||
f)
| Place of the transaction
| Lagos, Nigeria | |||
Related Shares:
Seplat Energy