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Director/PDMR Shareholding

7th Jun 2012 15:40

RNS Number : 9308E
Forum Energy Plc
07 June 2012
 

7 June 2012

 

 

Forum Energy Plc

 

("Forum Energy" or the "Company")

 

Directors' Dealings

 

The Company was informed on 6 June 2012 that Andrew Mullins and Barry Stansfield, both Directors of Forum Energy, had on the same day sold 500,000 and 200,000 ordinary shares of 10 pence each in the share capital of the Company ("Ordinary Shares") respectively, at a price of £2 per share, to Asia Link B.V., a wholly-owned subsidiary of First Pacific Company Limited.

Further the Company was informed on 31 May 2012 that Walter Brown, a Director of Forum Energy, had on the same day sold 1,000,000 Ordinary Shares to Tidemark Holdings Limited, a wholly-owned subsidiary of Atok-Big Wedge Co., Inc. Atok-Big Wedge Co., Inc is a company listed on the Philippine Stock Exchange and controlled by Roberto Ongpin, a Director of Forum Energy.

Following these sales Andrew Mullins, Barry Stansfield and Walter Brown do not hold any issued share capital of the Company.

 

For further information please contact:

 

Forum Energy Plc:

Andrew Mullins

Tel: +44 (0)1932 445 344

Executive Director

Execution Noble & Company Ltd

(Nominated adviser)

Harry Stockdale

Tel: +44 (0)207 456 9191

 

Or visit Forum's website:

www.forumenergyplc.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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