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Notification of Transactions

29th May 2013 07:00

RNS Number : 7421F
Maple Energy plc
29 May 2013
 

 

29 May 2013

 

 

MAPLE ENERGY PLC

 

("Maple" or the "Company")

 

Notification of Transactions

By Directors and Persons Discharging Managerial

Responsibility Shareholding

 

 

Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified that on 27 May 2013, Mr. Tony Hines, Senior Vice President and Executive Director, fulfilled his repayment obligations outstanding under an existing sale and repurchase agreement (previously disclosed on 27 November 2012) that became due on 27 May 2013 and repurchased 96,480 ordinary shares at a price of US$1.16 (77p*) per ordinary share.

 

Following the completion of the transaction described above, Mr. Tony Hines beneficially owns 8,088,491 ordinary shares, or 4.9% of the outstanding share capital of Company on a non-diluted basis

 

\* The exchange rate used was 1.5106, the rate at Bloomberg for US dollars/UK sterling at 16:42hrs(EST) on 27 May 2013.

 

 

 

For further information, please contact:

 

Maple Energy plc (+ 51 1 611 4000)

Rex W. Canon, Chief Executive Officer, President and Executive Director

 

Cenkos Securities plc (+44 20 7397 8900)

Jon Fitzpatrick

Ken Fleming

 

Buchanan (+44 20 7466 5000)

Mark Edwards

Ben Romney

www.buchanan.uk.com

 

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