4th Jul 2019 14:44
4 July 2019
Volga Gas plc
("Volga Gas", the "Company" or the "Group")
PDMR Notification, Transaction in Own Shares and Total Voting Rights
Volga Gas announces that on 4 July 2019 Andrey Zozulya, Chief Executive Officer of the Company, was awarded a bonus of payment of 250,652 ordinary shares of 1p each in the Company ('Ordinary Shares') for nil consideration. The Ordinary Shares awarded to Mr. Zozulya are being transferred from the Company's treasury.
Following this award, Mr. Zozulya's total beneficial ownership in the Company is 521,652 Ordinary Shares, which represents approximately 0.65% of the Company's issued share capital.
Total Voting Rights
Following the above transaction, the issued share capital of the Company consists of 80,818,452 Ordinary Shares with voting rights. The Company also holds 199,348 Ordinary Shares in treasury. The total issued share capital is 81,017,800 (including treasury shares).
The total number of Ordinary Shares in issue with voting rights (excluding shares held as treasury shares) is 80,818,452 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
Volga Gas plc | |
Andrey Zozulya, Chief Executive Officer Vadim Son, Chief Financial Officer Tony Alves, Investor Relations Consultant | +7 (903) 385 9889 +7 (905) 381 4377 +44 (0) 7824 884 342 |
S.P. Angel Corporate Finance LLP | +44 (0) 20 3470 0470 |
Richard Redmayne, Richard Morrison, Richard Hail | |
FTI Consulting | +44 (0) 20 3727 1000 |
Alex Beagley, Fern Duncan |
Market Abuse Regulation (MAR) Disclosure
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the dealings by a director.
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 | |||||
a) | Name: | Andrey Zozulya | ||||
2. | Reason for the notification | |||||
a) | Position/status: | Chief Executive Officer | ||||
b) | Initial notification/Amendment: | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | Volga Gas Plc | ||||
b) | LEI: | 2138005MSA4Q6W8E1R48 | ||||
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: Identification code: | Ordinary shares of 1p each GB00B1VN4809 | ||||
b) | Nature of the transaction: | Purchase of ordinary shares | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: Aggregated volume: Price: | Single transaction as in 4 c) above
| ||||
e) | Date of the transaction: | 2019-07-04
| ||||
f) | Place of the transaction: | Outside a trading venue | ||||
g) | Nature of the transaction: | Transfer of shares from Company treasury in settlement of a bonus award. | ||||
Related Shares:
VGAS.L