Source - RNS
RNS Number : 4511R
Pantheon Resources PLC
14 June 2018
 

 

 

 

                                                                                    14 June 2018

 

Pantheon Resources plc

Director/PDMR Shareholding

 

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration company with a 50% - 75% working interest in several conventional project areas in Tyler and Polk Counties, onshore East Texas, announces that pursuant to an amicable divorce settlement, Jay Cheatham has transferred 1,777,124 ordinary shares of £0.01 each in the Company ("Shares") to his ex-wife, Kellee Cheatham, for nil consideration.  Mrs Cheatham has indicated her support for the company going forward.

 

Following this transaction, Jay Cheatham, CEO of Pantheon, holds 1,983,404, which represents 0.84% of the Company's issued share capital.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

(Disclosure in relation to exercise of share options and sale of shares)

 

 1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jay Cheatham

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 

Pantheon Resources plc

b)

LEI  

213800SWHY5DNQS64J23

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 1 pence each

 

 

GB00B125SX82

b)

Nature of the transaction 

Transfer of ordinary shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

1,777,124

d)

 

Aggregated information

Not applicable - single transaction

e)

Date of the transaction 

14 June 2018

f)

Place of the transaction 

Outside a trading venue

 

 

 

 

-Ends -

 

Further information:

 

Pantheon Resources plc

+44 20 7484 5361

Jay Cheatham, CEO

 

Justin Hondris, Director, Finance and Corporate Development

 

 

 

Stifel Nicolaus Europe Limited (Nominated Adviser and broker)

+44 20 7710 7600

Callum Stewart

 

Ashton Clanfield

 

Nicholas Rhodes

 

 

 

FTI Consulting

+44 20 3727 1000

Ed Westropp

 

James Styles

 

 

For further information on Pantheon Resources plc, see the website at: www.pantheonresources.com 

 

The information contained within this RNS is considered to be inside information prior to its release.

 

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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