Source - RNS
RNS Number : 7071U
Trinity Exploration & Production
16 July 2018
 

 

16 July 2018

 

Trinity Exploration & Production plc
("Trinity" or the "Company")

 

Director/PDMR shareholdings

Trinity (AIM: TRIN), the leading independent E&P company focused on Trinidad and Tobago, announces that as part of the recent $20 million fundraising (the "Fundraising") announced on 25 June 2018, certain Directors and their connected parties participated in the Subscription, which formed part of the Fundraising. 

Further details of the Directors' subscriptions, and the subsequent shareholdings of the Directors and the David and Christina Segel Living Trust, are set out in the table below:

 

Director

 

Number of existing Ordinary Shares

Number of Subscription Shares subscribed for pursuant to the Subscription

Total Ordinary Shares held immediately following Admission

% of Enlarged Share Capital immediately following the Fundraising

Bruce Dingwall

12,215,498

1,270,616

13,486,114

3.51%

Jeremy Bridglalsingh

80,000

127,062

207,062

0.05%

Angus Winther

23,065,178

6,610,466

29,675,644

7.73%

James Menzies

675,000

300,000

975,000

0.25%

David and Christina Segel Living Trust

33,917,256

6,610,466

40,527,722

10.55%

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

 

a)

 

 

Name

 

 

Bruce Dingwall

2

 

Reason for the notification

 

 

a)

 

 

Position/status

 

 

Executive Chairman

 

b)

 

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

 

Name

 

 

Trinity Exploration & Production plc

 

b)

 

 

LEI

 

 

 

213800WHW7571LAEDG63

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 of USD 0.01 per share par value

 

 

 

Identification code

GB00B8JG4R91

 

 

b)

 

Nature of the transaction

 

Subscription

 

c)

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Date purchased

Price(s)

Volume(s)

 

 

 

12 July 2018

15p

1,270,616

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

 1,270,616 Ordinary shares

 

 

- Price

15p per Ordinary share

 

 

 

e)

 

 

Date of the transaction

 

 

12 July 2018

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

 

a)

 

 

Name

 

 

Jeremy Bridglalsingh

2

 

Reason for the notification

 

 

a)

 

 

Position/status

 

 

Chief Financial Officer

 

b)

 

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

 

Name

 

 

Trinity Exploration & Production plc

 

b)

 

 

LEI

 

 

213800WHW7571LAEDG63

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 of USD 0.01 per share par value

 

 

 

Identification code

GB00B8JG4R91

 

 

b)

 

Nature of the transaction

 

Subscription

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Date purchased

Price(s)

Volume(s)

 

 

 

12 July 2018

15p

127,062

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

127,062 Ordinary shares

 

 

- Price

15 pence per share

 

 

 

e)

 

 

Date of the transaction

 

 

12 July 2018

 

f)

 

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

 

a)

 

 

Name

 

 

James Menzies

2

 

Reason for the notification

 

 

a)

 

 

Position/status

 

 

Non-Executive Director

 

b)

 

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

 

Name

 

 

Trinity Exploration & Production plc

 

b)

 

 

LEI

 

 

213800WHW7571LAEDG63

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 of USD 0.01 per share par value

 

 

 

Identification code

GB00B8JG4R91

 

 

b)

 

Nature of the transaction

 

Subscription

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Date purchased

Price(s)

Volume(s)

 

 

 

12 July 2018

15p

300,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

300,000 Ordinary shares

 

 

- Price

15p per Ordinary share

 

 

e)

 

Date of the transaction

 

12 July 2018

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

 

a)

 

 

Name

 

 

Angus Winther

2

 

Reason for the notification

 

 

a)

 

 

Position/status

 

 

Non-Executive Director

 

b)

 

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

 

Name

 

 

 

Trinity Exploration & Production plc

 

b)

 

 

LEI

 

 

213800WHW7571LAEDG63

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 of USD 0.01 per share par value

 

 

 

Identification code

GB00B8JG4R91

 

 

b)

 

Nature of the transaction

 

Subscription

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Date purchased

Price(s)

Volume(s)

 

 

 

12 July 2018

15p

6,610,466

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

6,610,466 Ordinary shares

 

 

- Price

15p per Ordinary share

 

 

e)

 

Date of the transaction

 

12 July 2018

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

 

a)

 

 

Name

 

 

David Segel (David and Christina Segel Living Trust)

2

 

Reason for the notification

 

 

a)

 

 

Position/status

 

 

Non-Executive Director

 

b)

 

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

 

Name

 

 

Trinity Exploration & Production plc

 

b)

 

 

LEI

 

 

213800WHW7571LAEDG63

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 of USD 0.01 per share par value

 

 

 

Identification code

GB00B8JG4R91

 

 

b)

 

Nature of the transaction

 

Subscription

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Date purchased

Price(s)

Volume(s)

 

 

 

12 July 2018

15p

6,610,466

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

 6,610,466 Ordinary shares

 

 

 

- Price

15p a share

 

 

e)

 

Date of the transaction

 

12 July 2018

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

 

 

 

For further information please visit: www.trinityexploration.com  or contact:

 

Trinity Exploration & Production plc

+44 (0)131 240 3860

Bruce Dingwall CBE, Executive Chairman

Jeremy Bridglalsingh, Chief Financial Officer

Tracy Mackenzie, Corporate Development Manager

 

 

 

SPARK Advisory Partners Limited (Nominated Adviser and Financial Adviser)

+44 (0)20 3368 3550

Mark Brady

Miriam Greenwood

Andrew Emmott

 

 

 

Cenkos Securities PLC (Broker)

 

Joe Nally (Corporate Broking)

Neil McDonald

Beth McKiernan

Derrick Lee

 

+44 (0)20 7397 8900

+44 (0)131 220 6939

 

 

Whitman Howard Limited (Equity Adviser)

+44 (0)20 7659 1234

Hugh Rich

 

Nick Lovering

 

 

 

Walbrook PR Limited

+44 (0)20 7933 8780

Nick Rome

[email protected]

 

 

 


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