Source - LSE Regulatory
RNS Number : 6595I
Wentworth Resources PLC
13 August 2021
 

 

 

13 August 2021

WENTWORTH RESOURCES PLC
("Wentworth" or the "Company")

Director/PDMR Dealing

Wentworth (AIM: WEN), the independent, Tanzania-focused natural gas production company, announces that Iain McLaren purchased 13,511 ordinary shares of no par value at a price of 24p per share in the Company, equating to an aggregate value of £3,242.64 via his dividend re-investment programme.

Following this purchase, Iain McLaren holds a total of 338,788 ordinary shares, representing 0.183 % of the outstanding share capital of the Company.

 1.       

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Iain Archibald McLaren

2.       

Reason for the notification

a)

Position/status:

 

NED

b)

Initial notification/Amendment:

 

Initial Notification

3.       

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

a)

Name

Wentworth Resources PLC

b)

LEI:

213800L172PPXRPJZM82

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 no par value in Wentworth Resources Plc

 

JE00BGT34J81

b)

Nature of the transaction:

 

Acquisition of ordinary shares of no par value in Wentworth Resources Ltd.

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

Date

0.24

13,511

12/08/2021

 

d)

Aggregated information:

· Aggregated volume:

· Price:

 

13,511

0.24p per share

e)

Date of the transaction:

12 August 2021

f)

Place of the transaction:

XLON


This announcement does not contain inside information.

 

Ends

Enquiries: 

Wentworth Resources

 

Katherine Roe,
Chief Executive Officer

 

 

katherine.roe@wentplc.com
+44 (0) 7841 087 230

 

 
Stifel Nicolaus Europe Limited

 
AIM Nominated Advisor and Joint Broker 
Callum Stewart
Ashton Clanfield
Simon Mensley

 
+44 (0) 20 7710 7600

 

Peel Hunt LLP

 

Joint Broker 
Richard Crichton
Alexander Allen

 

+44 (0) 20 7418 8900

 
FTI Consulting

 
Communications Advisor 
Sara Powell                               

Ben Brewerton

 

+44 (0) 20 3727 1000

About Wentworth Resources

Wentworth Resources plc (AIM: WEN) is a leading, domestic natural gas producer in Tanzania with a core producing asset at Mnazi Bay in the onshore Rovuma Basin in Southern Tanzania. The power demand base in-country is growing and with an ambitious universal energy access target set by the Government for 2030, Wentworth has a vital role to play in increasing access by ensuring a reliable, affordable and growing supply of natural gas into the local market. In 2019, Wentworth launched its sustainable dividend policy and remains committed to responsible growth that maintains returns for shareholders.

 

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