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): |
| ||||||
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
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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