13 December 2021
Ascent Resources plc
("Ascent" or the "Company")
Directors / PDMR Shareholdings
Ascent Resources Plc (LON: AST) the onshore Caribbean, Hispanic American and European energy and natural resources company, announces that the following share purchases were made today by Executive directors:
James Parsons, the Company's Executive Chairman, has purchased through his SIPP a total of 158,953 ordinary shares in the Company (80,108 ordinary shares at a price of 3.74p per share and 78,845 ordinary shares at a price of 3.7999p per share).
Following the acquisition Mr Parsons is now interested in 500,900 ordinary shares in the Company, representing 0.46 percent of the Company's issued ordinary share capital.
Andrew Dennan, the Company's Chief Executive Officer, has purchased a total of 240,000 ordinary shares in the Company (190,000 ordinary shares at a price of 3.749474p per share and 50,000 ordinary shares at a price of 3.8p per share).
Following the acquisition Mr Dennan is now interested in 2,140,000 ordinary shares in the Company, representing 1.96 percent of the Company's issued ordinary share capital
The notifications below, made in accordance with the requirements of the Market Absue regulations, provides further details.
Enquiries:
| Ascent Resources plc Andrew Dennan
| Via Vigo Communications
|
| WH Ireland, Nominated Adviser & Broker James Joyce / Sarah Mather | 0207 220 1666 |
| Novum Securities, Joint Broker John Belliss
| 0207 399 9400 |
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 | |||
| | Name | James Parsons | ||
| 2 | Reason for the notification | |||
| a) | Position/status |
PDMR (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 | Ascent Resources plc | ||
| b) | LEI | 213800Q8R5GV7DLNEL37 | ||
| 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 £0.005 each | ||
| | Identification code | GB00BJVH7905 | ||
| b) | Nature of the transaction | Purchase of ordinary shares | ||
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) | |
| £0.0374 £0.037999
| 80,108 78,845 | |||
| d) | Aggregated information | | ||
| | Aggregated volume | 158,953 | ||
| | Price | Aggregate: £5,992,07 Average: 0.03769712p | ||
| e) | Date of the transaction | 13 December 2021 | ||
| f) | Place of the transaction | AIMX | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||
| a) | Name | Andrew Dennan | ||
| 2 | Reason for the notification | |||
| a) | Position/status |
PDMR (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 | Ascent Resources plc | ||
| b) | LEI | 213800Q8R5GV7DLNEL37 | ||
| 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 £0.005 each | ||
| | Identification code | GB00BJVH7905 | ||
| b) | Nature of the transaction | Purchase of ordinary shares | ||
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) | |
| £0.03749474 £0.038
| 190,000 50,000 | |||
| d) | Aggregated information | | ||
| | Aggregated volume | 240,000 | ||
| | Price | Aggregate: £9,024.00 Average: 0.0376p
| ||
| e) | Date of the transaction | 13 December 2021 | ||
| f) | Place of the transaction | AIMX | ||
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