Source - LSE Regulatory
RNS Number : 7925D
Southern Energy Corp.
24 October 2022




Calgary, Alberta - October 24, 2022 - Southern Energy Corp. ("Southern" or the "Company") (SOU: TSXV) (AIM:SOUC) (OTCQX:SOUTF) announces the following purchase of common shares of no par value in the capital of the Company ("Common Shares").


The notification below, made in accordance with the requirements of the EU Market Abuse Regulation (as applied to UK law), provides further detail on the applicable transaction.



Details of the person discharging managerial responsibilities / person closely associated



Joseph Nally


Reason for the notification



Non-Executive Director


Initial notification /Amendment

Initial notification


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



Southern Energy Corp.





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


Description of the financial instrument, type of instrument

Common Shares in Southern Energy Corp.

Identification code



Nature of the transaction

Purchase of Common Shares


Price(s) and volume(s)

50,000 common shares at a price of GBP0.5595 per share


Aggregated information

N/A, single transaction


Date of the transaction

20 October 2022


Place of the transaction

Outside of a trading venue


For further information, please contact:


Southern Energy Corp.

Ian Atkinson (President and CEO)

Calvin Yau (CFO)


+1 587 287 5401

+1 587 287 5402



Strand Hanson Limited - Nominated & Financial Adviser

James Spinney / James Bellman 


Hannam & Partners - Joint Broker

Samuel Merlin / Ernest Bell


Canaccord Genuity - Joint Broker

Henry Fitzgerald-O'Connor / James Asensio

+44 (0) 20 7409 3494



+44 (0) 20 7907 8500



+44 (0) 20 7523 8000






Owen Roberts / Billy Clegg / Hugo Liddy


+44 (0) 20 3757 4980



About Southern Energy Corp.


Southern Energy Corp. is a natural gas exploration and production company. Southern has a primary focus on acquiring and developing conventional natural gas and light oil resources in the southeast Gulf States of Mississippi, Louisiana, and East Texas. Our management team has a long and successful history working together and have created significant shareholder value through accretive acquisitions, optimization of existing oil and natural gas fields and the utilization of re-development strategies utilizing horizontal drilling and multi-staged fracture completion techniques.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).




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 or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Southern Energy Corp. (SOUC)

-0.25p (-2.08%)
delayed 15:57PM