Source - LSE Regulatory
RNS Number : 9309K
88 Energy Limited
31 August 2023
 

88 Energy Limited

 

Director Dealings

 

 

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) confirms that Dr Stephen Staley, Non-executive Director of the Company, elected to participate in the non-renounceable rights issue launched by the Company on 31 July 2023 and has taken up rights to acquire 1,451,883 ordinary shares in the Company directly, and a further 82,500 through a related company, Derwent Resources Limited ("DRL").

 

Following this participation, Dr Staley is interested in a total of 13,435,217 ordinary shares directly, and a further 907,500 ordinary shares through DRL.

 

 

Media and Investor Relations:

 

88 Energy Ltd

Ashley Gilbert, Managing Director 


Tel: +61 8 9485 0990

Email:investor-relations@88energy.com




Fivemark Partners, Investor and Media Relations


Andrew Edge

Tel: +61 410 276 744

Michael Vaughan

Tel: +61 422 602 720



EurozHartleys Ltd


Dale Bryan

Tel: + 61 8 9268 2829



Cenkos Securities Plc    

Tel: +44 (0)20 7397 8900

Derrick Lee 

Tel: +44 (0)131 220 6939

Pearl Kellie

Tel: +44 (0)131 220 9775

 

 

The information in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

1       

Details of PDMR/person closely associated with them ("PCA")

1.1    

Name

Stephen Staley

1.2    

Position/Status

Non-executive Director

1.3    

Initial notification / amendment

Initial notification

2       

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

2.1    

Name

88 Energy Limited

2.2    

LEI

213800YFW5171TD69V35

3       

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

3.1    

Description of the financial instrument

Identification code

Ordinary shares


AU00000088E2

3.2    

Nature of the transaction

Take up of rights / acquisition of fully paid ordinary shares, through the Company's non-renounceable rights issue

3.3    

Price(s) and volume(s)

Price(s)

Volume(s)

A$0.006

A$0.006

1,451,883 (directly)

82,500 (via Derwent Resources Limited)

3.4    

Aggregated information

·   Aggregated volume

·          Price

 

 

1,534,383

 

A$9,206.30

3.5    

Date of the transaction

 29th August 2023

3.6    

Place of the transaction

Outside of a trading venue

 

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END
 
 
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