11/24/2020 | Press release | Distributed by Public on 11/24/2020 01:58
Cadogan Petroleum Plc
('Cadogan' or the 'Company')
CEO Dealings - Market Share Purchase
Cadogan Petroleum plc ('Cadogan' or the 'Company') today announces that its CEO, Mr. Fady Khallouf, has purchased on 20 November 2020 95,000 ordinary shares of £0.03 each, in the capital of the Company, on the London Stock Exchange at a price of £0.025 each.
Following this purchase Mr Fady Khallouf holds in total 8,337,031 shares representing 3.41 % of the Company.
Cadogan is an independent, diversified oil and gas company, which operates exploration and production licenses in Western Ukraine, conducts gas trading operations, and provides services to E&P companies.
For further information, please contact:
Cadogan Petroleum plc
Fady Khallouf Chief Executive Officer [email protected]
Ben Harber Company Secretary +44 0207 264 4366
The notification detailed above and summarised in the table below is made in accordance with the requirements of the EU Market Abuse Regulations as follows:
Fady Khallouf, CEO purchased 95,000 shares at £0.025 per share on 20 November 2020.
|1.||Details of PDMR/ person closely associated with them ('PCA')|
|2.||Reason for the notification|
|a)||Position/status||Chief Executive Officer|
|b)||Initial notification / Amendment||Initial notification of purchase of shares|
|3.||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|a)||Name||Cadogan Petroleum plc|
|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|
Description of the financial instrument, type of instrument
Ordinary shares of 3 pence each
|b)||Nature of the transaction||Purchase of ordinary shares|
|c)||Price(s) and volume(s)||
|e)||Date of the transaction||20 November 2020|
|f)||Place of the transaction||XLON|