TIDMAST

RNS Number : 7757W

Ascent Resources PLC

14 February 2017

Ascent Resources plc

("Ascent" or the "Company")

Director's dealing

The Company has been notified of the following acquisition, on 13 February 2017, of ordinary shares by a Director of the Company, as part of the underwritten offer of 161,500,000 new ordinary shares at 1.85p per share:

 
1   Details of the person discharging managerial responsibilities/person closely associated 
a)   Name                                                     Colin Hutchinson 
2   Reason for the notification 
a)   Position / status                                        Chief Executive Officer 
b)   Initial notification / amendment                         Initial notification 
3   Details of issuer 
a)   Name                                                     Ascent Resources plc 
b)   LEI                                                      (not available) 
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         Ordinary 0.2p shares in Ascent Resources plc 
     instrument 
     Identification code                                       GB00BZ16J374 
b)   Nature of the transaction                                Purchase pursuant to offer of new ordinary shares in the 
                                                              Company 
c)   Price(s) and volume(s)                                    Price                  Volume 
                                                                1.85 pence per share   270,270 
d)   Aggregated information                                    Price                 Volume   Total 
                                                                1.85 pence per share  270,270  GBP5,000.00 
e)   Date of the transaction                                  13 February 2017 
f)  Place of the transaction                                  Outside of trading venue

Enquiries:

Ascent Resources plc 0207 251 4905

Clive Carver, Chairman

Colin Hutchinson, CEO

   Stockdale Securities Limited, Nominated Adviser and Joint Broker         0207 601 6100

Richard Johnson

Edward Thomas

Northland Capital Partners Limited, Joint Broker 0203 861 6625

Tom Price

IFC Advisory Ltd, Financial PR and IR 0203 053 8671

Tim Metcalfe

Heather Armstrong

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 14, 2017 02:00 ET (07:00 GMT)

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