Circle Oil PLC Director/PDMR Shareholding (5692R)
June 29 2015 - 12:13PM
UK Regulatory
TIDMCOP
RNS Number : 5692R
Circle Oil PLC
29 June 2015
29 June 2015
Circle Oil Plc
("Circle" or the "Company")
Director / PDMR Shareholding Notification
Circle Oil Plc (AIM: COP), the international oil and gas
exploration, development and production company, announces that it
was informed today that Mr Mitch Flegg, the Chief Executive Officer
and Director of the Company, today purchased 93,000 ordinary shares
at 10.7 pence per share representing 0.02% of the Company's issued
capital.
Following this purchase Mr Flegg is interested in a total of
93,000 ordinary shares representing 0.02% of the Company's issued
capital.
For further information contact:
Circle Oil Plc (+44 20 7638 9571)
Steve Jenkins, Chairman
Investec (+44 20 7597 5970)
Chris Sim
George Price
James Rudd
Citigate Dewe Rogerson (+44 20 7638 9571)
Martin Jackson
Shabnam Bashir
Murray Consultants (+353 1 498 0300)
Joe Heron
Pat Walsh
Notes to Editors
Circle Oil Plc (AIM: COP) is an international oil & gas
exploration, development and production Company holding a portfolio
of assets in Morocco, Tunisia, and Egypt with a combination of
low-risk, near-term production, and significant upside exploration
potential. The Company listed on AIM in October 2004.
Internationally, the Company has assets in the Rharb Basin,
Morocco; the Ras Marmour Permit in southern Tunisia; the Beni
Khalled permit in northern Tunisia: the Mahdia Permit offshore
Tunisia, and the NW Gemsa permit in the Zeit Bay area of Egypt.
Circle's strategy is to locate and secure additional licences in
prospective hydrocarbon provinces and, through targeted investment
programmes, monetise the value in those assets for the benefit of
shareholders. This could be achieved through farm-outs to selected
partners who would then invest in and continue the development of
the asset into production, or Circle may opt to use its own
expertise to appraise reserves and bring assets into production,
generating sustained cash flow for further investment.
Further information on Circle is available on its website at
www.circleoil.net.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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