Hurricane Energy PLC Director/PDMR Shareholding (0416A)
September 24 2020 - 7:49AM
UK Regulatory
TIDMHUR
RNS Number : 0416A
Hurricane Energy PLC
24 September 2020
24 September 2020
Hurricane Energy plc
("Hurricane" or the "Company")
Director/PDMR Shareholdings
Hurricane Energy plc, the UK based oil and gas company, has been
notified of transactions by Hurricane directors and Persons
Discharging Managerial Responsibility ("PDMRs") in ordinary shares
of GBP0.001 each in the Company ("Ordinary Shares").
A summary of the transactions follows:
Name Position Ordinary Average Price
Shares Purchased Paid per Ordinary
Share
Steven McTiernan Chairman 150,000 2.9700p
-------------------------- ------------------ -------------------
Dr David Jenkins Non-Executive Director 145,000 2.9718p
-------------------------- ------------------ -------------------
John van der
Welle Non-Executive Director 150,000 2.9300p
-------------------------- ------------------ -------------------
Sandra Shaw Non-Executive Director 164,474 3.0400p
-------------------------- ------------------ -------------------
Beverley Smith Non-Executive Director 334,448 2.9900p
-------------------------- ------------------ -------------------
Antony Maris Chief Executive Officer 169,084 2.9571p
-------------------------- ------------------ -------------------
Steve Holmes Chief Operations Officer 49,198 3.0187p
-------------------------- ------------------ -------------------
The below information is intended to satisfy the Company's
obligations under Article 19(3) of EU Regulation No 596/2014 (the
Market Abuse Regulation).
1. Details of the person discharging managerial responsibilities
a) Name: a) Steven McTiernan
b) Dr David Jenkins
c) John van der Welle
d) Sandra Shaw
e) Beverley Smith
f) Antony Maris
g) Steve Holmes
-------------------------------- ------------------------------------------
2. Reason for the notification
----------------------------------------------------------------------------
a) Position/status: a) Chairman
b) Non-Executive Director
c) Non-Executive Director
d) Non-Executive Director
e) Non-Executive Director
f) Chief Executive Officer
g) Chief Operations Officer
-------------------------------- ------------------------------------------
b) Initial notification/Amendment: Initial Notification
-------------------------------- ------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name Hurricane Energy plc
-------------------------------- ------------------------------------------
b) LEI: 2138007Z66OO4XWKM819
-------------------------------- ------------------------------------------
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 Ordinary shares of 0.1p each in Hurricane
financial instrument, Energy plc ("Shares")
type of instrument: ISIN: GB00B580MF54
Identification code:
-------------------------------- ------------------------------------------
b) Nature of the transaction: Open market purchase of Shares.
-------------------------------- ------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
a) 2.9700p a) 150,000
b) 2.9718p b) 145,000
c) 2.9300p c) 150,000
d) 3.0400p d) 164,474
e) 2.9900p e) 334,448
f) 2.9571p f) 169,084
g) 3.0187p g) 49,198
------------
-------------------------------- ------------------------------------------
d) Aggregated information: See above 4 (c)
-------------------------------- ------------------------------------------
e) Date of the transaction: (a)/(b)/(c)/(e)/(f)/(g): 23 September
2020
(d): 24 September 2020
-------------------------------- ------------------------------------------
f) Place of the transaction: London Stock Exchange (AIM)
-------------------------------- ------------------------------------------
Contacts:
Hurricane Energy plc
Antony Maris, Chief Executive Officer +44 (0)1483 862
Philip Corbett, Head of Investor Relations 820
Stifel Nicolaus Europe Limited
Nominated Adviser & Joint Corporate Broker
Callum Stewart / Ashton Clanfield +44 (0)20 7710 7600
Morgan Stanley & Co. International plc
Joint Corporate Broker
Andrew Foster / Tom Perry / Alex Smart +44 (0)20 7425 8000
Vigo Communications
Public Relations
Patrick d'Ancona / Ben Simons
hurricane@vigocomms.com +44 (0)20 7390 0230
About Hurricane
Hurricane was established to discover, appraise and develop
hydrocarbon resources associated with naturally fractured basement
reservoirs. The Company's acreage is concentrated on the Rona
Ridge, in the West of Shetland region of the UK Continental
Shelf.
The Lancaster field (100% owned by Hurricane) is the UK's first
producing basement field. Hurricane is pursuing a phased
development of Lancaster, starting with an Early Production System
consisting of two wells tied-back to the Aoka Mizu FPSO.
Hydrocarbons were introduced to the FPSO system on 11 May 2019 and
the first oil milestone was achieved on 4 June 2019.
In September 2018, Spirit Energy farmed-in to 50% of the Lincoln
and Warwick assets, committing to a phased work programme targeting
sanction of an initial stage of full field development.
Glossary
FPSO Floating production storage and offloading
vessel
Spirit Energy Spirit Energy Limited
===========================================
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 rns@lseg.com or visit www.rns.com.
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.
END
DSHBBGDCRSDDGGS
(END) Dow Jones Newswires
September 24, 2020 07:49 ET (11:49 GMT)
Hurricane Energy (LSE:HUR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Hurricane Energy (LSE:HUR)
Historical Stock Chart
From Sep 2023 to Sep 2024