Ascent Resources PLC Director/PDMR Shareholding
24 Dicembre 2024 - 8:00AM
RNS Regulatory News
RNS Number : 1809R
Ascent Resources PLC
24 December 2024
24 December 2024
Ascent Resources
plc
("Ascent" or the
"Company")
Director / PDMR
Shareholding
Ascent Resources Plc (LON: AST)
announces the following indirect and direct
dealings made by Andrew Dennan, the Company's Chief Executive
Officer:
On Friday, 20 December 2024 the
Company was notified that C4 Energy Limited had sold 2,173,913
Ordinary shares of £0.005 each ("Shares")in the Company at a price
of 2.2023p per Share, and as a result, now holds no shares in the
Company. Mr Dennan holds a 25% beneficial interest in C4 Energy
Limited as announced to the market on 23 April 2024 and therefore
had a resulting indirect interest in 543,478 Shares through C4
prior to their sale.
Yesterday, 23 December 2024, Mr
Dennan purchased a total of 550,000 Shares in the Company at a
price of 1.9p per Share.
Following the acquisition Mr Dennan
is now directly interested in 2,690,000 Shares in the Company,
representing 0.98% percent of the Company's issued ordinary share
capital.
The notification below, made in
accordance with the requirements of the Market Absue regulations,
provides further details.
Enquiries:
Ascent Resources plc
Andrew Dennan
|
Via Vigo Communications
|
Zeus Capital, Nominated Adviser & Broker
James Joyce / James
Bavister
|
0203 829 5000
|
Novum Securities, Joint Broker
John Belliss / Colin
Rowbury
|
0207 399 9400
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
C4 Energy Limited
|
2
|
Reason for the notification
|
a)
|
Position/status
|
A private Company in which Andrew
Dennan (CEO of Ascent) holds a 25% beneficial interest
|
b)
|
Initial
notification/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Ascent Resources plc
|
|
b)
|
LEI
|
213800Q8R5GV7DLNEL37
|
|
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 instrument
|
Ordinary shares of £0.005
each
|
|
|
Identification code
|
GB00BJVH7905
|
|
b)
|
Nature of the transaction
|
Sale of ordinary shares
|
|
c)
|
Price(s) and volumes(s)
|
Price(s)
|
Volume(s)
|
|
£0.022023
|
2,173,913
|
|
d)
|
Aggregated information
|
|
|
|
Aggregated volume
|
2,173,913
|
|
|
Price
|
£47,876.08
|
|
e)
|
Date of the transaction
|
20 December 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
|
|
|
|
|
|
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Andrew Dennan
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Executive Officer
|
b)
|
Initial
notification/Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Ascent Resources plc
|
|
b)
|
LEI
|
213800Q8R5GV7DLNEL37
|
|
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 instrument
|
Ordinary shares of £0.005
each
|
|
|
Identification code
|
GB00BJVH7905
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volumes(s)
|
Price(s)
|
Volume(s)
|
|
£0.019
|
550,000
|
|
d)
|
Aggregated information
|
|
|
|
Aggregated volume
|
550,000
|
|
|
Price
|
£10,450
|
|
e)
|
Date of the transaction
|
23 December 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
|
|
|
|
|
|
|
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