Director and PCA Share
Dealings
20
March 2025 - Singapore: Jadestone Energy plc
(AIM:JSE) ("Jadestone" or the "Company"), an independent upstream
production and development company focused on the Asia-Pacific
region, announces the following share dealings.
Andrew Fairclough, Executive
Director and Chief Financial Officer of Jadestone, has acquired a
total of 83,625 ordinary shares in the Company at an average price
of 23.9 GBp per share. Following the transaction, Mr. Fairclough
holds a total of 83,625 shares, which represents 0.02% of the
Company's issued share capital.
David Mendelson, Non-Executive
Director, has acquired a total of 83,466 ordinary shares in the
Company at an average price of 23.9 GBp per share. Sarah Mendelson,
a person closely associated with David Mendelson, has acquired a
total of 83,467 ordinary shares in the Company at an average price
of 23.9 GBp per share. Following these transactions, Mr. Mendelson
holds or is interested in a total of 166,933 shares, which
represents 0.03% of the Company's issued share capital.
The FCA notifications, made in
accordance with the requirements of the UK Market Abuse Regulation,
are appended below and give further details on the transactions
described above.
DEALING NOTIFICATION
FORMS FOR USE BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED
PERSONS
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Andrew Fairclough
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Executive Director and Chief
Financial Officer
|
|
b)
|
Initial
notification/Amendment:
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Jadestone Energy Plc
|
|
b)
|
LEI:
|
21380076GWJ8XDYKVQ37
|
|
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:
Identification code:
|
Ordinary shares of £0.001 each in
the share capital of Jadestone Energy plc
ISIN: GB00BLR71299
|
|
b)
|
Nature of the
transaction:
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s):
|
23.90 GBp and 83,625 ordinary
shares
|
|
d)
|
Aggregated information:
· Aggregated volume:
· Price:
|
83,625 ordinary shares
23.90 GBp
|
|
e)
|
Date of the transaction:
|
18 March 2025
|
|
f)
|
Place of the transaction:
|
AIMX
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
David Mendelson
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment:
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Jadestone Energy Plc
|
|
b)
|
LEI:
|
21380076GWJ8XDYKVQ37
|
|
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:
Identification code:
|
Ordinary shares of £0.001 each in
the share capital of Jadestone Energy plc
ISIN: GB00BLR71299
|
|
b)
|
Nature of the
transaction:
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s):
|
23.90 GBp and 83,466 ordinary
shares
|
|
d)
|
Aggregated information:
· Aggregated volume:
· Price:
|
83,466 ordinary shares
23.90 GBp
|
|
e)
|
Date of the transaction:
|
19 March 2025
|
|
f)
|
Place of the transaction:
|
LSE
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Sarah Mendelson
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Wife of David Mendelson, a
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment:
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Jadestone Energy Plc
|
|
b)
|
LEI:
|
21380076GWJ8XDYKVQ37
|
|
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:
Identification code:
|
Ordinary shares of £0.001 each in
the share capital of Jadestone Energy plc
ISIN: GB00BLR71299
|
|
b)
|
Nature of the
transaction:
|
Purchase of ordinary
shares
|
|
c)
|
Price(s) and volume(s):
|
23.90 GBp and 83,467 ordinary
shares
|
|
d)
|
Aggregated information:
· Aggregated volume:
· Price:
|
83,467 ordinary shares
23.90 GBp
|
|
e)
|
Date of the transaction:
|
19 March 2025
|
|
f)
|
Place of the transaction:
|
LSE
|
-ends-
For further information, please
contact:
|
Jadestone Energy plc
|
|
|
Phil Corbett, Head of Investor
Relations
|
+44 (0) 7713 687467 (UK)
|
|
|
ir@jadestone-energy.com
|
|
|
|
|
Stifel Nicolaus Europe Limited (Nomad, Joint
Broker)
|
+44 (0) 20 7710 7600 (UK)
|
|
Callum Stewart
|
|
|
Jason Grossman
|
|
|
Ashton Clanfield
|
|
|
|
|
|
Peel
Hunt LLP (Joint Broker)
|
+44 (0) 20 7418 8900 (UK)
|
|
Richard Crichton
|
|
|
David McKeown
|
|
|
Georgia Langoulant
|
|
|
|
|
|
Camarco (Public Relations Advisor)
|
+44 (0) 203 757 4980 (UK)
|
|
Billy Clegg
|
jse@camarco.co.uk
|
|
Georgia Edmonds
|
|
|
Poppy Hawkins
|
|
About Jadestone Energy
Jadestone Energy plc is an
independent upstream company focused on the Asia-Pacific region. It
has a balanced and increasingly diversified portfolio of production
and development assets in Australia, Malaysia, Indonesia, Thailand
and Vietnam, all stable jurisdictions with a positive upstream
investment climate.
The Company is pursuing a strategy
to grow and diversify the Company's production base both
organically, through developments such as at Akatara in Indonesia,
Nam Du/U Minh in Vietnam and the Puteri Cluster offshore Malaysia,
as well as through acquisitions that fit within Jadestone's
financial framework and play to the Company's strengths in managing
maturing oil assets. Jadestone delivers value in its acquisition
strategy by enhancing returns through operating efficiencies, cost
reductions and increased production through further
investment.
Jadestone is a responsible operator
and well positioned for the energy transition through its
increasing gas production, by maximising recovery from existing
brownfield developments and through its Net Zero pledge on Scope 1
& 2 GHG emissions from operated assets by 2040. This strategy
is aligned with the IEA Net Zero by 2050 scenario, which stresses
the necessity of continued investment in existing upstream assets
to avoid an energy crisis and meet demand for oil and gas through
the energy transition.
Jadestone Energy plc (LEI:
21380076GWJ8XDYKVQ37) is listed on the AIM market of the London
Stock Exchange (AIM: JSE). The Company is headquartered in
Singapore. For further information on the Company please
visit www.jadestone-energy.com.
The
information contained within this announcement is considered to be
inside information prior to its release, as defined in Article 7 of
the Market Abuse Regulation No. 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act
2018.
