Sterling Energy PLC PDMR Dealings (8414W)
23 Aprile 2019 - 4:23PM
UK Regulatory
TIDMSEY
RNS Number : 8414W
Sterling Energy PLC
23 April 2019
STERLING ENERGY PLC
PDMR Dealings
Sterling Energy Plc ("Sterling" or the "Company"), the AIM
listed oil and gas exploration company with a high potential
exploration asset in Somaliland and an active strategy to deliver
shareholder value through disciplined, exploration and production
projects, announces that Waterford Finance & Investment
Limited, (an entity owned by the Kroupeev Family Trust which
Michael Kroupeev, non-executive chairman is a beneficiary of), sold
500,000 ordinary shares on 18 April 2019 of GBP0.10 each in the
Company at 11.6 pence per share. As a result of this trade, Michael
Kroupeev is now beneficially interested in 64,315,517 shares,
representing approximately 29.2% of the Company's issued share
capital.
1. Details of the person discharging managerial responsibilities / person closely associated
a. Name Michael Kroupeev
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2. Reason for the notification
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a. Position/status Non-Executive Chairman
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b. Initial notification/Amendment Initial Notification
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3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
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a. Name Sterling Energy Plc
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b. LEI 21380028BFDFJK8BRX92
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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
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a. Description of the Financial instrument, type Ordinary shares of GBP0.10 per share par value
of instrument
Identification code
GB00B4X3Q493
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b. Nature of the transaction Disposal of Shares
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c. Price(s) and volume(s) Price(s) Volume(s)
11.6p 500,000
----------
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d. Aggregated information
* Aggregated volume 500,000
11.6p
* Price
--------------------------------------------------------------- -----------------------------------------------
e. Date of the transaction 18 April 2019
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f. Place of the transaction London Stock Exchange, AIM
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Sterling Energy Plc Tel: +44 (0) 20 7405 4133
David Marshall, Chief Executive
Officer
Michael Kroupeev (Chairman)
Peel Hunt LLP Tel: +44 (0) 20 7418 8900
Richard Crichton
James Bavister
www.sterlingenergyplc.com Ticker Symbol: SEY
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END
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