TIDMJOG

RNS Number : 3395B

Jersey Oil and Gas PLC

29 January 2020

29 January 2020

Jersey Oil and Gas plc

("Jersey Oil & Gas" or the "Company")

Director Dealing

Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, was today notified of the following acquisition of ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") on 29 January 2020 by a director of the Company:

 
         Director              Number of          Price per      Resultant Holding    % of Issued 
                                Ordinary           Ordinary         of Ordinary       Share Capital 
                             Shares Acquired    Share Acquired         Shares 
                                                     (p) 
 Marcus Stanton 
  Non-Executive Chairman         10,000              122              80,000             0.37% 
                           -----------------  ----------------  ------------------  ---------------

Enquiries:

 
 Jersey Oil & Gas plc          Andrew Benitz, CEO   C/o Camarco: 
                                                     Tel: 020 3757 4983 
 Strand Hanson Limited         James Harris         Tel: 020 7409 3494 
                                Matthew Chandler 
                                James Bellman 
 Arden Partners plc            Paul Shackleton      Tel: 020 7614 5900 
                                Benjamin Cryer 
 BMO Capital Markets Limited   Jeremy Low           Tel: 020 7236 1010 
                                Tom Rider 
 Camarco                       Billy Clegg          Tel: 020 3757 4983 
                                James Crothers

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR").

PDMR Notification Form

The notification below is made in accordance with the requirements of MAR.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Marcus Stanton 
     --------------------------------  ------------------------------------- 
 2.   Reason for the Notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                   Non-Executive Chairman (Director) 
     --------------------------------  ------------------------------------- 
 b)   Initial notification/amendment    Initial notification 
     --------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                              Jersey Oil & Gas plc 
     --------------------------------  ------------------------------------- 
 b)   LEI                               213800RIR1SZC1734G32 
     --------------------------------  ------------------------------------- 
 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      Ordinary shares of 1 penny each 
       instrument, type of instrument 
     --------------------------------  ------------------------------------- 
      Identification code               GB00BYN5YK77 
     --------------------------------  ------------------------------------- 
 b)   Nature of the Transaction         Purchase of ordinary shares - market 
                                         transaction 
     --------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          GBP1.22     10,000 
                                                     ---------- 
     --------------------------------  ------------------------------------- 
 d)   Aggregated information            N/A (Single transaction) 
       Aggregated volume Price 
     --------------------------------  ------------------------------------- 
 e)   Date of the transaction           29 January 2020 
     --------------------------------  ------------------------------------- 
 f)   Place of the transaction          London Stock Exchange, AIM Market 
                                         (XLON) 
     --------------------------------  -------------------------------------

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.

END

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January 29, 2020 10:30 ET (15:30 GMT)

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