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On 26 February 2024, Deltic Energy Plc announced that Peter Cowley, a Non-Executive Director, sold and purchased 50,924 ordinary shares of 10p each on 20 February 2024. These transactions, part of a Bed & ISA arrangement, occurred on the London Stock Exchange (AIMX) at prices of 35.7 pence (sale) and 35.8 pence (purchase), resulting in no change to the number of Ordinary Shares beneficially held by Mr. Cowley.
| Date | 26 Feb 2024 |
| Time | 17:39:45 |
| Category | Director/PDMR dealings |
| ID | 5124E |
Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources
26 February 2024
Deltic Energy Plc ("Deltic" or "the Company")
Director/PDMR Dealing
Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, announces that it was notified today that Peter Cowley, a Non-Executive Director of the Company, has sold and purchased 50,924 ordinary shares of 10p each ("Ordinary Shares") in the Company as part of a Bed & ISA arrangement.
There has been no change to the number of Ordinary Shares beneficially held by Mr Cowley as a result of these transactions.
Details of the transactions in Ordinary Shares are shown below.
For further information please contact the following:
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Deltic Energy Plc |
Tel: +44 (0) 20 7887 2630 |
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Graham Swindells / Andrew Nunn / Sarah McLeod |
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Allenby Capital Limited (Nominated Adviser) |
Tel: +44 (0) 20 3328 5656 |
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David Hart / Alex Brearley (Corporate Finance) |
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Stifel Nicolaus Europe Limited (Joint Broker) |
Tel: +44 (0) 20 7710 7600 |
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Callum Stewart / Simon Mensley / Ashton Clanfield |
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Canaccord Genuity Limited (Joint Broker) Adam James / Gordon Hamilton
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Tel: +44 (0) 20 7523 8000 |
About Deltic Energy Plc
Deltic has created a strategically located portfolio of high-quality gas exploration licences in the Southern North Sea over a number of licensing rounds. These licences are located in areas that have been underexplored despite significant discoveries such as Tolmount, Breagh, Pegasus and Cygnus, most of which have gone on to be developed and could provide ready access to export infrastructure for any future developments on Deltic's licence acreage.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
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1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Peter Cowley |
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2. |
Reason for the notification |
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a) |
Position / status |
Non-Executive Director |
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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 |
Deltic Energy Plc |
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b) |
LEI |
213800TS8K1D27AFP275 |
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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 of financial instrument Identification Code |
Ordinary Shares of 10p ISIN: GB00BNTY2N01
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b) |
Nature of the transaction |
Sale and Purchase of Ordinary Shares pursuant to a "Bed and ISA" process |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
N/A |
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e) |
Date of the transaction |
20 February 2024
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f) |
Place of the transaction |
London Stock Exchange (AIMX) |
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**ENDS**