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Zenith Energy Ltd.'s CEO & President, Andrea Cattaneo, and Executive Director & CFO, Luca Benedetto, participated in an equity issuance (Swedish Offering) on September 25, 2025, by subscribing for new common shares at SEK 0.45 per share. Mr. Cattaneo subscribed for 5,622,009 shares, increasing his direct beneficial interest to 56,623,423 common shares (10.33% of total issued capital); Mr. Benedetto subscribed for 1,614,059 shares, resulting in a direct beneficial interest of 16,256,389 common shares (2.96%).
| Date | 25 Sept 2025 |
| Time | 09:35:50 |
| Category | Director/PDMR dealings |
| ID | 8169A |
September 25, 2025
ZENITH ENERGY LTD.
("Zenith" or the "Company")
Director/ PDMR Shareholding
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international energy production and development company, is pleased to announce that its Chief Executive Officer & President, Mr. Andrea Cattaneo, and Mr. Luca Bendetto, Executive Director & Chief Financial Officer, have advised the Company that they have participated in the recently announced equity issuance in connection with Zenith's admission to the Spotlight Stock Market in Sweden (the "Swedish Offering").
Mr. Andrea Cattaneo, Chief Executive Officer & President of Zenith, has participated in the Swedish Offering by subscribing for 5,622,009 New Common Shares of no-par value in the capital of the Company.
Following the Swedish Offering, Mr. Cattaneo will be directly beneficially interested in a total of 56,623,423 common shares in the capital of the Company, representing 10.33% percent of the total issued and outstanding common share capital of the Company admitted to trading on the Euronext Growth Oslo.
Mr. Luca Benedetto, Chief Financial Officer of Zenith, participated in the Swedish Offering by subscribing for 1,614,059 New Common Shares of no-par value in the capital of the Company.
Following the Swedish Offering, Mr. Benedetto will be directly beneficially interested in a total of 16,256,389 common shares in the capital of the Company, representing 2.96% percent of the total issued and outstanding common share capital of the Company admitted to trading on the Euronext Growth Oslo.
Further Information:
|
Zenith Energy Ltd |
Tel: +1 (587) 315 1279 |
Notes to Editors:
Zenith Energy Ltd. is a revenue generating, independent energy company with energy production, exploration and development assets in North Africa, the US and Europe. The Company is listed on the London Stock Exchange Main Market (LSE: ZEN), the Euronext Growth of the Oslo Stock Exchange (OSE: ZENA) and has received conditional approval for listing on the Spotlight Stock Market in Sweden.
Zenith's strategic focus is on pursuing development opportunities through the development of proven revenue generating energy production assets, as well as low-risk exploration activities in assets with existing production.
For more information, please visit: www.zenithenergy.ca
Twitter: @zenithenergyltd
LinkedIn: https://bit.ly/3A5PRJb
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Andrea Cattaneo |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer & President |
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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 |
Zenith Energy Ltd. |
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|
b) |
LEI |
213800AYTYOYD61S4569 |
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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 instrument |
Common Shares |
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Identification code |
CA98936C8584 |
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b) |
Nature of the transaction |
Subscription for Common Shares |
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c) |
Price(s) and volumes(s) |
Price(s) SEK 0.45 |
Volume(s) 5,622,009 |
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d) |
Aggregated information |
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Aggregated volume |
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Aggregated price |
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e) |
Date of the transaction(s) |
September 25, 2025 |
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f) |
Place of the transaction |
Spotlight Market Sweden |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Luca Benedetto |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer & 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 |
Zenith Energy Ltd. |
|
|
b) |
LEI |
213800AYTYOYD61S4569 |
|
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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 |
||
|
a) |
Description of the financial instrument, type of instrument |
Common Shares |
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Identification code |
CA98936C8584 |
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b) |
Nature of the transaction |
Subscription for Common Shares |
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c) |
Price(s) and volumes(s) |
Price(s) SEK 0.45 |
Volume(s) 1,614,059 |
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d) |
Aggregated information |
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|
Aggregated volume |
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Aggregated price |
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|
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e) |
Date of the transaction(s) |
September 25, 2025 |
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f) |
Place of the transaction |
Spotlight Market Sweden |
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