1 July 2024
Challenger Energy Group PLC
("Challenger Energy" or the "Company")
Director/PDMR Shareholding
Challenger Energy (AIM: CEG), an Atlantic margin focused oil and gas company, announces that Iain McKendrick, chairman of the Company, has, on 28 June 2024, purchased 35,459,902 ordinary shares in the Company at 0.1403p each. As a result of this transaction Iain McKendrick's holds a total of 85,459,902 ordinary shares representing approximately 0.8% the Company's issued share capital
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a) | Name | Iain McKendrick | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chairman | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Challenger Energy Group plc | |||
| b) | LEI | 2138007V1WVFQ52DLS75 | |||
| 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 | Ordinary shares of 0.02 pence each | |||
| | | ||||
| | | ||||
| Identification code | IM00BN2RD444 | ||||
| | | ||||
| b)
| Nature of the transaction | Acquisition of shares | |||
| .c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| Ordinary Shares | | 0.1403p | 35,459,902 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | Ordinary Shares | ||||
| - Aggregated volume | 35,459,902 | ||||
| - Price | £49,750.24 | ||||
| | | ||||
|
| | ||||
| e) | Date of the transaction | 28 June 2024 | |||
| f) | Place of the transaction | London Stock Exchange (XLON) | |||
For further information, please contact:
| Challenger Energy Group PLC Eytan Uliel, Chief Executive Officer | Tel: +44 (0) 1624 647 882 |
| WH Ireland - Nomad and Joint Broker Antonio Bossi / Darshan Patel / Isaac Hooper | Tel: +44 (0) 20 7220 1666 |
| Zeus Capital - Joint Broker Simon Johnson | Tel: +44 (0) 20 3829 5000
|
| Gneiss Energy Limited - Financial Adviser Jon Fitzpatrick / Paul Weidman / Doug Rycroft | Tel: +44 (0) 20 3983 9263 |
| CAMARCO Billy Clegg / Hugo Liddy / Sam Morris | Tel: +44 (0) 20 3757 4980 |
Notes to Editors
Challenger Energy is an Atlantic-margin focused energy company, with production, development, appraisal, and exploration assets in the region. The Company's primary assets are located in Uruguay, where the Company holds high impact offshore exploration licences. Challenger Energy is quoted on the AIM market of the London Stock Exchange.
ENDS
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