RNS Number : 9637Z
Igas Energy PLC
20 March 2017
 

 

20 March 2017

 

IGas Energy plc (AIM: IGAS)

("IGas" or the "Company")

 

Notification of Transactions by a Director/PDMR

The Company was today informed that Robert McTighe, Non-Executive Director, today acquired 300,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 4.7725 pence per share. Following this transaction Robert McTighe's beneficial interest in Ordinary Shares is now 550,000, representing approximately 0.18 percent of the Company's issued ordinary share capital*.

* In addition to these disclosed interests it was announced on 17 March 2017 that Mr McTighe had agreed to subscribe for 11,111,111 new ordinary shares in the capital of the Company at a price of 4.5p per share in a fundraising which is subject to, inter alia, shareholder approval, on 3 April 2017.

1 - Details of the person discharging managerial responsibilities / person closely associated

 

Must complete either for a natural person or a legal person. If completing for a legal person, please include the legal form as provided for in the register where it is incorporated, if applicable.

 

Name of natural person                                      Robert McTighe

 

Legal person

 

2 - Reason for the notification

 

For persons discharging managerial responsibilities:

- The position occupied within the issuer, emission allowance market participant / auction platform / auctioneer / auction monitor should be indicated e.g. CEO, CFO.

 

For persons closely associated with:

- An indication that the notification concerns a person closely associated with a person discharging managerial responsibilities;

- Name and position of the relevant person discharging managerial responsibilities

 

Position/status                                                     Director

 

Initial notification/amendment                         Initial Notification

 

 

3 - Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

Full name of the entity                                        IGas Energy plc

 

Legal Entity Identifier code                               213800S8WP2L294NR559

In accordance with ISO 1744 LEI code.

 


 

4 - Details of the transaction(s)

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of

transaction; (iii) each date; (iv) each place where transactions have been conducted

 

Transaction(s) summary table

 


Date Of Transaction

 

Financial Instrument

 

Identification Code

 

Place Of Transaction

 

Currency

2017-03-20

Ordinary Shares of 10p

GB00B29PWM59

XLON

GBP - British Pound

Nature Of Transaction:

 

Market purchase


Price

Volume

Total

0.05

300000

14317.50

0.00

0

0.00

Aggregated

0.048

300000

14317.50

 

For further information please contact:

IGas Energy plc

Tel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Julian Tedder, Chief Financial Officer

Ann-marie Wilkinson, Director of Corporate Affairs

 

Investec Bank plc (NOMAD and Joint Corporate Broker)

Tel: +44 (0)20 7597 4000

Sara Hale/Jeremy Ellis/George Price

 

Canaccord Genuity (Joint Corporate Broker)

Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor

 

Vigo Communications

Tel: +44 (0)20 7830 9700

Patrick d'Ancona/Chris McMahon

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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