02:30 Thu 30 May 2019
Zenith Energy Ltd - Notice of AGM & Director/PDMR Shareholding
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"). Upon publication of this announcement via a regulatory information service ("RIS"), the inside information contained in this document is now considered to be in the public domain.
("Zenith" or the "Company")
Notice of AGM & Director/PDMR Shareholding
The Company confirms that notice in relation to the AGM has been sent for distribution to all shareholders.
Director/PDMR Shareholding
In addition,
Following the aforementioned dealings,
As announced on
Further information:
|
|
|
Tel: +1 (587) 315 9031 |
|
E-mail: info@zenithenergy.ca |
|
|
|
Tel: + 44 (0) 207 469 0930 |
Lucy Williams |
|
Charles Goodfellow |
|
|
|
|
Tel: + 44 (0) 207 399 9400 |
Charlie Brook-Partridge |
|
Hugh McAlister |
|
|
|
|
|
|
Tel: + 44 (0) 203 934 6630 |
Graham Herring |
|
Miles Nolan |
|
Zach Cohen |
|
Notes to Editors:
The Company was assigned a medium to long-term issuer credit rating of "B+ with Positive Outlook" on
The Company operates the largest onshore oilfield in Azerbaijan following the signing of a 25-year REDPSA, (Rehabilitation, Exploration, Development and Production Sharing Agreement), with SOCAR,
The Company's primary focus is the development of its Azerbaijan operations by leveraging its technical expertise and financial resources to maximise low-cost oil production via a systematic field rehabilitation programme intended to achieve significantly increased revenue. Zenith also operates, or has working interests in, a number of natural gas production concessions in Italy. The Company's Italian operations produce natural gas, condensate and electricity.
Zenith's development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the onshore oil & gas sector. The Company's Board of Directors and senior management team have the experience and technical expertise to develop the Company successfully.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||
a) |
Name |
Andrea Cattaneo |
|
|
2 |
Reason for the notification |
|||
a) |
Position/status |
Chief Executive Officer & President |
|
|
b) |
Initial notification/Amendment |
Initial Notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
a) |
Name |
|
|
|
b) |
LEI |
213800AYTYOYD61S4569 |
|
|
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 |
|
|
|
Identification code |
CA98936C1068 |
|
|
b) |
Nature of the transaction |
Purchase of Common Shares |
|
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
|
|
100,000 |
|
||
d) |
Date of the transaction(s) |
May 23, 2019 |
|
|
e) |
Place of the transaction |
|
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||
a) |
Name |
Andrea Cattaneo |
|
|
2 |
Reason for the notification |
|||
a) |
Position/status |
Chief Executive Officer & President |
|
|
b) |
Initial notification/Amendment |
Initial Notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
a) |
Name |
|
|
|
b) |
LEI |
213800AYTYOYD61S4569 |
|
|
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 |
|
|
|
Identification code |
CA98936C1068 |
|
|
b) |
Nature of the transaction |
Purchase of Common Shares |
|
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
|
|
100,000 |
|
||
d) |
Date of the transaction(s) |
May 24, 2019 |
|
|
e) |
Place of the transaction |
|
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||
a) |
Name |
Andrea Cattaneo |
|
|
2 |
Reason for the notification |
|||
a) |
Position/status |
Chief Executive Officer & President |
|
|
b) |
Initial notification/Amendment |
Initial Notification |
|
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||
a) |
Name |
|
|
|
b) |
LEI |
213800AYTYOYD61S4569 |
|
|
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 |
|
|
|
Identification code |
CA98936C1068 |
|
|
b) |
Nature of the transaction |
Transfer of Common Shares to a family member |
|
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
|
n/a |
1,500,000 |
|
||
d) |
Date of the transaction(s) |
May 28, 2019 |
|
|
e) |
Place of the transaction |
|
|
This information is provided by RNS, the news service of the
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE