14 December 2020
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Ascent Resources plc
("Ascent" or the "Company")
Director / PDMR Shareholding
Ascent Resources Plc (LON: AST) the onshore Caribbean, Hispanic American and European energy and natural resources company, announces that James Parsons, the Company's Executive Chairman, has purchased through his SIPP a total of 174,147 ordinary shares in the Company at a price of 5.74p per share.
Following the acquisition Mr Parsons is now interested in 341,947 ordinary shares in the Company, representing 0.359 percent of the Company's issued ordinary share capital.
The notification below, made in accordance with the requirements of the Market Absue regulations, provides further details.
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Enquiries:
| Ascent Resources plc Andrew Dennan � | Via Vigo Communications � |
| WH Ireland, Nominated Adviser & Broker James Joyce / Chris Savidge | 0207 220 1666 |
| Novum Securities, Joint Broker John Belliss � | 0207 399 9400 |
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 | |||||
| a) | Name | James Parsons | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | � PDMR (Executive Chairman) � | ||||
| b) | Initial notification/Amendment | Initial Notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | � | ||||
| a) | Name | Ascent Resources plc | � | |||
| b) | LEI | 213800Q8R5GV7DLNEL37 | � | |||
| 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 �0.005 each | � | |||
| | Identification code | GB00BJVH7905 | � | |||
| b) | Nature of the transaction | Purchase of ordinary shares | � | |||
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) | � | ||
| �0.0574 � | 174,147 � | � | ||||
| d) | Aggregated information | N/A | � | |||
| | Aggregated volume | N/A | � | |||
| | Price | N/A | � | |||
| e) | Date of the transaction | 14 December 2020 | � | |||
| f) | Place of the transaction | AIMX | � | |||
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