Trinity Exploration & Production plc
("Trinity" or the "Company")
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Director/PDMR shareholding
Trinity (AIM: TRIN), the leading independent E&P company focused on Trinidad and Tobago, announces that Angus Winther, Non-Executive Director, made the following share purchase:
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Date purchased |
Price |
Volume(s) |
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25 September 2017 |
12.25p |
408,163 |
Following this purchase, Mr Winther is interested in 23,065,178 Ordinary shares in the Company representing 8.16 per cent of the issued share capital (voting rights), of the Company as per the following table:
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1 � |
Details of the person discharging managerial responsibilities / person closely associated � |
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a) � |
Name � � |
� Angus Winther |
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2 � |
Reason for the notification � |
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a) � |
Position/status � � |
Non-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)
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Name
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Trinity Exploration & Production plc |
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b)
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LEI
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N/A |
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4
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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)
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Description of the financial instrument, type of instrument |
Ordinary shares of USD 0.01 per share par value
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Identification code |
GB00B8JG4R91 |
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b)
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Nature of the transaction
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Acquisition of shares |
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c)
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Price(s) and volume(s) |
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Date purchased |
Price(s) |
Volume(s) |
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25 September 2017 |
408,163 |
12.25p |
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d)
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Aggregated information |
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- Aggregated volume |
408,163 shares acquired at 12.25p a share |
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- Price |
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e)
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Date of the transaction
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25 Septermber 2017 |
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f)
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Place of the transaction
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London Stock Exchange, AIM |
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For further information please visit: www.trinityexploration.com or contact:
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About Trinity
Trinity is an independent oil and gas exploration and production company focused solely on Trinidad and Tobago. Trinity operates producing and development assets both onshore and offshore, in the shallow water West and East Coasts of Trinidad. Trinity's portfolio includes current production, significant near-term production growth opportunities from low risk developments and multiple exploration prospects with the potential to deliver meaningful reserves/resources growth. The Company operates all of its nine licences and, across all of the Group's assets, management's estimate of 2P reserves as at the end of 2016 was 21.3 mmbbls (excluding the Guapo-1 license which was disposed of in April 2016). Group 2C contingent resources are estimated to be 21.1 mmbbls. The Group's overall 2P plus 2C volumes are therefore 42.3 mmbbls.
Trinity is quoted on the AIM market of the London Stock Exchange under the ticker TRIN.