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Cadogan Petroleum Plc
("Cadogan" or the "Company")
CEO Dealings – Market Share Purchase
Cadogan Petroleum plc (“Cadogan” or the “Company”) today announces that its CEO, Mr. Fady Khallouf, has purchased on 20 November 2020 95,000 ordinary shares of £0.03 each, in the capital of the Company, on the London Stock Exchange at a price of £0.025 each.
Following this purchase Mr Fady Khallouf holds in total 8,337,031 shares representing 3.41 % of the Company.
About
Cadogan is an independent, diversified oil and gas company, which operates exploration and production licenses in Western Ukraine, conducts gas trading operations, and provides services to E&P companies.
For further information, please contact:
Cadogan Petroleum plc
Fady Khallouf Chief Executive Officer fady.khallouf@cadoganpetroleum.com
Ben Harber Company Secretary +44 0207 264 4366
Appendix
The notification detailed above and summarised in the table below is made in accordance with the requirements of the EU Market Abuse Regulations as follows:
Fady Khallouf, CEO purchased 95,000 shares at £0.025 per share on 20 November 2020.
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1.
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Details of PDMR/ person closely associated with them (‘PCA’)
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| a) |
Name |
Fady Khallouf |
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2.
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Reason for the notification
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| a) |
Position/status |
Chief Executive Officer |
| b) |
Initial notification / Amendment |
Initial notification of purchase of shares |
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3.
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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| a) |
Name |
Cadogan Petroleum plc |
| b) |
LEI |
213800JIBKL29FAK1213
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| 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
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Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 3 pence each
GB00B12WC938 |
| b) |
Nature of the transaction |
Purchase of ordinary shares |
| c) |
Price(s) and volume(s) |
Price(s) Volume(s)
£0.025 95,000
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Aggregated information |
95,000
£0.025 |
| e) |
Date of the transaction |
20 November 2020 |
| f) |
Place of the transaction |
XLON |
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