Cadogan Energy Solutions Plc - Director/PDMR Shareholding
Cadogan Energy Solutions Plc
("Cadogan" or the "Company")
CEO Dealings - Market Share Purchase
Cadogan Energy Solutions plc ("Cadogan" or the "Company") today announces that its CEO, Mr. Fady Khallouf, has purchased, on the London Stock Exchange:
- on 29 January 2024: 1,050,000 ordinary shares of £0.03 each, in the capital of the Company, at a price of £0.018 each.
- on 30 January 2024: 1,150,000 ordinary shares of £0.03 each, in the capital of the Company, at a price of £0.0195 each.
Following this purchase, Mr Fady Khallouf holds in total 13,075,455 shares representing 5.35% of the Company.
About
Cadogan is an independent, energy company, which operates an exploration and production license in Western Ukraine, conducts gas trading operations, and provides services to E&P companies. The aim of the Company is to be a diversified energy group making investments offering energy solutions and alternative services with a lower environmental impact.
For further information, please contact:
Cadogan Energy Solutions plc
Fady Khallouf Chief Executive Officer f.khallouf@cadogan-es.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 1,050,000 shares at £0.018 per share on 29 January 2024, and 950,000 shares at £0.01925 per share on 30 January 2024
| 1. | Details of PDMR/ person closely associated with them (`PCA')
| |
| a) | Name | Fady Khallouf
|
| 2. | Reason for the notification
| |
| a) | Position/status | Chief Executive Officer
|
| b) | Initial notification / Amendment | Initial notification of purchase of shares
|
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
| a) | Name | Cadogan Energy Solutions plc
|
| b) | LEI | 213800JIBKL29FAK1213
|
| 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 | |
|
| 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)
£0.018 1,050,000 £0.0195 1,150,000
|
|
| Aggregated information - Aggregated volume - Price |
2,200,000 £0.0188
|
| e) | Date of the transaction | 29 January 2024 and 30 January 2024
|
| f) | Place of the transaction | XLON
|
