Cadogan Energy Solutions Plc
("Cadogan" or the "Company")
Director Dealings - Market Share
Sale
Cadogan Energy Solutions plc ("Cadogan" or the "Company")
today announces that its Non-Executive Director, Mr. Michel Meeus, has terminated a financial
agreement with collateral over 15,800,000 ordinary shares of £0.03
each, in the capital of the Company, at a price of £0.026
each.
Following this transaction, Mr Michel
Meeus holds in total 10,200,000 shares representing 4.18% 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:
Mr Michel Meeus, Non-Executive
Director, has terminated on 15 March
2024 a financial agreement with collateral over 15,800,000
ordinary shares of £0.03 each, in the capital of the
Company.
|
1. |
Details of PDMR/ person closely associated with them
(`PCA') |
|
a) |
Name |
Michel Meeus |
|
2. |
Reason for the notification |
|
a) |
Position/status |
Non-Executive Director |
|
b) |
Initial notification / Amendment |
Initial notification of sale 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 |
Termination of a financial agreement with collateral over
15,800,000 shares |
|
c) |
Price(s) and volume(s) |
Price(s)
Volume(s)£0.026
15,800,000 |
|
|
Aggregated information
|
15,800,000
£0.026
|
|
e) |
Date of the transaction |
15 March 2024 |
|
f) |
Place of the transaction |
OTC |