28 May 2024
Baron Oil
Plc
("Baron", or the
"Company")
Director/PDMR shareholding -
acquisition of shares
Baron Oil Plc (AIM: BOIL), has been
notified that on 28 May 2024, Gerry Aherne, Independent
Non-Executive Chairman, purchased 30,000,000 ordinary shares of
0.025 pence each in the Company ("Ordinary Shares") at a price of 0.0676
pence per share.
Accordingly, Gerry Aherne's total
beneficial shareholding in the Company is 30,000,000 Ordinary
Shares, which represents approximately 0.12% of the Company's
current voting rights.
Further details are provided below
in accordance with the requirements of the UK Market Abuse
Regulation.
For
further information, please contact:
Baron Oil
Plc
+44 (0) 20 7117 2849
Dr Andy Butler, Chief Executive
Officer
Allenby Capital Limited
+44 (0) 20
3328 5656
Nominated Adviser and Joint
Broker
Nick Athanas, Nick Harriss, George
Payne (Corporate Finance)
Kelly Gardiner, Stefano Aquilino
(Sales and Corporate Broking)
Cavendish Capital Markets
Limited
+44 (0) 131 220 6939 / +44 (0)
207 397 8900
Joint
Broker
Neil McDonald, Pearl Kellie
(Corporate Finance)
Leif Powis (Sales)
IFC
Advisory
Limited
+44 (0) 20 3934 6630
Financial PR and IR
baronoil@investor-focus.co.uk
Tim Metcalfe, Florence
Chandler
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
(a)
|
Full name of person
Dealing
|
Gerry Aherne
|
|
2.
|
Reason for notification
|
|
(b)
|
Position/status
|
Independent Non-Executive
Chairman
|
|
(c)
|
Initial notification/
Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
(d)
|
Name of entity
|
Baron Oil Plc
|
|
(e)
|
LEI
|
213800MBSOS9UZ5SW712
|
|
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 0.025 pence each
in the Company
|
|
(b)
|
Identification code
|
GB00B01QGH57
|
|
(c)
|
Nature of the transaction
|
Purchase of Ordinary
Shares
|
|
(d)
|
Price(s) and volume(s)
|
Price: 0.0676 pence per
share
Volume: 30,000,000
|
|
(e)
|
Aggregated information:
- Aggregated volume
- Price
|
N/A - as above
|
|
(f)
|
Date of transaction
|
28 May 2024
|
|
(g)
|
Place of transaction
|
London Stock Exchange,
AIM
|