Director Shareholdings

December 31, 2015

31 December 2015

PetroNeft Resources plc ("PetroNeft" or the "Company")

Director Shareholdings

PetroNeft received notification on 30 December 2015 that Dennis Francis, a director of the Company, purchased ordinary shares of nominal value €0.01 each ("Ordinary Shares") of the Company. The details of these transactions and his resultant holdings are as follows:

Ordinary Shares purchased

Weighted average price per Ordinary Share

Resulting holding of Ordinary Shares

% of Issued Share Capital*

Dennis Francis





*This percentage shareholding is based on a shares in issue figure of 707,245,906 ordinary shares.


Paul Dowling, CFO, PetroNeft Resources plc +353 1 6470280