Director Shareholdings


January 7, 2016

7 January 2016

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

Director Shareholdings

PetroNeft received notification on 6 January 2016 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

1,500,000

Stg2.25p

25,890,416

3.66%

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

Contacts

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