Director Purchase of Common Shares of PetroNeft


February 3, 2022

Share Purchase Update

PetroNeft announces that non executive director Eskil Jersing, has purchased common shares in PetroNeft.

Details of the respective purchase are included in the table below.

Name

Number of Common Shares purchased

Total number of Common Shares held after Purchase

Percentage of issued share capital held after the purchase

Eskil Jersing

           768,807

            768,807

           0.071%

 ENDS

For further information, contact:

 David Sturt, CEO, PetroNeft Resources plc

+44 7903 869608 

 John Frain / Ciara O’ Mongain, Davy (Nomad and Broker

+353 1 679 6363 

 Paul O’ Kane, Murray Consultants

+353 1 498 0300 

 

About PetroNeft Resources plc 

PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61 provides the following share purchase update 

For further information on PetroNeft Resources plc, please visit www.petroneft.com 

Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. PetroNeft assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to PetroNeft. 

Director / PDMR Shareholding 

1.

Details of the PDMR / Person closely associated with them (‘PCA’)

a)

Name

Eskil Jersing

b)

Position/ Status

Non-Executive Director

c)

Initial notification / Amendment

Initial Notification

2.

Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor

a)

Name

PetroNeft Resources plc

b)

LEI

635400ELL1JOR1Y5IC41

3.

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

Ordinary equity shares in PetroNeft Resources plc

b)

Nature of the transaction

Acquisition

c)

Price(s) and volume(s)

Transaction

Volume

Average

Single

768,807

Stg 0.026

d)

Aggregated information

Aggregate Volume

Price

 

768,807 common shares

GBP£ 20,000

e)

Date of the transaction

2022-2-2 at 08.31 GMT

f)

Place of the transaction

A.I.M.