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Cadogan Petroleum Plc - Director/PDMR Shareholding

·2-min read

Cadogan Petroleum Plc

("Cadogan" or the "Company")

CEO Dealings – Market Share Purchase

Cadogan Petroleum plc (“Cadogan” or the “Company”) today announces that its CEO, Mr. Fady Khallouf, has purchased on 9 October 2020, 100,000 ordinary shares of £0.03 each, in the capital of the Company, on the London Stock Exchange at a price of £0.026 each.

Following this purchase Mr Fady Khallouf holds in total 8,242,031 shares representing 3.37 % of the Company.

About

Cadogan is an independent, diversified oil and gas company, which operates exploration and production licenses in Western Ukraine, conducts gas trading operations, and provides services to E&P companies.

For further information, please contact:

Cadogan Petroleum plc
Fady Khallouf Chief Executive Officer fady.khallouf@cadoganpetroleum.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:

Fady Khallouf, CEO purchased 100,000 shares at £0.026 per share on 9 October 2020.

1.

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

a)

Name

Fady Khallouf

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification / Amendment

Initial notification of purchase of shares

3.

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

a)

Name

Cadogan Petroleum 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

Purchase of ordinary shares

c)

Price(s) and volume(s)

Price(s) Volume(s)

£0.026 100,000

Aggregated information

- Aggregated volume
- Price



100,000
£0.026

e)

Date of the transaction

9 October 2020

f)

Place of the transaction

XLON