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RNS
Afren PLC  -  AFR   

Notification by Company

Released 13:24 02-Apr-2013

RNS Number : 3427B
Afren PLC
02 April 2013
 



NOTIFICATION BY COMPANY TO RIS OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

1

Name of the issuer

AFREN PLC

2

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure (ii) a disclosure made in accordance with section 793 of the Companies Act (2006); or (iii) a disclosure made in accordance with paragraph 26 of the Model Code:

 

A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2 R

3

Name of person discharging managerial responsibilities/director:

MR. IAIN WRIGHT

4

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person:

N/A

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

IN RESPECT OF PERSON REFERRED TO IN 3 ABOVE

6

Description of shares (including class), debentures or derivatives or financial instruments relating to shares:

ORDINARY SHARES OF ONE PENNY EACH

7

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

MR. IAIN WRIGHT

8

State the nature of the transaction.

SALE OF ORDINARY SHARES

9

Number of shares, debentures or financial instruments relating to shares acquired


10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)


11

Number of shares, debentures or financial instruments relating to shares disposed.

 

150,000 ORDINARY SHARES

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.01%

13

Price per share or value of transaction

 

 

 

£1.434 PER SHARE IN RELATION TO THE SALE OF THE SHARES SET OUT IN 11 ABOVE

14

Date and place of transaction:

 

 

28 MARCH 2013

 

LONDON

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 

 

671,153 ORDINARY SHARES

0.06 % OF ISSUED SHARE CAPITAL

 

16

Date issuer informed of transaction: 

 

 

2 APRIL 2013

17

Date of grant:


18

Period during which or date on which exercisable


19

Total amount paid (if any) for grant of the option:

 

 


20

Description of shares or debentures involved (class and number)

 


21

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise:

 


22

Total number of shares or debentures over which options held following notification

OPTIONS OVER 850,000 ORDINARY SHARES UNCHANGED UNDER SHARE OPTION SCHEME.

 

CONDITIONAL AWARD IN 2011 OF UP TO 500,722 ORDINARY SHARES HELD PURSUANT TO THE PERFORMANCE SHARE PLAN

 

23

Any additional information

 

 


24

Name of contact and telephone number for queries: 

 

ELEKWACHI UKWU

 

 + 44 (0) 20 7864 3755

25

Name of duly authorised officer of issuer responsible for making notification:

ELEKWACHI UKWU

 

 

26

Date of notification

 

 

 

2 APRIL 2013

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Notification by Company - RNS