Regulatory Story
Go to market news section View chart   Print
RNS
Amerisur Resources PLC  -  AMER   

Director/PDMR Shareholding

Released 10:51 22-Dec-2016

RNS Number : 6112S
Amerisur Resources PLC
22 December 2016
 

22 December 2016

 Amerisur Resources Plc

Director/PDMR Dealings, Issue of Equity, Total Voting Rights

 

Amerisur Resources Plc ("Amerisur" or the "Company"), the oil and gas producer and explorer focused on South America, announces options over new ordinary shares of 0.1p each, granted under the Company's Long Term Incentive Plan ("LTIP") scheme in 2012, to Giles Clarke, Chairman and Nick Harrison, Finance Director of the Company, have been exercised. These awards are exercisable at par value and vested during the three-year period to 19th January 2015 following the achievement of performance conditions.  

Mr Clarke and Mr Harrison have sold a number of the new ordinary shares, with proceeds from the sale approximately equal to the tax liabilities and other costs arising from the exercise of the share options, with the balance being retained.

Application has been made for 3,000,000 new ordinary shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. It is expected that dealings will commence on 29 December 2016. Following the admission of the new ordinary shares, the Company will have 1,211,339,627 ordinary shares in issue.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

(Disclosure in relation to award of share options)

 1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Giles Clarke

2

Reason for the notification 

a)

Position/status 

Chairman

b)

Initial notification /Amendment 

Initial notification

3

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

a)

Name 

Amerisur Resources Plc

b)

LEI  

2138008EMW6F92THIC31

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

a)

Description of the financial instrument, type of instrument 

Identification code 

Ordinary shares of 0.1p each in Amerisur Resources Plc.
 

 
ISIN: GB0032087826

b)

Nature of the transaction 

Exercise of options and disposal of ordinary shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Exercise of options:

0.1p

Disposal of ordinary shares:

26.0p

Exercise of options:

1,500,000

Disposal of ordinary shares:

750,000

d)

 

Aggregated Volume

 

 

Aggregated Price

Exercise of options: 1,500,000

Disposal of ordinary shares: 750,000

 

Exercise of options: 0.1p

Disposal of ordinary shares: 26.0p

e)

Date of the transaction 

21 December 2016

f)

Place of the transaction 

London Stock Exchange, AIM Market

 

 

 

 1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nick Harrison

2

Reason for the notification 

a)

Position/status 

Finance Director

b)

Initial notification /Amendment 

Initial notification

3

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

a)

Name 

Amerisur Resources Plc

b)

LEI  

2138008EMW6F92THIC31

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

a)

Description of the financial instrument, type of instrument 

Identification code 

Ordinary shares of 0.1p each in Amerisur Resources Plc.
 

 

ISIN: GB0032087826

b)

Nature of the transaction 

Exercise of options and disposal of ordinary shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Exercise of options:

0.1p

Disposal of ordinary shares:

26.0p

Exercise of options:

1,500,000

Disposal of ordinary shares:

750,000

d)

 

Aggregated Volume

 

 

Aggregated Price

Exercise of options: 1,500,000

Disposal of ordinary shares: 750,000

 

Exercise of options: 0.1p

Disposal of ordinary shares: 26.0p

e)

Date of the transaction 

21 December 2016

f)

Place of the transaction 

London Stock Exchange, AIM Market

 

Ends

 

Enquiries:

 

Billy Clegg/Georgia Edmonds

Tel: +44 (0)203 757 4980

Camarco

 

 

Callum Stewart/Ashton Clanfield/Nicholas Rhodes

Stifel Nicolaus Europe Limited

Tel: +44 (0)20 7710 7600

 

 

Chris Sim/George Price

Tel: +44 (0)207 597 4000

Investec

 

 

 

Darrell Uden/Marcus Jackson

Tel: +44 (0)207 653 4000

RBC Capital Markets

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHLLFEIFILFFIR
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Director/PDMR Shareholding - RNS