Prospex Oil and Gas Plc, the AIM quoted investment company, announces that Edward Dawson, Chief Executive Officer of the Company, yesterday purchased 1,308,900 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 0.3820 pence per Ordinary Share and a further 1,324,675 Ordinary Shares at a price of 0.3850 pence per Ordinary Share.
Following the abovementioned purchases, Mr Dawson is interested in 5,272,919 Ordinary Shares, representing approximately 0.43 per cent. of the Company’s issued share capital.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
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For further information visit www.prospexoilandgas.com
Prospex Oil and Gas Plc is an AIM quoted investment company focussed on high impact onshore and shallow offshore European opportunities with short timelines to production. The Company’s strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then applying low cost re-evaluation techniques to identify and de-risk prospects.
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