ADES International : Director Dealing

RNS Number : 8665Q

ADES International Holding PLC

23 October 2019

23 October 2019

ADES INTERNATIONAL HOLDING PLC

Director Dealing

Ades International Holding PLC (LSE: ADES) ("ADES" or the "Company") was notified on 23 October 2019 that Dr. Mohamed Farouk Abdelkhalek, CEO of the Company, purchased 1,000 of the Company's US$1.00 ordinary shares ("Shares") at average price of US$ 13 each. Following this transaction Dr. Mohamed Farouk Abdelkhalek has direct and indirect beneficial interests in 2,069,969 Shares representing 4.73 % of the Company's issued share capital.

Further information

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.

1.Details of the person discharging managerial responsibilities/person closely associated

a)	Name	Dr. Mohamed Farouk Abdelkhalek

2.	Reason for the notification
a)	Position/status		CEO
b)	Initial notification/ Amendment		Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer
a)	Name		Ades International Holding PLC
b)	LEI		213800WADXE5U3ZY1K46
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument;
	transaction; (iii) each date; and (iv) each place where transactions have been condu
a)	Description of the financial instrument, type of		Ordinary Shares of UD1.00
instrument
	Identification code		AEDFXA1EN018
b)	Nature of the transaction		Purchase of ordinary shares by
c)	Price(s) and volume(s)		Price(s)		Volum
			13		500
d)	Aggregated information

-	500
Aggregated
volume
- Price	US$ 6,500
e)	Date of the transaction	21 October 2019
f)	Place of the transaction	London Stock Exchange
g)
1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Dr. Mohamed Farouk Abdelkhalek
2.	Reason for the notification
a)	Position/status	CEO
b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer
a)	Name	Ades International Holding PLC
b)	LEI	213800WADXE5U3ZY1K46

4.	Details of the transaction(s): section to be repeated for (i) each type of instrument;
	transaction; (iii) each date; and (iv) each place where transactions have been condu
a)	Description of the financial instrument, type of	Ordinary Shares of UD1.00
instrument

	Identification code	AEDFXA1EN018
b)	Nature of the transaction	Purchase of ordinary shares by
c)	Price(s) and volume(s)	Price(s)	Volum
		13.00	500
d)	Aggregated information
	- Aggregated volume	500
	- Price	US$ 6,500
e)	Date of the transaction	22 October 2019
f)	Place of the transaction	London Stock Exchange
g)

ADES International Holding

Hussein Badawy
Investor Relations Officer	[e-mail]	[phone]

Instinctif
David Simonson	[e-mail]	[phone]
Dinara Shikhametova	[e-mail]
Sarah Hourahane	[e-mail]

About ADES International Holding (ADES)

ADES International Holding extends oil and gas drilling and production services through its subsidiaries and is a leading service provider in the Middle East and North Africa, offering onshore and offshore contract drilling as well as workover and production services. Its c.4,000 employees serve clients including major national oil companies ("NOCs") such as Saudi Aramco and Kuwait Oil Company as well as joint ventures of NOCs with global majors including BP and

Eni. While maintaining a superior health, safety and environmental record, the Group currently has a fleet of thirty-four onshore drilling rigs, thirteen jack-up offshore drilling rigs, a jack-up barge, and a mobile offshore production unit ("MOPU"), which includes a floating storage and offloading unit. For more information, visit investors.adihgroup.com

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