Eland Oil & Gas : Director and PCA Dealing

RNS Number : 9655H

Eland Oil & Gas PLC

21 November 2018

21 November 2018

Eland Oil & Gas PLC

("Eland" or the "Company")

Director and PCA Dealing

Eland Oil & Gas PLC (AIM: ELA), an oil & gas production and development company operating in West Africa with an initial focus on Nigeria announces that Ronald Bain, Chief Financial Officer of Eland completed the share transactions set out in the table below.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014. Notification of public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated by them.

Following this notification, Mr Bain has a beneficial holding of 17,500 ordinary shares.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Ronald Bain
2.	Reason for the notification
a.	Position/status	Chief Financial Officer
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Eland Oil & Gas PLC
b.	LEI	213800QDGQKG3JKKRR86
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, typeof instrument Identification code	Ordinary Shares £0.10 each GB00B8HHWX64
b.	Nature of the transaction	Purchase of ordinary shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 109.25p 17,500
d.	Aggregated information ·Aggregated volume ·Price	17,500shares 109.25p
e.	Date of the transaction	20 November 2018
f.	Place of the transaction	London Stock Exchange(XLON); AIM

For further information:

Eland Oil & Gas PLC ([phone])

www.elandoilandgas.com

George Maxwell, CEO

Ronald Bain, CFO

Finlay Thomson, IR

Peel Hunt LLP, Nominated Adviser & Joint Broker ([phone])

Richard Crichton

David McKeown

Stifel Nicolaus Europe Limited, Joint Broker ([phone])

Callum Stewart

Nicholas Rhodes

Ashton Clanfield

Camarco ([phone])

Billy Clegg / Georgia Edmonds / Tom Huddart

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHFEDFUSFASEDF