3 December 2019
Oleeo Plc
("Oleeo" or the "Company")
Issue of Equity and PDMR Dealings
Oleeo plc (LSE AIM: OLEE), announces that the Company has issued 23,350 new Ordinary Shares of 0.1 pence each ("Ordinary Shares") as a result of an exercise of share options.
Issue of Equity
Application has been made for the 23,350 new Ordinary Shares to be admitted to trading on AIM. It is expected that dealings in these new Ordinary Shares will commence on 4 December 2019 ("Admission"). The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Following Admission, the Company will have in issue a total of 7,651,404 Ordinary Shares (the "Enlarged ISC"). The Company does not hold any Ordinary Shares in treasury.
PDMR Dealings
As part of the option exercise, David Moore, the Company's Technical Director classified as a PDMR, exercised options at an exercise price of 105 pence over 10,000 Ordinary Shares. Following this exercise of options, David Moore holds 15,100 Ordinary Shares, representing 0.20% of the Enlarged ISC and options over 40,000 Ordinary Shares.
As part of the option exercise, David Earland, the Company's Operations Director classified as a PDMR, exercised options at an exercise price of 88.5 pence over 9,150 Ordinary Shares. Following this exercise of options, David Earland holds 20,550 Ordinary Shares, representing 0.27% of the Enlarged ISC and options over 42,910 Ordinary Shares.
The FCA notification, made in accordance with the requirements of the EU Market Abuse Regulation is appended below.
For further information:
Oleeo Plc
Charles Hipps, Managing Director
Telephone: +44 (0)20 8946 9876
Email:chipps@oleeo.com
Panmure Gordon (UK) Limited
Nominated Adviser and Broker
Alina Vaskina / Justin Gulston / Ryan Lever
Telephone: +44 (0)20 7886 2952
For more information visit:www.oleeo.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1. | Details of the person discharging managerial responsibilities/person closely associated | |
Names | David Moore, the Company's Technical Director | |
a) | David Earland, the Company's Operations Director | |
2. | Reason for the notification | |||||||||
a) | Position/status | See 1(a) above for all positions - all classified as PDMRs of the | ||||||||
Company | ||||||||||
b) | Initial notification/Amendment | Initial Notification | ||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or | |||||||||
auction monitor | ||||||||||
a) | Name | Oleeo plc | ||||||||
b) | LEI | 213800COCTT34VO8KL75 | ||||||||
3. | 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 | Ordinary Shares of 0.1 pence each | ||||||||
b) | Identification code | GB0002677085 | ||||||||
c) | Nature of the transactions | Exercise of share options | ||||||||
David Moore: | ||||||||||
Price(s) | Volume(s) | |||||||||
105p exercise price | 10,000 | options | over | Ordinary | ||||||
Shares exercised | ||||||||||
d) | Price(s) and volume(s) | |||||||||
David Earland: | ||||||||||
Price(s) | Volume(s) | |||||||||
88.5p exercise price | 9,150 | options | over | Ordinary | ||||||
Shares exercised | ||||||||||
Aggregated information | David Earland: 88.5p exercise price for 9,150 share options | |||||||||
- | over Ordinary Shares exercised | |||||||||
e) | Aggregated volume | |||||||||
- | Price | David Moore: 105p exercise price for 10,000 share options over | ||||||||
Ordinary Shares exercised | ||||||||||
f) | Date of the transactions | 3 December 2019 | ||||||||
f) | Place of the transactions | London Stock Exchange |
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Disclaimer
Oleeo plc published this content on 03 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2019 17:57:06 UTC