SDX Energy Inc. - Director/PDMR Shareholding
LONDON, May 23, 2019 - SDX Energy Inc. (TSXV, AIM: SDX), the North Africa-focused oil and gas company announces that on 21 May 2019 Michael Doyle, Non-Executive Chairman of SDX, purchased 100,000 common shares and David Mitchell, Director of SDX, purchased 97,500 common shares in the Company at average prices of CAD$0.4128 and CAD$0.41 respectively. 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 | ||
| a) | Name | David Mitchell | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director | |
| b) | Initial notification /Amendment | Initial notification | |
| 3 | Details of the issuer | ||
| a) | Name | ||
| b) | LEI | 2138009ONR2QHPDVRF95 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of | ||
| a) | Description of the financial instrument, type of instrument | Common shares of no par value | |
| c) | Nature of the transaction | Acquisition | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| CAD$0.41 | 97,500 | ||
| d) | Aggregated information | Price(s) | Volume(s) |
| CAD$0.41 | 97,500 | ||
| e) | Date of the transaction | 21 May 2019 | |
| f) | Place of the transaction | XTSX | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Michael Doyle (through beneficially owned company CanPetro | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-Executive Chairman | |
| b) | Initial notification /Amendment | Initial notification | |
| 3 | Details of the issuer | ||
| a) | Name | ||
| b) | LEI | 2138009ONR2QHPDVRF95 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of | ||
| a) | Description of the financial instrument, type of instrument | Common shares of no par value CA78410A1075 | |
| c) | Nature of the transaction | Acquisition | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| CAD$0.4128 | 100,000 | ||
| d) | Aggregated information - Aggregated volume - Price | Price(s) | Volume(s) |
| CAD$0.4128 | 100,000 | ||
| e) | Date of the transaction | 21 May 2019 | |
| f) | Place of the transaction | XTSX | |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE SDX Energy Inc.
Contact
SDX Energy Inc.: Mark Reid, Chief Financial Officer and Interim Chief Executive Officer, Tel: +44 203 219 5640; Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker): Callum Stewart/Nicholas Rhodes/Ashton Clanfield, Tel: +44 (0) 20 7710 7600; Cantor Fitzgerald Europe (Joint Broker): David Porter, Tel: +44 207 7894 7000; GMP FirstEnergy (Joint Broker): Jonathan Wright, Tel: +44 207 448 0200; Celicourt (PR): Mark Antelme/Jimmy Lea/Ollie Mills, Tel: +44 207 520 9261
