Cadogan Energy Solutions Plc - Director/PDMR Shareholding

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Regulatory News | 16 Dec, 2024

Updated : 09:01

Cadogan Energy Solutions Plc - Director/PDMR Shareholding

PR Newswire

Cadogan Energy Solutions Plc

("Cadogan" or the "Company")

Director Dealings - Market Share Purchase

Cadogan Energy Solutions plc ("Cadogan" or the "Company") today announces that its Chairman, Mr. Michel Meeus, has purchased on 13 December 2024, 12,433,651 ordinary shares of £0.03 each, in the capital of the Company, at a price of £0.05 each.

Following this purchase, Mr Michel Meeus holds in total 22,633,651 shares representing 9.27% of the Company.

About

Cadogan is an independent, energy company, which operates an exploration and production license in Western Ukraine, conducts gas trading operations, and provides services to E&P companies. Cadogan is currently developing several power generation projects in Western Ukraine to be operational in 2025. The aim of the Company is to be a diversified energy group making investments offering energy solutions and alternative services with a lower environmental impact.

For further information, please contact:

Cadogan Energy Solutions plc
Fady Khallouf                        Chief Executive Officer         f.khallouf@cadogan-es.com
Ben Harber                             Company Secretary            +44 0207 264 4366

Appendix

The notification detailed above and summarised in the table below is made in accordance with the requirements of the EU Market Abuse Regulations as follows:

Michel Meeus, NED Chairman of the Board, purchased 12,433,651 shares at £0.05 per share on 13 December 2024.

1. Details of PDMR/ person closely associated with them (`PCA')
a) Name Michel Meeus
2. Reason for the notification
a) Position/status NED Chairman of the Board
b) Initial notification / Amendment Initial notification of purchase of shares
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)  Name Cadogan Energy Solutions plc
b) LEI 213800JIBKL29FAK1213
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
Description of the financial instrument, type of instrumentIdentification code Ordinary shares of 3 pence eachGB00B12WC938
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s) Price(s)                                     Volume(s)£0.05                                           12,433,651                                            
Aggregated information
  • Aggregated volume
  • Price
12,433,651£0.05
e) Date of the transaction 13 December 2024
f) Place of the transaction XLO



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