Cadogan Energy Solutions Plc - Director/PDMR Shareholding
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 a total of 890,000 ordinary shares of £0.03 each, in the capital of the Company, at a price of £0.04 each.
Following this purchase, Mr Michel Meeus holds in total 25,023,651 shares representing 10.25% 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.comBen 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 890,000 shares at £0.04 per share on 20th December 2024.
1.Details of PDMR/ person closely associated with them (`PCA')a)NameMichel Meeus2.Reason for the notificationa)Position/statusNED Chairman of the Boardb)Initial notification / AmendmentInitial notification of purchase of shares3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora) NameCadogan Energy Solutions plcb)LEI213800JIBKL29FAK12134.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 conductedDescription of the financial instrument, type of instrumentIdentification codeOrdinary shares of 3 pence eachGB00B12WC938b)Nature of the transactionPurchase of ordinary sharesc)Price(s) and volume(s)Price(s) Volume(s)
£0.04 890,000
Aggregated information- Aggregated volume
- Price
890,000
£0.04
e)Date of the transaction20 December 2024 (890,000 shares)f)Place of the transactionXLO and TR1