i3 Energy PLC Director Dealings (0372F)
05 Juillet 2023 - 8:00AM
UK Regulatory
TIDMI3E
RNS Number : 0372F
i3 Energy PLC
05 July 2023
5 July 2023
i3 Energy plc
("i3", "i3 Energy", "i3 Canada", or the "Company")
Director Dealings
i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas
company with assets and operations in the UK and Canada, has been
notified that on 4 July 2023, Majid Shafiq, CEO, purchased 196,318
ordinary shares of 0.01 pence each in the Company ('Ordinary
Shares'), at a price of 12.7 pence per share.
As a result, following this transaction, Majid Shafiq now has a
total beneficial interest, in aggregate, of 9,734,609 Ordinary
Shares, representing 0.81% per cent. of the Company's issued share
capital.
Enquiries:
i3 Energy plc c/o Camarco
Majid Shafiq (CEO) Tel: +44 (0) 203 781 8331
WH Ireland Limited (Nomad
and Joint Broker) Tel: +44 (0) 207 220 1666
James Joyce, Darshan Patel
Tennyson Securities (Joint
Broker) Tel: +44 (0) 207 186 9030
Peter Krens
Stifel Nicolaus Europe Limited
(Joint Broker) Tel: +44 (0) 20 7710 7600
Ashton Clanfield, Callum Stewart
Camarco
Georgia Edmonds, Violet Wilson, Tel: +44 (0) 203 757 4980
Sam Morris
The following notifications are made in accordance with the
requirements of the UK Market Abuse Regulation relating to certain
transactions by persons discharging managerial responsibility:
Notification of a Transaction pursuant to Article 19(1) of Regulation
(EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person
closely associated
-----------------------------------------------------------------------
a. Name Majid Shafiq
--------------------------------- ------------------------------------
2 Reason for notification
--------------------------------- ------------------------------------
a. Position/Status CEO
--------------------------------- ------------------------------------
b. Initial notification/ Initial notification
Amendment
--------------------------------- ------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a. Name i3 Energy plc
--------------------------------- ------------------------------------
b. LEI 213800949OZA9QA9FS17
--------------------------------- ------------------------------------
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 Ordinary shares
instrument, type
of instrument ISIN: GB00BDHXPJ60
Identification
Code
--------------------------------- ------------------------------------
b. Nature of the Purchase of Ordinary Shares
transaction
--------------------------------- ------------------------------------
c. Price(s) and volume(s) Price: 12.7 pence
Volume: 196,318
--------------------------------- ------------------------------------
d. Aggregated information
-Aggregated Volume
196,318
- Price
12.7 pence per share
--------------------------------- ------------------------------------
e. Date of the transaction 4 July 2023
--------------------------------- ------------------------------------
f. Place of the transaction AIM
--------------------------------- ------------------------------------
Notes to Editors:
i3 Energy is an oil and gas Company with a low cost,
diversified, growing production base in Canada's most prolific
hydrocarbon region, the Western Canadian Sedimentary Basin and
appraisal assets in the North Sea with significant upside.
The Company is well positioned to deliver future growth through
the optimisation of its existing 100% owned asset base and the
acquisition of long life, low decline conventional production
assets.
i3 is dedicated to responsible corporate practices and the
environment, and places high value on adhering to strong
Environmental, Social and Governance ("ESG") practices. i3 is proud
of its performance to date as a responsible steward of the
environment, people, and capital management. The Company is
committed to maintaining an ESG strategy, which has broader
implications for long-term value creation, as these benefits extend
beyond regulatory requirements.
i3 Energy is listed on the AIM market of the London Stock
Exchange under the symbol I3E and on the Toronto Stock Exchange
under the symbol ITE. For further information on i3 Energy please
visit https://i3.energy/ .
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END
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