TIDMUEN

RNS Number : 4028D

Urals Energy Public Company Limited

06 July 2016

 
   6 July 2016

Urals Energy PCL

("Urals Energy", the "Company" or the "Group")

Director/PDMR Shareholding

The Board of Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, announces that it was informed yesterday that Andrew Shrager, Non-Executive Chairman, purchased 200,000 ordinary shares of US$0.0063 each in the Company ("Ordinary Shares") on 4 July 2016, at a price of 1.85 pence per Ordinary Share. This purchase of Ordinary Shares was made via Hillsilk Limited, a company that is controlled by Andrew Shrager.

Following this purchase, Andrew Shrager has a total beneficial interest in 2,540,500 Ordinary Shares in Urals Energy, representing 1.01% of the Company's issued ordinary share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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                      Andrew Shrager 
---  ------------------------  ------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status           Director, Non-Executive 
                                 Chairman 
---  ------------------------  ------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ------------------------------- 
 3    Details of the issuer, emission 
       allowance market participant, 
       auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                      Urals Energy PCL 
---  ------------------------  ------------------------------- 
 b)   LEI                       (Pending) 
---  ------------------------  ------------------------------- 
 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            Ordinary shares of US$0.0063 
       the financial             each in Urals Energy PCL 
       instrument, type 
       of instrument             Identification code (ISIN) 
       Identification            for Urals Energy PCL ordinary 
       code                      shares: CY0000111027 
---  ------------------------  ------------------------------- 
 b)   Nature of the             Purchase of shares. The 
       transaction               purchase of shares was made 
                                 via Hillsilk Limited, a 
                                 company that is controlled 
                                 by Andrew Shrager. 
---  ------------------------  ------------------------------- 
 c)   Price(s) and                Price(s)        Volume(s) 
       volume(s)                  --------------  ----------- 
                                   1.85 pence      200,000 
                                    per ordinary    ordinary 
                                    share           shares 
                                                    purchased 
                                  --------------  ----------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information    N/A 
       - Aggregated 
       volume 
       - Price 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   4 July 2016 
---  ------------------------  ------------------------------- 
 f)   Place of the              London Stock Exchange, AIM 
       transaction 
---  ------------------------  -------------------------------

- Ends -

For further information, please contact:

Urals Energy Public Company Limited

   Andrew Shrager, Chairman                                                  Tel: +7 495 795 0300 
   Leonid Dyachenko, Interim Chief Executive Officer             www.uralsenergy.com

Allenby Capital Limited

Nominated Adviser and Broker

Nick Naylor Tel: +44 (0) 20 3328 5656

Alex Brearley www.allenbycapital.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 06, 2016 04:55 ET (08:55 GMT)

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