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Jadestone Energy PLC Announces Director Share Dealing

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Jadestone Energy announced that Robert A. Lambert, a Non-executive Director, sold 400,000 ordinary shares at a price of GBp 71.0 each on 27 May 2021. Following this transaction, Lambert holds 153,919 shares, approximately 0.03% of the company's issued share capital. This sale is in compliance with the UK Market Abuse Regulation. The notification provides further details of the transaction, including the specifics of the shares sold and the date and place of the transaction.

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SINGAPORE, SINGAPORE / ACCESSWIRE / June 1, 2021 / Jadestone Energy plc (the "Company"), an independent oil and gas production company focused on the Asia Pacific region, announces that on 27 May 2021, Robert A. Lambert, a Non-executive Director of the Company, sold a total of 400,000 ordinary shares of GBp 0.1 each in the share capital of the Company ("Ordinary Shares") at a price of GBp 71.0 per Ordinary Share.

Following this transaction, Mr. Lambert's total beneficial ownership in the Company is 153,919 Ordinary Shares, which represents approximately 0.03% of the Company's issued share capital.

The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation is appended below and gives further details on the transaction described above.

DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name:
Robert A. Lambert
2.
Reason for the notification
(a)
Position/status:
Non-executive Director
(b)
Initial notification/ amendment:
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name:
Jadestone Energy Plc
(b)
LEI:
21380076GWJ8XDYKVQ37
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 instrument, type of instrument:

Identification code:
Ordinary shares of GBp 0.1 each in the share capital of Jadestone Energy Plc
ISIN: GB00BLR71299
(b)
Nature of the transaction:
Sale of ordinary shares
(c)
Price(s) and volume(s):
GBp 71.0 and 400,000 ordinary shares
(d)
Aggregated information:
- Aggregated volume:
- Price:

400,000 ordinary shares
GBp 71.0 per share
(e)
Date of the transaction:
27 May 2021
(f)
Place of the transaction:
AIMX

For further information, please contact:

Jadestone Energy plc
+65 6324 0359 (Singapore)
Paul Blakeley, President and CEO
+44 7392 940 495 (UK)
Dan Young, CFO
Robin Martin, Investor Relations Manager
Stifel Nicolaus Europe Limited (Nomad, Joint Broker)
+44 (0) 20 7710 7600 (UK)
Callum Stewart
Jason Grossman
Ashton Clanfield
Jefferies International Limited (Joint Broker)
+44 (0) 20 7029 8000 (UK)
Tony White
Will Soutar
Camarco (Public Relations Advisor)
+44 (0) 203 757 4980 (UK)
Billy Clegg
James Crothers

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Jadestone Energy PLC



View source version on accesswire.com:
https://www.accesswire.com/649866/Jadestone-Energy-PLC-Announces-Director-Share-Dealing

FAQ

What recent share transaction occurred at Jadestone Energy?

On May 27, 2021, Robert A. Lambert sold 400,000 ordinary shares of Jadestone Energy at a price of GBp 71.0 each.

What percentage of Jadestone Energy's shares does Robert A. Lambert own after his recent sale?

After the sale, Robert A. Lambert owns approximately 0.03% of Jadestone Energy's issued share capital.

Was the share sale by Jadestone Energy's director compliant with regulations?

Yes, the sale was conducted in compliance with the UK Market Abuse Regulation.

How many shares were sold by Robert A. Lambert?

Robert A. Lambert sold a total of 400,000 ordinary shares.

What is the significance of Robert A. Lambert's share sale for investors?

The sale indicates insider trading activity, which may affect investor sentiment regarding Jadestone Energy.

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