Wentworth Resources Limited
("Wentworth" or the "Company")
Notification of Trade / Director Dealings
Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, was notified on the 5 October 2018 of the following transactions by a director of the Company:
On 4 October 2018 and 5 October 2018, Mr. Iain McLaren, Proposed Non-Executive Director of the Company, acquired 100,000 common shares of no par value in the Company ("Common Shares") at a price of 23.23p per Common Share. Following the acquisition, Mr. McLaren has an interest in 100,000 Common Shares representing 0.05 percent of the Company's issued share capital.
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name: Iain Archibald McLaren
2. Reason for the notification
a) Position/status: Proposed 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: Wentworth Resources Limited
b) LEI: 213800IW2LNKOYYG7412
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: Common shares of no par value in Wentworth Resources Limited
Identification code: ISIN CA9506771042
b) Nature of the transaction: Purchase of Common shares of no par value in Wentworth Resources Limited
c) Price(s) and volume(s)
| Price(s) | Volumes(s) | Date |
| 23p | 30,000 | 4 October 2018 |
| 23.4167p | 40,000 | 5 October 2018 |
| 23.2222p | 30,000 | 5 October 2018 |
d) Aggregated information
- Aggregated volume: 100,000
- Price: 23.23334p
e) Date of the transaction: 4 October 2018 and 5 October 2018
f) Place of the transaction: XLON
-Ends-
| Enquiries: Wentworth | Bob McBean, Executive Chairman Eskil Jersing, Chief Executive Officer Katherine Roe, Chief Financial Officer | rpm@wentworthresources.com eskil.jersing@wentworthresources.com +44 7717 847623 katherine.roe@wentworthresources.com +44 7841 087 230 |
| Stifel Nicolaus Europe Limited | AIM Nominated Adviser and Broker (UK) Callum Stewart Ashton Clanfield | +44 (0) 20 7710 7600 |
| Peel Hunt LLP | Broker (UK) Richard Crichton Ross Allister | +44 (0) 20 7418 8900 |
| Vigo | Investor Relations Adviser (UK) Patrick d'Ancona Chris McMahon Kate Rogucheva | +44 (0) 20 7830 9700 |
