Wentworth Resources Limited : Notification of Trade / Director Dealings

  
Wentworth Resources Limited

Notification of Trade / Director Dealings

Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, has been notified of the following transactions by a director of the Company:

Mr. Robert Phillip McBean, Executive Chairman of the Company, has acquired 110,570 Common shares of no par value in the Company ("Common Shares") at a price of 2.3617 NOK per Common Share. Following the acquisition, Mr. McBean has an interest in 9,605,385 Common Shares representing 5.15 per cent of the Company's issued share capital.  In addition, McBean holds 1,900,000 share options in the Company.

1. Details of the person discharging managerial responsibilities/ person closely associated

a)   Name: Robert Phillip McBean

2.   Reason for the notification

a)   Position/status: Executive Chairman

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)

d)   Aggregated information

• Aggregated volume: 110,570
• Price: 2.3617 NOK

e) Date of the transaction: 17 October 2018

f) Place of the transaction: OSL

-Ends-