Jadestone Energy Inc Announces Exercise of Options and Director Share Dealing
03/19/2021 - 03:00 AM
SINGAPORE / ACCESSWIRE / March 19, 2021 / Jadestone Energy Inc. (AIM:JSE) (the "Company" or "Jadestone"), an independent oil and gas production company focused on the Asia Pacific region, announces that on 19 March 2021, A. Paul Blakeley, a Director, President and Chief Executive Officer of Jadestone, exercised options over a total of 1,500,000 common shares ("New Shares"), being 500,000 common shares with the exercise price of CAD 0.49 per share and 1,000,000 common shares with the exercise price of CAD 0.47 per share.
Following his acquisition of the New Shares, Mr. Blakeley will hold a total of 4,232,798 common shares, which represents 0.91% 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:
A. Paul Blakeley
2.
Reason for the notification
(a)
Position/status:
Executive Director, President and Chief Executive Officer
(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 Inc.
(b)
LEI:
254900E4GCXW63X26Q32
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:
Common shares of no par value in Jadestone Energy Inc. ISIN: CA46989Q1000
(b)
Nature of the transaction:
Exercise of options to acquire a total of 1,500,000 common shares
(c)
Price(s) and volume(s):
CAD 0.49 per share
500,000 options
CAD 0.47 per share
1,000,000 options
(d)
Aggregated information: - Aggregated volume: - Price:
1,500,000 options CAD 715,000.00
(e)
Date of the transaction:
19 March 2021
(f)
Place of the transaction:
XLON
For further information, please contact:
Jadestone Energy Inc.
+65 6324 0359 (Singapore)
Paul Blakeley, President and CEO
+44 7392 940 495 (UK)
Dan Young, CFO
ir@jadestone-energy.com
Robin Martin, Investor Relations Manager
Stifel Nicolaus Europe Limited (Nomad, Joint Broker)
+44 (0) 20 7710 7600 (UK)
Callum Stewart
Jason Grossman
Ashton Clanfield
BMO Capital Markets Limited (Joint Broker)
+44 (0) 20 7236 1010 (UK)
Thomas Rider
Camarco (Public Relations Advisor)
+44 (0) 203 757 4980 (UK)
Georgia Edmonds
jse@camarco.co.uk
Billy Clegg
James Crothers
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SOURCE: Jadestone Energy Inc.
View source version on accesswire.com: https://www.accesswire.com/636378/Jadestone-Energy-Inc-Announces-Exercise-of-Options-and-Director-Share-Dealing
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JADSF Stock Data
Industry
Oil & Gas Production
Sector
Energy Minerals
Tags
Oil & Gas Production, Energy Minerals
Country
SG
City
Singapore
About JADSF
Jadestone Energy, Inc. engages in the exploration and development of oil and gas properties. The firm operates through the following segments: Producing Assets and Development & Exploration Assets. Its asset portfolio includes projects in Australia, Indonesia, Vietnam, Malaysia, and Philippines. The company was founded in 2005 and is headquartered in Singapore.