Jadestone Energy Inc. Director Share Dealing
April 28, 2020—Singapore: Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) (“Jadestone” or the “Company”), an independent oil and gas production company focused on the Asia Pacific region, announces that on April 24, 2020 and on April 27, 2020, Dennis McShane, a Non-Executive Director and Chairman of Jadestone, acquired a total of 150,732 common shares of no par value, for a total cost of £65,337.09. For further details, please refer to the Dealing Notification Form below.
Following the transaction, Mr. McShane holds a total of 453,651 common shares, which represents 0.10% of the Company’s issued share capital.
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|
|2.||Reason for the notification|
|a)||Position/status:||Non-Executive Director and Chairman|
|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.|
|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 Jadestone Energy Inc.
|b)||Nature of the transaction:||Purchase of common shares of no par value in Jadestone Energy Inc.|
|c)||Price(s) and volume(s):||On April 24, 2020:
i) GBp 43.02 per share, 73,251 common shares;
ii) GBp 44.40 per share, 7,114 common shares; and
iii) GBp 44.20 per share, 12,500 common shares.
On April 27, 2020:
i) GBp 43.40 per share, 31,257 common shares; and
ii) GBp 43.50 per share, 26,610 common shares.
· Aggregated volume:
150,732 common shares
|e)||Date of the transaction(s):||April 24, 2020 and April 27, 2020|
|f)||Place of the transaction||XLON|
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
For further information, please contact:
|Jadestone Energy Inc.||+65 6324 0359 (Singapore)|
|Paul Blakeley, President and CEO||+1 403 975 6752 (Canada)|
|Dan Young, CFO||+44 7392 940 495|
|Robin Martin, Investor Relations Managerfirstname.lastname@example.org|
|Stifel Nicolaus Europe Limited (Nomad, Joint Broker)||+44 (0) 20 7710 7600 (UK)|
|BMO Capital Markets Limited (Joint Broker)||+44 (0) 20 7236 1010 (UK)|
|Camarco (Public Relations Advisor)||+44 (0) 203 757 4980 (UK)|