28 April, 2020

Jadestone Energy Inc. Director Share Dealing

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.





1. Details of the person discharging managerial responsibilities/person closely associated
  a) Name: Dennis McShane
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.
  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: 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.

  d) Aggregated information:

·       Aggregated volume:

·       Price:


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 Manager
Stifel Nicolaus Europe Limited (Nomad, Joint Broker) +44 (0) 20 7710 7600 (UK)
Callum Stewart  
Simon Mensley  
Ashton Clanfield  
BMO Capital Markets Limited (Joint Broker) +44 (0) 20 7236 1010 (UK)
Thomas Rider  
Jeremy Low  
Thomas Hughes  
Camarco (Public Relations Advisor) +44 (0) 203 757 4980 (UK)
Billy Clegg
James Crothers  


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