🕐12.12.11 - 14:27 Uhr
ASCENT RESOURCES MANAGING DIRECTOR JEREMY ENG PURCHASES 1,349,822 ORDINARY SHARES AT 2.8P PER SHARE
Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas
12 December 2011
Ascent Resources plc (Ascent or the Company)
Directors Dealing
Ascent Resources plc, the AIM listed oil and gas exploration and production company, announces that it was notified on 10 December 2011 of the following share purchase by a Director:
On 9 December 2011, Jeremy Eng, Managing Director, purchased 1,349,822 ordinary shares at 2.8p per share.
Mr Eng is now interested in a total of 7,331,712 ordinary shares representing 0.71% of the existing issued share capital.
For further information visit www.ascentresources.co.uk or contact:
Ascent Resources plc
Jeremy Eng
Scott Richardson Brown
Tel: 020 7251 4905
finnCap Limited (Nomad and Broker)
Sarah Wharry
Ben Thompson
Simon Starr
Tel: 020 7220 0500
St Brides Media & Finance Ltd
Hugo de Salis
Felicity Edwards
Tel: 020 7236 1177
Notes:
Ascent Resources plc has a diversified portfolio of hydrocarbon exploration and development interests across five countries in Europe: Italy, Switzerland, Hungary, Slovenia and Netherlands.
Its portfolio contains a solid base of field redevelopment projects with selected exposure to exploration upside.
The portfolio is focussed on gas and with the exception of the shallow water Netherlands project, all of its projects are located onshore where operating and development costs are substantially lower than they would be offshore.
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