RNS Number : 4308N
Mosman Oil and Gas Limited
31 May 2022
 

 

 31 May 2022

 

Mosman Oil and Gas Limited

("Mosman" or the "Company")

 

 

Director Dealing

 

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces the following dealing in the Company's ordinary shares of no par value each ("Ordinary Shares").

 

On 31 May 2022 Mr John Barr, the Company's Executive Chairman, transferred 10,000,000 Ordinary Shares from Kensington Advisory Services Pty Ltd to Kensington Consulting Pty Ltd which acts as trustee of the Barr Superfund, at a price of AUD14,160 (approximately £8,000).

 

John Barr remains beneficially interested in 82,354,584 Ordinary Shares which equites to approximately 1.58 per cent. of the Company's issued share capital.

 

 

 

Enquiries:

 

Mosman Oil & Gas Limited John W Barr, Executive Chairman Andy Carroll, Technical Director

jwbarr@mosmanoilandgas.com acarroll@mosmanoilandgas.com

NOMAD and Broker

SP Angel Corporate Finance LLP

Stuart Gledhill / Richard Hail / Adam Cowl

+44 (0) 20 3470 0470

Alma PR

Justine James / Joe Pederzolli

+44 (0) 20 3405 0205

+44 (0) 7525 324431

mosman@almapr.co.uk

Joint Broker

Monecor (London) Ltd trading as ETX Capital Thomas Smith

020 7392 1432

 

Updates on the Company's activities are regularly posted on its website:

www.mosmanoilandgas.com

 

 

Notes to editors

Mosman (AIM:MSMN) is an oil exploration, development, and production company with projects in the US and Australia.

 

Mosman's strategic objectives remain consistent: to identify opportunities which will provide operating cash flow and have development upside, in conjunction with progressing exploration of existing exploration permits.

 

The Company has seven projects in the US: Stanley, Greater Stanley, Livingston, Winters, Challenger and Champion in East Texas and Arkoma in Oklahoma in addition to exploration projects in the Amadeus Basin in Central Australia.

 

 

 

1.

Details of PDMR/person closely associated with them ("PCA")

a)

Name

John Barr

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)

Full name of the entity

Mosman Oil and Gas Limited

b)

Legal Entity Identifier code

213800PWZID9URNNGZ54

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

Ordinary shares of Mosman Oil and Gas Limited



AU0000XINET1

b)

Nature of the transaction

Transfer of shares between accounts

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

AUD0.0014

(approx. 0.081p)

10,000,000



d)

Aggregated information

-     Aggregated volume

-     Price

 

Single transaction as in 4c) above

e)

Date of the transaction

31 May 2022

f)

Place of the transaction

Outside a trading venue

 

 

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