Maple Energy (MPLE) - Director Shareholding RNS Number : 0710S Maple Energy plc 27 November 2012 For immediate release 27 November 2012 MAPLE ENERGY PLC ("Maple" or the "Company") Notification of Transactions By Directors and Persons Discharging Managerial Responsibility Shareholding Maple Energy plc (AIM: MPLE; LIMA: MPLE), an integrated energy company with assets in Peru, was notified that on 26 November 2012, Mr. Tony Hines, Senior Vice President and Executive Director, entered into a sale and repurchase agreement (the "Agreement") through the Lima Stock Exchange for the sale and repurchase of up to 96,480 ordinary shares beneficially owned by Mr. Tony Hines. Under the terms of the Agreement, Mr. Tony Hines sold 96,480 ordinary shares at a price of $ 1.10 (69p*) per ordinary share, while assuming an obligation to repurchase such shares at a price of $1.16 (72p*) per ordinary share on 27 May 2013. Mr. Tony Hines has used the proceeds from this transaction to fulfill his repayment obligations outstanding under an existing sale and repurchase agreement that became due on 26 November 2012. Following the completion of the transaction described above, and prior to the repurchase of such ordinary shares, Mr. Tony Hines will beneficially own 8,646,447 ordinary shares, or 5.8% of the outstanding share capital of Company on a non-diluted basis *The exchange rate used was 1.6020, the rate at Bloomberg for US dollars/UK sterling at 15:28hrs(EST) on 26 November 2012. For further information, please contact: Maple Energy plc (+ 51 1 611 4000) Rex W. Canon, Chief Executive Officer, President and Executive Director Cenkos Securities plc (+44 20 7397 8900) Jon Fitzpatrick Ken Fleming Buchanan (+44 20 7466 5000) Mark Edwards Ben Romney This information is provided by RNS The company news service from the London Stock Exchange END RDSFEUSMWFESELF -0- Nov/27/2012 07:01 GMT
Maple Energy MPLE Director Shareholding
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