Director / PDMR Shareholding

03/06/18 02:03 AM EST


March 6, 2018 / TheNewswire - Zenith Energy Ltd ., (" Zenith " or the " Company "), ( LSE ZEN TSX.V ZEE ), the international oil & gas production company operating the largest onshore oilfield in Azerbaijan, is pleased to announce that its Chief Executive Officer & President, M r. Andrea Cattaneo, has advised the Company that he has purchased a total of 100,000 Common Shares of no par value in the capital of the Company (" Common Shares ") at an average price of GBP0.07 per Common Share. Mr. Cattaneo purchased a total of 30,000 Common Shares on March 2, 2018. Today, Mr. Cattaneo purchased a total of 70,000 Common Shares. 


Following the aforementioned purchases, Mr. Cattaneo  is directly beneficially interested in a total o f 4,595,116 Common Shares in the capital of the Company, representing 2.89 per cent of the total issued and outstanding common share capital of the Company.  As announced on December 15, 2017, Mr. Cattaneo is indirectly interested in a total of 1,250,000 Common Shares, today representing 0.79 per cent of the Company's issued share capital. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


For further information please contact:

Zenith Energy Ltd.  

Andrea Cattaneo 

Chief Executive Officer 


Tel: +1 (587) 315 9031


Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon 

Kate Rogucheva

Tel: +44 (0) 20 7830 9700


Daniel Stewart & Company Plc - (Joint Broker)

Robert Emmet- Corporate Broking

Nikhil Varghese- Corporate Finance 

Tel: + 44 (0) 207 776 6550


Optiva Securities - (Joint Broker)

Christian Dennis

Tel: + 44 (0) 203 137 1903


Allenby Capital Limited  (Financial Adviser)

Nick Harriss

Nick Athanas

Tel: + 44 (0) 203 328 5656


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