Director / PDMR Shareholding
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.
Chief Executive Officer
Tel: +1 (587) 315 9031
Vigo Communications - PR Adviser
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)
Tel: + 44 (0) 203 137 1903
Allenby Capital Limited - (Financial Adviser)
Tel: + 44 (0) 203 328 5656
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