May 23, 2019 - 2:00 AM EDT
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SDX Energy Inc. ("SDX" or the "Company") - Director/PDMR Shareholding

Canada NewsWire

LONDON, May 23, 2019 /CNW/ - SDX Energy Inc. (TSXV, AIM: SDX), the North Africa-focused oil and gas company announces that on 21 May 2019 Michael Doyle, Non-Executive Chairman of SDX, purchased 100,000 common shares and David Mitchell, Director of SDX, purchased 97,500 common shares in the Company at average prices of CAD$0.4128 and CAD$0.41 respectively.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Mitchell

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer

a)

Name

SDX Energy Inc

b)

LEI

2138009ONR2QHPDVRF95

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

Common shares of no par value
CA78410A1075

c)

Nature of the transaction

Acquisition

c)

Price(s) and volume(s)

Price(s)

Volume(s)

CAD$0.41

97,500

d)

Aggregated information
- Aggregated volume - Price

Price(s)

Volume(s)

CAD$0.41

97,500

e)

Date of the transaction

21 May 2019

f)

Place of the transaction

XTSX

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Doyle (through beneficially owned company CanPetro
International Limited)

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer

a)

Name

SDX Energy Inc

b)

LEI

2138009ONR2QHPDVRF95

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

Common shares of no par value

CA78410A1075

c)

Nature of the transaction

Acquisition

c)

Price(s) and volume(s)

Price(s)

Volume(s)

CAD$0.4128

100,000

d)

Aggregated information

- Aggregated volume - Price

Price(s)

Volume(s)

CAD$0.4128

100,000

e)

Date of the transaction

21 May 2019

f)

Place of the transaction

XTSX

 

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

SOURCE SDX Energy Inc.

View original content: http://www.newswire.ca/en/releases/archive/May2019/23/c7008.html

SDX Energy Inc.: Mark Reid, Chief Financial Officer and Interim Chief Executive Officer, Tel: +44 203 219 5640; Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker): Callum Stewart/Nicholas Rhodes/Ashton Clanfield, Tel: +44 (0) 20 7710 7600; Cantor Fitzgerald Europe (Joint Broker): David Porter, Tel: +44 207 7894 7000; GMP FirstEnergy (Joint Broker): Jonathan Wright, Tel: +44 207 448 0200; Celicourt (PR): Mark Antelme/Jimmy Lea/Ollie Mills, Tel: +44 207 520 9261Copyright CNW Group 2019


Source: Canada Newswire (May 23, 2019 - 2:00 AM EDT)

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