Altona Energy Plc - Director/PDMR Shareholding PR Newswire

                                                                                                                                    2 May 2019                                                                                                                                    

Altona Energy Plc

(“Altona” or “the Company”)

Director/PDMR Shareholding

The Board of Altona (NEX: ANR) was notified on 1 May 2019 that, on the same day, Christian Taylor-Wilkinson, a Non-Executive Director of the Company, was allotted 43,478 ordinary shares of 0.1p each in the Company at 23p per share (the offer price as at 12pm on 1 May 2019), in lieu of his Director’s fees amounting to £10,000.  Mr Taylor-Wilkinson’s interest in the Company is now 46,478 shares representing 3.0% of the Company’s issued share capital.


1  Details of the person discharging managerial responsibilities I person
   closely associated

a) Name                            Christian Taylor-Wilkinson

2  Reason for the notification

a) Position/status                 Non-Executive Director

b) Initial notification /Amendment Initial notification

3  Details of the issuer, emission allowance market participant, auction
   platform, auctioneer or auction monitor

a) Name                            Altona Energy plc

b) LEI

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    Ordinary shares of 0.1p each
   instrument, type of instrument


   Identification code
                                   GB00B06GJT32


b) Nature of the transaction
                                   Allotment of ordinary shares in lieu of
                                   Director’s fee

c) Price(s) and volume(s)
                                   Price(s) Volume(s)

                                   23p      43,478


d) Aggregated information
   - Aggregated volume             43,478
   - Price                         23p

e) Date of the transaction         1 May 2019

f) Place of the transaction        NEX Exchange Growth Market



-ends-

For further information, please visit www.altonaenergy.com or contact:


Altona Energy plc
Qinfu Zhang, Executive Chairman                            +44 (0) 7795 168 157

Alfred Henry Corporate Finance Ltd (NEX Corporate Adviser)
Jon Isaacs / Nick Michaels
                                                           +44 (0) 20 3772 0021

Leander (Financial PR)
Christian Taylor- Wilkinson                                +44 (0) 7795 168 157



Company Information

Altona is an exploration company focused on the evaluation and development of its significant coal resource exceeding 7 billion tonnes (1.3 billion tonnes historic JORC compliant) in the northern portion of the Permian Arckaringa Basin in South Australia.  Through its wholly owned Australian subsidiary Arckaringa Energy Pty Ltd, Altona holds a 100% interest in three exploration licences covering 1,944 sq. kms in the northern portion of the Permian Arckaringa Basin in South Australia including three coal deposits – Westfield (EL5676), Wintinna (EL5677) and Murloocoppie (EL5678).  All three deposits lie close to the Adelaide to Darwin railroad and the Stuart Highway.

The Company is currently evaluating an investment in a Chinese vanadium mining company.

The Company was admitted to trading on AIM on 10 March 2005 and transferred its listing to NEX Exchange Growth Market on 1 February 2019.  A copy of its admission documents dated 4 March 2005 can be accessed on its website, www.altonaenergy.com.  This website is where items can be inspected under Rule 75 of the NEX Rules for Issuers.