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Jadestone Energy Inc Announces Director Share Dealing

SINGAPORE / ACCESSWIRE / February 28, 2020 / Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia Pacific region, announces that on February 26, 2020, A. Paul Blakeley, a Director, President and Chief Executive Officer of Jadestone, acquired a total of 100,000 common shares of no par value at a price of GBp 66.00 per share, for a total cost of £66,000.00.

Following the transaction, Mr. Blakeley holds a total of 2,582,798 common shares, which represents 0.56% of the Company's issued share capital.

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

A. Paul Blakeley

2.

Reason for the notification

a)

Position/status:

Director, President and Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3.

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

a)

Name

Jadestone Energy Inc.

b)

LEI:

254900E4GCXW63X26Q32

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 in Jadestone Energy Inc.

ISIN: CA46989Q1000

b)

Nature of the transaction:

Purchase of common shares of no par value in Jadestone Energy Inc.

c)

Price(s) and volume(s):

GBp 66.00 per share, 100,000 common shares

d)

Aggregated information:

·Aggregated volume:

·Price:

100,000 common shares

£66,000.00

e)

Date of the transaction:

February 26, 2020

f)

Place of the transaction

XLON

This announcement does not contain inside information.

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

For further information, please contact:

Enquiries

Jadestone Energy Inc.

+65 6324 0359 (Singapore)

Paul Blakeley, President and CEO

+1 403 975 6752 (Canada)

Dan Young, CFO

+44 7392 940495 (UK)

Robin Martin, Investor Relations Manager

ir@jadestone-energy.com

  

Stifel Nicolaus Europe Limited (Nomad, Joint Broker)

+44 (0) 20 7710 7600 (UK)

Callum Stewart

 

Nicholas Rhodes

 

Ashton Clanfield

 
  

BMO Capital Markets Limited (Joint Broker)

+44 (0) 20 7236 1010 (UK)

Thomas Rider

 

Jeremy Low

 

Thomas Hughes

 
  

Camarco (Public Relations Advisor)

+ 44 (0) 203 757 4980 (UK)

Billy Clegg

jadestone@camarco.co.uk

James Crothers

 


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SOURCE: Jadestone Energy Inc.



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