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EMPLOYEE SHARE PURCHASE PLAN & DIRECTOR PURCHASES

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RNS Number : 8958O
Touchstone Exploration Inc.
04 October 2019
 

EMPLOYEE SHARE PURCHASE PLAN AND DIRECTOR / PDMR PURCHASES

 

Calgary, Alberta - October 4, 2019 - Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX / LSE: TXP) announces the following purchases under its Employee Share Purchase Plan.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Paul R. Baay

2

 

Reason for the notification

a)

 

Position/status

 

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

Touchstone Exploration Inc.

b)

 

LEI

 

2138008URBSUC1J24J73

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 Touchstone Exploration Inc.

 

 

CA89156L1085

b)

 

Nature of the transaction

 

 

Purchase of common shares by the Trustee of the Employee Share Purchase Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

$0.23

16,848

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

e)

 

Date of the transaction

04/10/2019

f)

 

Place of the transaction

Toronto Stock Exchange

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Scott Budau

2

 

Reason for the notification

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Name

 

Touchstone Exploration Inc.

b)

 

LEI

 

2138008URBSUC1J24J73

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 Touchstone Exploration Inc.

 

 

CA89156L1085

b)

 

Nature of the transaction

 

 

Purchase of common shares by the Trustee of the Employee Share Purchase Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

$0.23

 

6,522

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

e)

 

Date of the transaction

04/10/2019

f)

 

Place of the transaction

Toronto Stock Exchange

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

James Shipka

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Operating Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Name

 

Touchstone Exploration Inc.

b)

 

LEI

 

2138008URBSUC1J24J73

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 Touchstone Exploration Inc.

 

 

CA89156L1085

b)

 

Nature of the transaction

 

 

Purchase of common shares by the Trustee of the Employee Share Purchase Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

$0.23

13,043

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A (single transaction)

e)

 

Date of the transaction

04/10/2019

f)

 

Place of the transaction

Toronto Stock Exchange

 

For further information, please contact:

 

Touchstone Exploration Inc.

Mr. Paul Baay, President and Chief Executive Officer                               Tel: +1 (403) 750-4487

Mr. Scott Budau, Chief Financial Officer

www.touchstoneexploration.com

 

 

 

Shore Capital (Nominated Advisor and Joint Broker)

Nominated Advisor: Edward Mansfield / Mark Percy / Daniel Bush           Tel: +44 (0) 207 408 4090

Corporate Broking: Jerry Keen

 

GMP FirstEnergy (Joint Broker)

Jonathan Wright / Hugh Sanderson                                                           Tel: +44 (0) 207 448 0200

 

Camarco (Financial PR)

Nick Hennis / Jane Glover                                                                         Tel: +44 (0) 203 781 8330

 

About Touchstone

 

Touchstone Exploration Inc. is a Calgary based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. Touchstone is currently active in onshore properties located in the Republic of Trinidad and Tobago. The Company's common shares are traded on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol "TXP".

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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Price: 14

Market: AIM
Market Cap: £22.5 m
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