Employee Share Purchase Plan And Director Dealings
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Calgary, Alberta - February 5, 2024 - Southern Energy Corp. ("Southern" or the "Company") (SOU: TSXV) (AIM:SOUC) (OTCQX:SOUTF) announces the following purchases of common shares ("Common Shares") under its Employee Share Purchase Plan, which was adopted by the Company on April 1, 2023 and is described in more detail in the Management Information Circular accompanying the 2023 Notice of Annual General Meeting. It is noted that such Common Shares purchased pursuant to the Employee Share Purchase Plan are subject to a six calendar month restriction on their sale.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | 1. Ian Atkinson 2. Calvin Yau 3. Gary McMurren |
| 2. | Reason for the notification | |
| a) | Position/status | 1. Director, President and Chief Executive Officer 2. Chief Financial Officer 3. Chief Operating Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Southern Energy Corp. |
| b) | LEI | 213800R25GL7J3EBJ698 |
| a) | Description of the financial instrument, type of instrument | Common Shares in Southern Energy Corp. |
| Identification code | CA8428131059 | |
| b) | Nature of the transaction | Purchase of Common Shares under the Company's Employee Share Purchase Plan |
| c) | Price(s) and volume(s) | Price Volume 1. CAD$0.21 15,873 2. CAD$0.21 14,920 3. CAD$0.21 14,920 |
| d) | Aggregated information | |
| N/A, single transaction for each PDMR | ||
| e) | Date of the transaction | 1 February 2024 |
| f) | Place of the transaction | TSX Venture Exchange |
About Southern Energy Corp.
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