Director/PDMR Shareholding
Zenith Energy Ltd. announced that CEO Andrea Cattaneo and CFO Luca Benedetto participated in the equity issuance related to the Spotlight Stock Market admission in Sweden. Cattaneo subscribed for 5,622,009 new common shares at SEK 0.45, resulting in a total beneficial interest of 56,623,423 common shares, representing 10.33% of the company's issued share capital. Benedetto subscribed for 1,614,059 new common shares at SEK 0.45, bringing his total beneficial interest to 16,256,389 common shares, or 2.96% of the company's issued share capital. The transactions occurred on September 25, 2025, on the Spotlight Market Sweden.
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Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international energy production and development company, is pleased to announce that its Chief Executive Officer & President, Mr. Andrea Cattaneo, and Mr. Luca Bendetto, Executive Director & Chief Financial Officer, have advised the Company that they have participated in the recently announced equity issuance in connection with Zenith's admission to the Spotlight Stock Market in Sweden (the "Swedish Offering").
- Andrea Cattaneo, Chief Executive Officer & President of Zenith, has participated in the Swedish Offering by subscribing for 5,622,009 New Common Shares of no-par value in the capital of the Company.
Following the Swedish Offering, Mr. Cattaneo will be directly beneficially interested in a total of 56,623,423 common shares in the capital of the Company, representing 10.33% percent of the total issued and outstanding common share capital of the Company admitted to trading on the Euronext Growth Oslo.
- Luca Benedetto, Chief Financial Officer of Zenith, participated in the Swedish Offering by subscribing for 1,614,059 New Common Shares of no-par value in the capital of the Company.
Following the Swedish Offering, Mr. Benedetto will be directly beneficially interested in a total of 16,256,389 common shares in the capital of the Company, representing 2.96% percent of the total issued and outstanding common share capital of the Company admitted to trading on the Euronext Growth Oslo.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Andrea Cattaneo | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer & President | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Zenith Energy Ltd. | |
| b) | LEI | 213800AYTYOYD61S4569 | |
| a) | Description of the financial instrument, type of instrument | Common Shares | |
| Identification code | CA98936C8584 | ||
| b) | Nature of the transaction | Subscription for Common Shares | |
| c) | Price(s) and volumes(s) | Price(s) SEK 0.45 | Volume(s) 5,622,009 |
| d) | Aggregated information | ||
| Aggregated volume | |||
| Aggregated price | |||
| e) | Date of the transaction(s) | September 25, 2025 | |
| f) | Place of the transaction | Spotlight Market Sweden | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Luca Benedetto | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer & Executive Director | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Zenith Energy Ltd. | |
| b) | LEI | 213800AYTYOYD61S4569 | |
| a) | Description of the financial instrument, type of instrument | Common Shares | |
| Identification code | CA98936C8584 | ||
| b) | Nature of the transaction | Subscription for Common Shares | |
| c) | Price(s) and volumes(s) | Price(s) SEK 0.45 | Volume(s) 1,614,059 |
| d) | Aggregated information | ||
| Aggregated volume | |||
| Aggregated price | |||
| e) | Date of the transaction(s) | September 25, 2025 | |
| f) | Place of the transaction | Spotlight Market Sweden | |
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