Sunda Energy PLC
29 July 2026
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("EUWA")) ("UK MAR")
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.
29 July 2026
Sunda Energy Plc
("Sunda" or "Sunda Energy" or the "Company")
Director purchase of CLNs
Sunda Energy Plc (AIM: SNDA), the AIM-quoted oil & gas company focused on oil and gas assets in the Asia-Pacific region, is pleased to report that its board of directors (the "Board") has been informed by Dr Andy Butler, CEO of Sunda, that he has agreed to acquire from Alumni Capital Limited ("Alumni") the outstanding balance of unsecured convertible loan notes (the "CLNs"), which have a face value of £400,000. The CLNs were issued as part of the financing arrangements in relation to the conditional acquisition of Matahio Energy NZ Limited, as announced by the Company on 8 April 2026 (the "Transaction"). The Transaction remains conditional, inter alia, on New Zealand government approval for the change of control and the Company is working towards completion of the Transaction in September 2026.
The terms of the CLNs, as detailed in the announcement of 8 April 2026, will remain unchanged following completion of the transfer of these CLNs from Alumni to Dr Andy Butler. Dr Butler has indicated to the Board that he does not currently intend to convert the acquired CLNs.
ENDS
For further information, please contact:
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Sunda Energy Plc Andy Butler, Chief Executive Rob Collins, Chief Financial Officer |
Tel: +44 (0) 20 7770 6424 |
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Allenby Capital Limited (Nominated Adviser and Joint Broker) Nick Athanas, Nick Harriss, Ashur Joseph (Corporate Finance) Kelly Gardiner (Sales and Corporate Broking) |
Tel: +44 (0) 203 328 5656 |
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Hannam & Partners Advisory Limited (Advisor and Joint Broker) Neil Passmore (Corporate Finance) Leif Powis (Sales)
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Tel: +44 (0) 20 7907 8502 |
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Celicourt Communications (Financial PR and IR) Mark Antelme, Philip Dennis, Charles Denley-Myerson |
Tel: +44 (0) 20 7770 6424 sunda@celicourt.uk |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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|
a) |
Name |
Dr Andrew Butler |
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2. |
Reason for the Notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Sunda Energy Plc |
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b) |
LEI |
213800MBSOS9UZ5SW712 |
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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 |
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a) |
Description of the Financial instrument, type of instrument |
Loan notes convertible into ordinary Shares of 0.1 pence each |
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Identification code |
ISIN: GB00BSHSGY88 |
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b) |
Nature of the transaction |
Purchase of Convertible Loan Notes |
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c) |
Price(s) and volume(s) |
Price: £432,000 Volume (principal value of CLNs): £400,000 of Convertible Loan Notes |
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d) |
Aggregated information: - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
28 July 2026 |
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f) |
Place of the transaction |
Outside a trading venue |
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