14 January 2020

Amerisur Resources plc ('Amerisur' or the 'Company')

Director Dealings

Amerisur, the oil and gas producer and explorer focused on Colombia, announces that Nick Harrison, Chief Financial Officer of Amerisur, has transferred 4,311,459 ordinary shares of 0.1 pence each in the Company to The Abbstone One Discretionary Trust, a trust of which Nick Harrison's family are beneficiaries.

Following the transfer, Nick Harrison retains 2,148,693 ordinary shares of 0.1 pence each in the Company. This includes shares directly owned by Nick Harrison and shares directly owned by Westleigh Investment Holdings Limited, a company in which Nick Harrison has an interest.

Director/PDMR Shareholding

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Nick Harrison

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer and a person discharging managerial responsibilities

(b)

Initial notification/ Amendment

Initial Notification

3.

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

(a)

Name

Amerisur Resources plc

(b)

LEI

2138008EMW6F92THIC31

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

Ordinary shares of 0.1p in Amerisur Resources plc

ISIN: GB0032087826

(b)

Nature of the transaction

Transfer of shares by Nick Harrison to The Abbstone One Discretionary Trust.

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

4,311,459

(d)

Aggregated information:

· Aggregated volume

· Price

4,311,459

Nil

(e)

Date of the transaction

13 January 2020

(f)

Place of the transaction

Outside a trading venue

5.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

The Abbstone One Discretionary Trust ('Abbstone')

6.

Reason for the notification

(a)

Position/status

The notification concerns a person closely associated with a person discharging managerial responsibilities.

The relevant person discharging managerial responsibilities is Nick Harrison, the CFO of Amerisur Resources plc.

(b)

Initial notification/ Amendment

Initial Notification

7.

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

(a)

Name

Amerisur Resources plc

(b)

LEI

2138008EMW6F92THIC31

8.

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

Ordinary shares of 0.1p in Amerisur Resources plc

ISIN: GB0032087826

(b)

Nature of the transaction

Transfer of shares by Nick Harrison to The Abbstone One Discretionary Trust.

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

4,311,459

(d)

Aggregated information:

· Aggregated volume

· Price

4,311,459

Nil

(e)

Date of the transaction

13 January 2020

(f)

Place of the transaction

Outside a trading venue

ENDS

Enquiries:

Nathan Piper, Head of Business Development and Comms

Amerisur Resources

Tel: +44 (0)330 333 8273

Billy Clegg/Kimberley Taylor
Camarco

Tel: +44 (0)203 757 4983

Callum Stewart/Ashton Clanfield/Nicholas Rhodes
Stifel Nicolaus Europe Limited

Tel: +44 (0)20 7710 7600

Chris Sim/Tejas Padalkar
Investec

Tel: +44 (0)207 597 4000

Paul Shackleton/Dan Gee-Summons
Arden Partners Plc

Tel: +44 (0)207 614 5900

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Disclaimer

Amerisur Resources plc published this content on 14 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2020 16:57:08 UTC