SDX Energy Inc. ("SDX" or the "Company") - Director/PDMR Shareholding

LONDON, May 23, 2019 /CNW/ - SDX Energy Inc. (TSXV, AIM: SDX), the North Africa-focused oil and gas company announces that on 21 May 2019 Michael Doyle, Non-Executive Chairman of SDX, purchased 100,000 common shares and David Mitchell, Director of SDX, purchased 97,500 common shares in the Company at average prices of CAD$0.4128 and CAD$0.41 respectively.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Mitchell
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	SDX Energy Inc
b)	LEI	2138009ONR2QHPDVRF95
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 no par value CA78410A1075
c)	Nature of the transaction	Acquisition
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		CAD$0.41	97,500
d)	Aggregated information - Aggregated volume - Price	Price(s)	Volume(s)
		CAD$0.41	97,500
e)	Date of the transaction	21 May 2019
f)	Place of the transaction	XTSX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Doyle (through beneficially owned company CanPetro International Limited)
2	Reason for the notification
a)	Position/status	Non-Executive Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	SDX Energy Inc
b)	LEI	2138009ONR2QHPDVRF95
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 no par value CA78410A1075
c)	Nature of the transaction	Acquisition
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		CAD$0.4128	100,000
d)	Aggregated information - Aggregated volume - Price	Price(s)	Volume(s)
		CAD$0.4128	100,000
e)	Date of the transaction	21 May 2019
f)	Place of the transaction	XTSX

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE SDX Energy Inc.

SDX Energy Inc.: Mark Reid, Chief Financial Officer and Interim Chief Executive Officer, Tel: [phone]; Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker): Callum Stewart/Nicholas Rhodes/Ashton Clanfield, Tel: [phone]; Cantor Fitzgerald Europe (Joint Broker): David Porter, Tel: [phone]; GMP FirstEnergy (Joint Broker): Jonathan Wright, Tel: [phone]; Celicourt (PR): Mark Antelme/Jimmy Lea/Ollie Mills, Tel: [phone]

Related Links

http://www.seadragonenergy.com