REG-Genel Energy PLC Genel Energy PLC: Director / PDMR Shareholding
30/04/2024 15:30
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Genel Energy PLC (GENL)
Genel Energy PLC: Director / PDMR Shareholding
30-Apr-2024 / 15:30 GMT/BST
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30 April 2024
Genel Energy plc (the ‘Company’)
2024 Awards - Notification of Transactions by
Persons Discharging Managerial Responsibilities (‘PDMRs’)
Pursuant to the notification obligations under UK Market Abuse Regulations
Article 19.1 the Company granted awards over its ordinary shares of 10
pence each under the 2021 Performance Share Plan (‘PSP’) on 30 April 2024
to the PDMRs set out below.
PSP awards
PSP awards granted were made in the form of nil-cost options and are
subject to a three year performance period.
No. of shares subject Total number of shares over which
Name to PSP Award options/awards are held following
notification
Paul Weir 879,455 1,836,923
Luke Clements 402,436 871,243
Mike Adams 411,167 1,085,667
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Paul Weir
2 Reason for Notification
a) Position/status CEO
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
Details of the transaction(s): section to be replaced for (i) each
4 type of instrument; (ii) each type of transaction; (iii) each date
(iv) each place where transaction have been conducted
Description of the financial Ordinary shares of 10 pence each
instrument, type of instrument
a)
Identification code
JE00B55Q3P39
Grant of nil-cost options under the
b) Nature of the transaction Company’s Performance Share Plan
Nil cost
c) Price(s) and volumes(s)
879,455
Aggregated information
d) -Aggregated volume
879,455
-Price
Nil
e) Date of the transaction 30 April 2024
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Luke Clements
2 Reason for Notification
a) Position/status CFO
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
Details of the transaction(s): section to be replaced for (i) each
4 type of instrument; (ii) each type of transaction; (iii) each date
(iv) each place where transaction have been conducted
Description of the financial Ordinary shares of 10 pence each
instrument, type of instrument
a)
Identification code
JE00B55Q3P39
b) Nature of the transaction Grant of nil-cost options under the
Company’s Performance Share Plan
Nil cost
c) Price(s) and volumes(s)
402,436
Aggregated information
d) -Aggregated volume
402,436
-Price
Nil
e) Date of the transaction 30 April 2024
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Mike Adams
2 Reason for Notification
a) Position/status Technical Director
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
Details of the transaction(s): section to be replaced for (i) each
4 type of instrument; (ii) each type of transaction; (iii) each date
(iv) each place where transaction have been conducted
Description of the financial Ordinary shares of 10 pence each
instrument, type of instrument
a)
Identification code
JE00B55Q3P39
b) Nature of the transaction Grant of nil-cost options under the
Company’s Performance Share Plan
Nil cost
c) Price(s) and volumes(s) 411,167 shares
Aggregated information
d) -Aggregated volume
411,167
-Price
Nil
e) Date of the transaction 30 April 2024
f) Place of the transaction Outside a trading venue
-ends-
For further information please contact:
Genel Energy
+44 20 7659 5100
Andrew Benbow, Head of Communications
Vigo Consulting
+44 20 7830 9700
Patrick d’Ancona
Notes to editors:
Genel Energy is a socially responsible oil producer listed on the main
market of the London Stock Exchange (LSE: GENL, LEI:
549300IVCJDWC3LR8F94). Genel has low-cost and low-carbon production from
the Kurdistan Region of Iraq, and continues to seek opportunities to add
new resilient and cash-generative assets to its portfolio. For further
information, please refer to www.genelenergy.com
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: JE00B55Q3P39, NO0010894330
Category Code: DSH
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
OAM Categories: 2.3. Major shareholding notifications
2.3. Major shareholding notifications
Sequence No.: 318913
EQS News ID: 1893293
End of Announcement EQS News Service
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