REG - Capricorn Energy PLC - Director/PDMR Shareholding

Capricorn EnergyAnnouncement

09/04/2024 11:45

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RNS Number : 8826J  Capricorn Energy PLC  09 April 2024

FOR IMMEDIATE
RELEASE
           9 April 2024

 

 

 

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

 

 

Interests of Directors / Persons Discharging Managerial Responsibility
("PDMRs")

in the Company's Shares

 

 

1.         Purchase of Partnership Shares / Award of Matching Shares
under the Company's 2010 Share Incentive Plan (the "SIP")

 

Capricorn announces that, on 8 April 2024, the trustee (the "Trustee") of the
Company's HMRC approved all-employee SIP purchased ordinary shares of
(735)/(143) pence each in the Company ("Ordinary Shares") in the market at a
price of £1.7348 per Ordinary Share on behalf of participants in the
"Partnership Share" element of the SIP using deductions made from their gross
salary.

 

Capricorn also announces that, on 8 April 2024, awards of further Ordinary
Shares were made to the participants under the "Matching Share" element of the
SIP on the basis of two free Matching Shares for every one Partnership Share
purchased. The Ordinary Shares used to satisfy these awards were previously
purchased in the market.

 

Details of the PDMR who participated in the purchase / award are as follows:

 

                                     Number of Partnership Shares Purchased  Number of Matching Shares Awarded  Total Number of Shares Acquired

 PDMR

                                     86                                      172                                258

 Nathan Piper, Commercial Director

 

In accordance with the rules of the SIP, Partnership and Matching Shares are
initially held by the Trustee on the participants' behalf and, in the case of
Matching Shares, must normally remain so held throughout a period of five
years from the date of award.

 

2.            Summary of current holdings of PDMR

 

Following this announcement, Nathan Piper's beneficial interests in the Shares
of the Company are as follows:

 

 PDMR          Previous                                                 Current Shares  % Issued Share Capital          Outstanding entitlements under 2017 LTIP

               Shares
               Unvested Awards still subject to performance conditions                  Vested but unexercised Awards*
 Nathan Piper  3,676                                                    3,934           0.004                           279,128                0

 

* This column includes all outstanding awards that have vested following the
expiry of the applicable performance period, regardless of whether or not they
are currently capable of being exercised under the rules of the 2017 LTIP.

 

The following notifications are intended to satisfy the Company's obligations
under Article 19(3) of EU Regulation No 596/2014 as it forms part of domestic
law by virtue of the European (Withdrawal) Act 2018.

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Nathan Piper
 2   Reason for the notification
 a)  Position/status                                              Commercial Director
 b)  Initial notification/ Amendment                              Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Capricorn Energy PLC
 b)  LEI                                                          213800ZJEUQ8ZOC9AL24
 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  Ordinary shares of 735/143 pence each
     Identification code                                          GB00BRJ7R218
 b)  Nature of the transaction                                    Partnership shares purchased under the Company's all-employee Share Incentive
                                                                  Plan (2010).
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £1.7348   86
 d)  Aggregated information

     -   Aggregated volume

     -   Price                                                    -     Not applicable
 e)  Date of the transaction                                      8 April 2024
 f)  Place of the transaction                                     London Stock Exchange
 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  Ordinary shares of 735/143 pence each
     Identification code                                          GB00BRJ7R218
 b)  Nature of the transaction                                    Matching shares awarded under the Company's all-employee Share Incentive Plan
                                                                  (2010) on the basis of two free matching shares for every one partnership
                                                                  share purchased.
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.00     172
 d)  Aggregated information

     -   Aggregated volume

     -   Price                                                    -     Not applicable
 e)  Date of the transaction                                      8 April 2024
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-   Aggregated volume

-   Price

 

 

-     Not applicable

e)

Date of the transaction

8 April 2024

f)

Place of the transaction

London Stock Exchange

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

Ordinary shares of 735/143 pence each

Identification code

GB00BRJ7R218

b)

Nature of the transaction

Matching shares awarded under the Company's all-employee Share Incentive Plan
(2010) on the basis of two free matching shares for every one partnership
share purchased.

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 £0.00     172

d)

Aggregated information

-   Aggregated volume

-   Price

 

 

-     Not applicable

e)

Date of the transaction

8 April 2024

f)

Place of the transaction

London Stock Exchange

 

 

 

 

 

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