REG - Energean PLC - Director/PDMR Shareholding

EnergeanAnnouncement

24/06/2022 07:00

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RNS Number : 0479Q  Energean PLC  24 June 2022

24 June 2022

 

Energean plc

("Energean" or the "Company")

 

DIRECTOR / PDMR Shareholding

 

London, 24 June 2022 - Notification of Transactions of Persons Discharging
Managerial Responsibilities ("PDMRs")

 

The Company notes that Growthy Holdings Co. Limited ("Growthy Holdings"), a
holding company owned by Mathios Rigas, has notified the Company that it has
sold 5,000,000 ordinary shares it owns in Energean (the "Shares") (the
"Sale"), representing approximately 2.8 per cent. of the Company's existing
issued share capital.  The Sale was effected through an accelerated
book-built offering of the Shares to institutional investors.

 

Mr Rigas remains fully committed to the business and is confident in the
outlook for Energean. Following completion of the Sale, Mr Rigas will remain a
significant shareholder in Energean owning (directly or indirectly)
approximately 15 million shares of the Company, representing approximately
8.5% of the Company's issued share capital.

 

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                                                         Mathios Rigas
 2     Reason for the notification
 a)    Position/status                                              Chief Executive Officer
 b)    Initial notification /Amendment                              Initial notification
 3     Details of the issuer
 a)    Name                                                         Energean plc
 b)    LEI                                                          549300RVMKU0CYUZBB05
 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 on 1 pence each

                                                                    ISIN GB00BG12Y042
 b)    Nature of the transaction                                    Growthy Holdings Co. Limited, a holding company owned by Mathios Rigas, sold
                                                                    ordinary shares in Energean plc by way of an accelerated book-built offering
                                                                    of the ordinary shares to institutional investors
 c)    Price(s) and volume(s)                                       Price(s)   Volume(s)

                                                                    GBP 11.06  5,000,000
 d)    Aggregated information                                       N/A

       - Aggregated volume - Price
 e)    Date of the transaction                                      23 June 2022
 f)    Place of the transaction                                     London Stock Exchange (XLON)

d)

Aggregated information

- Aggregated volume - Price

N/A

e)

Date of the transaction

23 June 2022

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

Enquiries

 

For capital markets: ir@energean.com

 

Maria Martin, Head of Corporate
Finance
Tel: +44 7917 573 354

 

For media: pblewer@energean.com

 

Paddy Blewer, Head of Corporate Communications
                               Tel: +44 7765 250 857

 

 

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