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REG - Energean PLC - Director/PDMR Shareholding

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RNS Number : 3873J  Energean PLC  04 April 2024

Energean plc

("Energean" or the "Company")

 

DIRECTOR / PDMR Shareholding

 

London, 4 April 2024 - Notification of Transactions of Persons Discharging
Managerial Responsibilities ("PDMR") in respect of the release of shares
which vested on 28 March 2022 under the Company's Long Term Incentive
Plan relating to the period 2019-2021 (the "LTIP") and that have been subject
to a 2-year holding period. The release of shares for the LTIP includes
dividend equivalent shares in respect of the interim dividends announced by
the Company on 8 September 2022, 17 November 2022, 9 February 2023, 18 May
2023, 7 September 2023, 16 November 2023 and 22 February 2024 and paid on 30
September 2022, 30 December 2022, 30 March 2023, 30 June 2023, 29 September
2023, 29 December 2023 and 29 March 2024 respectively ("Interim Dividends"),
and the sale of sufficient shares to cover income tax and national insurance
liabilities.

 

 1

     Details of the person discharging managerial responsibilities / person closely
     associated

 a)  Name                                                          Mathios Rigas
 2

     Reason for the notification

 a)                                                                Chief Executive Officer

     Position/status

 b)                                                                Initial notification

     Initial notification /Amendment

 3

     Details of the issuer

 a)                                                                Energean plc

     Name

 b)                                                                549300RVMKU0CYUZBB05

     LEI

 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 1p each

     Identification Code

                                                                   GB00BG12Y042

 b)

     Nature of the transaction                                     (i)   Release of shares under the LTIP;

                                                                   (ii)   Release of dividend equivalent shares in respect of the Interim
                                                                   Dividends; and

                                                                   (iii)  Sale of shares to cover income tax and national insurance liabilities.

 c)  Price(s) and volume(s)

Price(s)

                                                                             Volume(s)

                                                                   (i)   nil

                                                                             (i)   129,063

                                                                   (ii)   nil         (ii)   20,168

                                                                   (iii)  £10.650     (iii)  9,990

 
 d)                                                                Release

                                                             Sale
     Aggregated information

                                                             149,231                         9,990
     - Aggregated volume

                                                             Nil
     - Price

                                                             £10.650

 e)  Date of the transaction

                                                                      2024-04-02

 f)  Place of the transaction

                                                                   (i)   Outside a trading venue

                                                                   (ii)   Outside a trading venue

                                                                   (iii)  XLON

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Release
Sale

 

149,231                         9,990

 

Nil
 
£10.650

 

e)

Date of the transaction

 

   2024-04-02

 

f)

Place of the transaction

 

(i)   Outside a trading venue

 

(ii)   Outside a trading venue

 

(iii)  XLON

 

 

 

 1

     Details of the person discharging managerial responsibilities / person closely
     associated

 a)  Name                                                          Panos Benos
 2

     Reason for the notification

 a)                                                                Chief Financial Officer

     Position/status

 b)                                                                Initial notification

     Initial notification /Amendment

 3

     Details of the issuer

 a)                                                                Energean plc

     Name

 b)                                                                549300RVMKU0CYUZBB05

     LEI

 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 1p each

     Identification Code

                                                                   GB00BG12Y042

 b)

     Nature of the transaction                                     (i)   Release of shares under the LTIP;

                                                                   (ii)   Release of dividend equivalent shares in respect of the Interim
                                                                   Dividends; and

                                                                   (iii)  Sale of shares to cover income tax and national insurance liabilities.

 c)  Price(s) and volume(s)

Price(s)

                                                                             Volume(s)

                                                                   (i)   nil

                                                                             (i)   77,437

                                                                   (ii)   nil         (ii)   12,101

                                                                   (iii)  £10.650     (iii)  21,514

 
 d)                                                                Release

                                                             Sale
     Aggregated information

                                                             89,538
     - Aggregated volume                                                       21,514

     - Price                                                       Nil

                                                                   £10.650

 e)  Date of the transaction

                                                                      2024-04-02

 f)  Place of the transaction

                                                                   (i)   Outside a trading venue

                                                                   (ii)   Outside a trading venue

                                                                   (iii)  XLON

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Release
Sale

 

89,538
            21,514

 

Nil
 
£10.650

 

e)

Date of the transaction

 

   2024-04-02

 

f)

Place of the transaction

 

(i)   Outside a trading venue

 

(ii)   Outside a trading venue

 

(iii)  XLON

 

 

 

 

 

Enquiries

 

For capital markets: ir@energean.com

Kyrah McKenzie, Investor Relations
Manager
Tel: +44 7921 210 862

For media: pblewer@energean.com

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

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