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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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