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REG - Energean PLC - Director/PDMR Shareholding

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RNS Number : 3633C  Energean PLC  26 March 2025

Energean plc

("Energean" or the "Company")

 

DIRECTOR / PDMR Shareholding

 

London, 26 March 2025 - 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 2020-2022 (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, 22 February 2024, 23 May 2024, 11
September 2024 and 28 November 2024  and paid on 30 September 2022, 30
December 2022, 30 March 2023, 30 June 2023, 29 September 2023, 29 December
2023, 29 March 2024, 28 June 2024, 30 September 2024 and 30 December 2024
respectively ("Interim Dividends"), and the sale of sufficient shares by
certain PDMRs 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; and

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

 c)  Price(s) and volume(s)

Price(s)

                                                                           Volume(s)

                                                                   (i)    nil

                                                                           (i)    276,772

                                                                   (ii)   nil     (ii)   65,695

 
 d)

     Aggregated information                                        342,467

     - Aggregated volume                                           Nil

     - Price

 e)  Date of the transaction

                                                                      2025-03-24

 f)  Place of the transaction

                                                                   (i)    Outside a trading venue

                                                                   (ii)   Outside a trading venue

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

342,467

 

Nil

 

e)

Date of the transaction

 

   2025-03-24

 

f)

Place of the transaction

 

(i)    Outside a trading venue

 

(ii)   Outside a trading venue

 

 

 

 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)    184,515

                                                                   (ii)   nil        (ii)   43,796

                                                                   (iii)  £8.234     (iii)  35,469

 
 d)                                                                Release

     Aggregated information                                        Sale

     - Aggregated volume                                           228,311                                 35,469

     - Price                                                       Nil

                                                                   £8.234

 e)  Date of the transaction

                                                                      2025-03-24

 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

 

228,311                                 35,469

 

Nil
 
£8.234

 

e)

Date of the transaction

 

   2025-03-24

 

f)

Place of the transaction

 

(i)    Outside a trading venue

 

(ii)   Outside a trading venue

 

(iii)  XLON

 

 

 

 

 

Enquiries

 

 For capital markets: ir@energean.com (mailto:ir@energean.com)
 Kyrah McKenzie, Investor Relations Manager                         Tel: +44 (0) 7921 210 862

 For media: pblewer@energean.com (mailto:pblewer@energean.com)
 Paddy Blewer, Corporate Communications Director & Head of CSR      Tel: +44 (0) 7765 250 857

 

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