REG - Energean PLC - Director/PDMR Shareholding

EnergeanAnnouncement

03/06/2025 13:45

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RNS Number : 2548L  Energean PLC  03 June 2025

Energean plc

("Energean" or the "Company")

 

DIRECTOR / PDMR Shareholding

 

London, 3 June 2025 - Notification of Transactions of Persons Discharging
Managerial Responsibilities ("PDMR") in respect of the 2025 grant of awards
under the Company's Long-Term Incentive Plan ("LTIP").

At the Company's Annual General Meeting held on 22 May 2025, shareholders
approved a revised Directors' Remuneration Policy which increased the LTIP
opportunity for Executive Directors to 300% of salary. A corresponding
additional grant of awards in respect of the 2025 LTIP is detailed below.

 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                                     Grant of conditional award over shares under the Energean Plc Long-Term

                                                             Incentive Plan. The award is subject to a performance period ending on 31
                                                                   December 2027. The award will be subject to a further two-year holding period.

                                                                   The right to receive dividend equivalents as shares shall apply in respect of
                                                                   any future dividends with record dates occurring before the release date of
                                                                   awards granted under the Long-Term Incentive Plan.

 c)  Price(s) and volume(s)

Price(s)

                                                                        Volume(s)

                                                                   nil       120,123

 
 d)

     Aggregated information

                                                                   n/a

     - Aggregated volume

                                                                   n/a

     - Price

 e)  Date of the transaction

                                                                      2025-05-30

 f)  Place of the transaction

                                                                   Outside a Trading Venue

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

n/a

 

n/a

 

e)

Date of the transaction

 

   2025-05-30

 

f)

Place of the transaction

 

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                                     Grant of conditional award over shares under the Energean Plc Long-Term

                                                             Incentive Plan. The award is subject to a performance period ending on 31
                                                                   December 2027. The award will be subject to a further two-year holding period.

                                                                   The right to receive dividend equivalents as shares shall apply in respect of
                                                                   any future dividends with record dates occurring before the release date of
                                                                   awards granted under the Long-Term Incentive Plan.

 c)  Price(s) and volume(s)

Price(s)

                                                                        Volume(s)

                                                                   nil       102,963

 
 d)

     Aggregated information

                                                                   n/a

     - Aggregated volume

                                                                   n/a

     - Price

 e)  Date of the transaction

                                                                      2025-05-30

 f)  Place of the transaction

                                                                   Outside a Trading Venue

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

n/a

 

n/a

 

e)

Date of the transaction

 

   2025-05-30

 

f)

Place of the transaction

 

Outside a Trading Venue

 

 

 

 

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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