REG-Genel Energy PLC Genel Energy PLC: Director/PDMR Shareholding

Genel EnergyAnnouncement

26/03/2020 08:35

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   Genel Energy PLC (GENL)
   Genel Energy PLC: Director/PDMR Shareholding

   26-March-2020 / 08:30 GMT/BST
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   26 March 2020

    

    NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY
         ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
                                        

   On 25 March 2020, Ümit Tolga Bilgin notified the Company that on 24  March
   2020, Bilgin Grup  Doğalgaz A.Ş.  had purchased 5,691  Ordinary Shares  in
   Genel Energy plc  at a  price of  £0.82 per  share. Ümit  Tolga Bilgin  is
   Vice-Chairman of  Bilgin  Grup  Doğalgaz  A.Ş.,  and  is  a  Non-Executive
   Director of Genel Energy plc.

   The notification below is made in accordance with the requirements of  the
   EU Market Abuse Regulation provides further detail.

   1    Details of the person discharging managerial responsibilities /
        person closely associated
     a) Name                                Bilgin Grup Doğalgaz A.Ş.
   2    Reason for Notification
   a)   Position/status                     Person closely associated to Ümit
                                            Tolga Bilgin
   b)   Initial notification / Amendment    Initial notification
   3    Details of the issuers, emission allowance market participant,
        auction platform, auctioneer or auction monitor
   a)   Name                                Genel Energy plc
   b)   LEI                                 549300IVCJDWC3LR8F94
        Details of the transaction(s): section to be replaced for (i) each
   4    type of instrument; (ii) each type of transaction; (iii) each date
        (iv) each place where transaction have been conducted
        Description of the financial        Ordinary shares of 10 pence each
        instrument, type of instrument
                                             
   a)    
                                             
        Identification code
                                            JE00B55Q3P39
                                            Purchase of ordinary shares
   b)   Nature of the transaction
                                             
                                            £0.82 per share
   c)   Price(s) and volumes(s)
                                            5,691
                                             
        Aggregated information
                                            5,691
   d)   -Aggregated volume
                                            £4,666.62
        -Price
                                             
   e)   Date of the transaction             24 March 2020
   f)   Place of the transaction            London Stock Exchange

    

                                     -ends-

    

   For further information, please contact:

    

   Genel Energy
                                         +44 20 7659 5100
   Andrew Benbow, Head of Communications
                                          
   Vigo Communications
                                         +44 20 7830 9700
   Patrick d'Ancona 

    

   Notes to editors:

    

   Genel Energy  is an  independent oil  and gas  exploration and  production
   company listed on the main market of the London Stock Exchange (LSE: GENL,
   LEI: 549300IVCJDWC3LR8F94). The Company,  with headquarters in London  and
   offices  in  Ankara  and  Erbil,  is  one  of  the  largest  London-listed
   independent oil  producers, and  is  the largest  holder of  reserves  and
   resources  in   the   Kurdistan  Region   of   Iraq.  Genel   has   highly
   cash-generative oil production from the  Taq Taq and Tawke licences,  with
   material growth potential from other  assets in the portfolio. Genel  also
   continues to pursue further growth opportunities. For further information,
   please refer to  1 www.genelenergy.com.

    

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   ISIN:          JE00B55Q3P39
   Category Code: DSH
   TIDM:          GENL
   LEI Code:      549300IVCJDWC3LR8F94
   Sequence No.:  54752
   EQS News ID:   1007699


    
   End of Announcement EQS News Service

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References

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