REG-Genel Energy PLC Genel Energy PLC: Director/PDMR Shareholding
30/05/2023 12:15
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Genel Energy PLC (GENL)
Genel Energy PLC: Director/PDMR Shareholding
30-May-2023 / 12:00 GMT/BST
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30 May 2023
Genel Energy plc
NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY
ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES AND A
PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
On 29 May 2023, Ümit Tolga Bilgin notified the Company that on 25 May
2023, Bilgin Grup Doğalgaz A.Ş. purchased 750,000 Ordinary Shares in Genel
Energy plc at a price of £1.1108 per share, and on 26 May 2013 Bilgin Grup
Doğalgaz A.Ş. purchased 25,000 Ordinary shares in Genel Energy plc at a
price of £1.1100 per share. Ümit Tolga Bilgin is Vice-Chairman of Bilgin
Grup Doğalgaz A.Ş., and is a Non-Executive Director of Genel Energy plc.
On 30 May 2023, Luke Clements notified the Company that on 30 May 2023, he
sold 8,928 Ordinary Shares in Genel Energy plc at a price of £1.120036 and
repurchased the same number of shares at a price of £1.130404 in order for
the shares to be held in an ISA account.
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
£1.1108 per share
c) Price(s) and volumes(s)
750,000
Aggregated information
d) -Aggregated volume 750,000
-Price £833,100
e) Date of the transaction 25 May 2023
f) Place of the transaction London Stock Exchange
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
£1.1100 per share
c) Price(s) and volumes(s)
25,000
Aggregated information
d) -Aggregated volume
25,000
-Price
£27,750
e) Date of the transaction 26 May 2023
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Luke Clements
2 Reason for Notification
a) Position/status Person discharging managerial
responsibility
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
Sale and purchase of ordinary
b) Nature of the transaction shares
Price Volume
£1.120036 per 8,928 (sold)
share
c) Price(s) and volumes(s) £1.130404 per 8,928 (purchase)
share
Aggregated information
(i) Aggregated volume
8,928
Price
d) £9,999.68
(ii) Aggregated volume
8,928
Price
£10,092.25
e) Date of the transaction 30 May 2023
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 Consulting
+44 20 7390 0230
Patrick d’Ancona
Notes to editors:
Genel Energy is a socially responsible oil producer listed on the main
market of the London Stock Exchange (LSE: GENL, LEI:
549300IVCJDWC3LR8F94). The Company is one of the largest London-listed
independent hydrocarbon producers, with an asset portfolio that positions
us well for a future of fewer and better natural resources projects. Genel
has low-cost and low-carbon production from the Kurdistan Region of Iraq,
and a committed dividend programme that is material and sustainable. Genel
continues to seek opportunities to add new resilient and cash-generative
assets to its portfolio, with the goal of progressing its dividend in the
long-term. For further information, please refer to 1 www.genelenergy.com
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: JE00B55Q3P39, NO0010894330
Category Code: DSH
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 247344
EQS News ID: 1645025
End of Announcement EQS News Service
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References
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