Picture of Genel Energy logo

GENL Genel Energy News Story

0.000.00%
gb flag iconLast trade - 00:00
EnergySpeculativeSmall CapSucker Stock

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

============

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

   07-Jun-2023 / 11:00 GMT/BST

   ══════════════════════════════════════════════════════════════════════════

    

   7 June 2023

                                Genel Energy plc

                                        

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

   On 6 June  2023, Ümit Tolga  Bilgin notified  the Company that  on 5  June
   2023, Bilgin Grup Doğalgaz A.Ş. purchased 630,000 Ordinary Shares in Genel
   Energy plc  at  a  price  of  £1.20  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
                                             
                                            £1.20 per share
   c)   Price(s) and volumes(s)
                                            630,000
                                             

        Aggregated information               

   d)   -Aggregated volume                  630,000

        -Price                              £756,000

                                             
   e)   Date of the transaction             5 June 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

    

   ══════════════════════════════════════════════════════════════════════════

   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   ISIN:          JE00B55Q3P39, NO0010894330
   Category Code: DSH
   TIDM:          GENL
   LEI Code:      549300IVCJDWC3LR8F94
   Sequence No.:  249286
   EQS News ID:   1651721


    
   End of Announcement EQS News Service

   ══════════════════════════════════════════════════════════════════════════

    2 fncls.ssp?fn=show_t_gif&application_id=1651721&application_name=news&site_id=refinitiv

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=3ec46b352f38452116096dbbab51b09e&application_id=1651721&site_id=refinitiv&application_name=news


============

Recent news on Genel Energy

See all news