REG - Harbour Energy PLC - Director/PDMR Shareholding

Harbour EnergyAnnouncement

07/05/2024 12:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240507:nRSG4273Na&default-theme=true

RNS Number : 4273N  Harbour Energy PLC  07 May 2024

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

Harbour Energy plc

(the "Company", "Harbour")

Vesting of Conditional Share Award

 

Harbour today announces that the final one-third increment of the Conditional
Share Award ("CSA") made to Linda Cook on 4 May 2021 has vested. The CSA was
awarded to compensate Linda for incentive arrangements forfeited on stepping
down from her role as Managing Director of EIG Global Energy Partners ("EIG").

The CSA was made in accordance with the Company's Remuneration Policy for the
recruitment of a new executive director and was made under the terms of the
Company's 2017 Long Term Incentive Plan.

 

  Director      Shares vesting  Market price at vesting  Shares sold to cover statutory deductions  Shares retained
 Linda Z. Cook  433,916         £2.818                   170,746                                    263,170

 

Enquiries

 

 

 

 Harbour Energy plc                            Tel: 020 7730 1111
 Elizabeth Brooks, Head of Investor Relations
 Rachel Rickard, Company Secretary

 

 

 Brunswick Group
 Patrick Handley  Tel: 07974 982395
 Will Medvei      Tel: 07823 527148

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of MAR

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Linda Z. Cook
 2   Reason for the notification
 a)  Position/status                                              Chief Executive Officer
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Harbour Energy plc
 b)  LEI                                                          213800YPC42DYBKVPF97
 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 0.002 pence each

     Identification code                                          GB00BMBVGQ36
 b)  Nature of the transaction                                    (i)            Vesting of Conditional Share Award under the 2017
                                                                  LTIP

                                                                  (ii)           Shares sold to cover tax (balance of 263,170 shares
                                                                  retained)
 c)  Price(s) and volume(s)                                       Price(s)             Volume(s)
                                                                  (i)     £0.00        433,916

                                                                  170,746
                                                                  (ii)    £2.818

 
 d)  Aggregated information

- Aggregated volume
Price(s)  Volume(s)  Total
     - Price                                                      £0.00     433,916    £0.00
                                                                  £2.818    170,746    £481,162.23
 e)  Date of the transaction                                      2024-05-07
 f)  Place of the transaction                                     Outside of trading venue

 

d)

Aggregated information

 -  Aggregated volume
 -  Price

 

 Price(s)  Volume(s)  Total
 £0.00     433,916    £0.00
 £2.818    170,746    £481,162.23

e)

Date of the transaction

2024-05-07

f)

Place of the transaction

Outside of trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFIFVAEFIDIIS