RNS Number : 0023B
Ithaca Energy PLC
17 April 2026
17 April 2026
Ithaca Energy plc
("Ithaca" or "the Company")
Director / PDMR Shareholdings
Ithaca Energy plc (ITH) makes the following announcement in respect of certain disclosable transactions carried out by certain of its directors and persons discharging managerial responsibilities ("PDMRs") on 15 April 2026.
Grant of performance share awards to PDMRs
On 15 April 2026, the Company granted a performance share award ("Performance Share Award") under the Ithaca Energy Long Term Incentive Plan to the PDMRs listed below:
PDMR
No. of shares under Performance Share Award
Yaniv Friedman
469,804
Luciano Vasques
563,764
Iain Lewis
469,804
The Performance Share Award is granted in the form of a nil-cost option, which will vest and become exercisable on 15 April 2029 (or, if later, the date on which the Remuneration Committee determines that the applicable performance conditions (described below) are met).
The Performance Share Awards are subject to a performance condition measuring the Company's total shareholder return over a period of three financial years (commencing with the current financial year) relative to the total shareholder return of a comparator group of companies in the Energy sector.
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
For further information, please contact:
Ithaca Energy
Kathryn Reid - Head of Investor Relations and External Affairs
kathryn.reid@ithacaenergy.com
Camarco (PR Advisers to Ithaca Energy)
+44 (0)203 757 4980
Billy Clegg / Owen Roberts / Violet Wilson
ithacaenergy@apcoworldwide.com
1.
Details of PDMR / PCA
a)
Name
Yaniv Friedman
2.
Reason for the notification
a)
Position/status
Executive Chairman
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ithaca Energy plc
b)
LEI
21380057TNFLXPXBIP34
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 Identification code
Ordinary 1p shares
ISIN: GB00BPJHV584
b)
Nature of the transaction
Grant of an award over ordinary shares pursuant to the Ithaca Energy Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
469,804
d)
Aggregated information
Not applicable, single transaction
e)
Date of the transaction
15 April 2026
f)
Place of the transaction
Outside a trading venue
2.
Details of PDMR / PCA
a)
Name
Luciano Vasques
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
Ithaca Energy plc
b)
LEI
21380057TNFLXPXBIP34
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 Identification code
Ordinary 1p shares
ISIN: GB00BPJHV584
b)
Nature of the transaction
Grant of an award over ordinary shares pursuant to the Ithaca Energy Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
563,764
d)
Aggregated information
Not applicable, single transaction
e)
Date of the transaction
15 April 2026
f)
Place of the transaction
Outside a trading venue
3.
Details of PDMR / PCA
a)
Name
Iain Lewis
2.
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification/amendment
Initial notification
3.
Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ithaca Energy plc
b)
LEI
21380057TNFLXPXBIP34
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 Identification code
Ordinary 1p shares
ISIN: GB00BPJHV584
b)
Nature of the transaction
Grant of an award over ordinary shares pursuant to the Ithaca Energy Long Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
469,804
d)
Aggregated information
Not applicable, single transaction
e)
Date of the transaction
15 April 2026
f)
Place of the transaction
Outside a trading venue
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