REG - Ithaca Energy PLC Delek Group - DLEKG - Director / PDMR Shareholdings

Ithaca EnergyAnnouncement

14/10/2024 13:45

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RNS Number : 1028I  Ithaca Energy PLC  14 October 2024

14 October 2024

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 11 October 2024.

Grant of performance share awards to PDMRs

On 11 October 2024, the Company granted performance share awards ("Performance
Share Awards") under the Ithaca Energy Long-Term Incentive Plan to the PDMRs
listed below:

 

 PDMR             No. of shares under Restricted Share Award
 Luciano Vasques  819,970

 

Each Performance Share Awards are granted in the form of a nil-cost option and
which will become exercisable on 11 October 2027 (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 relative TSR performance
condition.

This announcement is made in accordance with Article 19 of the EU Market Abuse
Regulation 596/2014.

 

For further information, please contact:

 Company:

 Kathryn Reid - Head of Corporate Affairs & Communications

                                                                 kathryn.reid@ithacaenergy.com

 FTI Consulting - PR Advisers to Ithaca Energy                   +44 (0)203 727 1000

Ben Brewerton / Nick Hennis
ithaca@fticonsulting.com (mailto:ithaca@fticonsulting.com)

 

 

 

 

 

 1.  Details of the person discharging managerial responsibilities/ person closely
     associated
 a)  Name                                                          Luciano Vasques
 2.  Reason for the notification
 a)  Position/status                                              CEO
 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; (iv) each place
     where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary 1p shares

     Identification code                                          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       819,970

 d)  Aggregated information                                        Not applicable - single transaction
 e)  Date of the transaction                                      11 October 2024
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

 Not applicable - single transaction

e)

Date of the transaction

11 October 2024

f)

Place of the transaction

Outside a trading venue

 

 

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