REG - Ithaca Energy PLC Delek Group - DLEKG - Transaction notification

Ithaca EnergyAnnouncement

24/10/2024 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241024:nRSX3824Ja&default-theme=true

RNS Number : 3824J  Ithaca Energy PLC  24 October 2024

NOTIFICATION

ITHACA ENERGY PLC (the "Company")

Transaction notification

The Company was notified on 22 October 2024 that Eni UK Limited had sold
24,681,658 ordinary shares in the capital of the Company at 102 pence per
share pursuant to the terms of the call option agreement entered into between
Eni UK Limited and DKL Energy Limited in connection with the previously
announced Business Combination.

Eni UK Limited is an indirect wholly owned subsidiary of Eni S.p.A. Eni S.p.A.
is a person closely associated with two PDMRs, Mr Francesco Gattei and Mr
Guido Brusco, each Non-Executive Directors of the Company.

The relevant notifications set out below are provided in accordance with the
requirements of Article 19 of the Market Abuse Regulation.

 1.                        Details of PDMR / PCA
 (a)                       Name                                     Eni UK Limited
 (b)                       Position / status                        PCA of PDMRs Francesco Gattei and Guido Brusco
 (c)                       Initial notification / amendment         Initial notification
 2.                        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  Ordinary Shares
 (b)                       Nature of the transaction                Sale of shares on exercise of call option by DKL Energy Limited
 (c)                       Price(s) and volume(s)

Price(s)          Volume(s)
                                                                    £1.02 per share   24,681,658

 

 (d)                       Aggregated information                   24,681,658 at £1.02 per share

                           -    Aggregated volume                   24,681,658

                           -    Price                               £25,175,291.2 (payment was net of reimbursement for sale expenses)
 (e)                       Date of the transaction                  18 October 2024
 (f)                       Place of the transaction                 Outside of trading venue

 

 

(d)

Aggregated information

24,681,658 at £1.02 per share

 

-    Aggregated volume

-    Price

24,681,658

£25,175,291.2 (payment was net of reimbursement for sale expenses)

(e)

Date of the transaction

18 October 2024

(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  DSHQKNBQFBDDKKB