Grant of Share Awards to Directors
26 June 2026
Pharos Energy plc
("Pharos" or the "Company" or, together with its subsidiaries, the "Group")
GRANT OF SHARE AWARDS TO DIRECTORS
The Company announces that on 25 June 2026, its Executive Directors were granted share awards over ordinary shares of £0.05 each in the Company ("Shares") as follows:
1. Awards under the Company's Deferred Share Bonus Plan
Nil-cost options relating to a performance related annual bonus earned for 2025, granted under the Pharos Energy plc 2024 Deferred Share Bonus Plan (the "DSBP") as set out below:-
Director/PDMR
Position
No of Shares granted under the DSBP
Katherine Roe
Chief Executive Officer
636,243
Sue Rivett
Chief Financial Officer
468,680
The number of Shares granted is equivalent to the relevant proportion of the 2025 annual bonus deferred, calculated on the basis of the middle market quotation (as derived from the Daily Official List) on the dealing day immediately preceding the date of grant (£0.251). Subject to the rules of the DSBP, these Shares will generally vest over two years.
2. Awards under the Company's Long-Term Incentive Plan
Nil-price options under the Company's Long-Term Incentive Plan ("LTIP") as set out below:
Director
Position
No of Shares granted under the LTIP
Katherine Roe
Chief Executive Officer
3,625,498
Sue Rivett
Chief Financial Officer
2,521,147
These awards will generally vest over three years from the date of grant, subject to the satisfaction of certain performance conditions and a subsequent two-year holding period.
For further information, please contact:
Pharos Energy plc Tel: 0207 603 1515
Tony Hunter, Company Secretary
Notes to editors
Pharos Energy plc is an independent energy company focused on delivering sustainable growth and returns to stakeholders, with a portfolio of stable production, development and exploration assets in Vietnam and Egypt. Led by an experienced team, Pharos is a cash generative business with a robust balance sheet and an established platform to deliver both organic growth and inorganic opportunities.
Pharos is listed on the Main Market of the London Stock Exchange. For further information please visit www.pharos.energy.
1
Details of the person discharging managerial responsibilities
a)
Name
Katherine Roe
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
PHAROS ENERGY PLC
b)
LEI
549300DDKLXYLLO4N524
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
Identification code
ORDINARY SHARES OF £0.05 EACH
GB00B572ZV91
b)
Nature of the transaction
Grant of nil-cost options under the Pharos Energy plc 2024 Deferred Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.00
636,243
d)
Aggregated information
N/A single transaction
e)
Date of the transaction
25/06/2026
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities
a)
Name
Sue Rivett
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
PHAROS ENERGY PLC
b)
LEI
549300DDKLXYLLO4N524
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
Identification code
ORDINARY SHARES OF £0.05 EACH
GB00B572ZV91
b)
Nature of the transaction
Grant of nil-cost options under the Pharos Energy plc 2024 Deferred Bonus Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.00
468,680
d)
Aggregated information
N/A single transaction
e)
Date of the transaction
25/06/2026
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities
a)
Name
Katherine Roe
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
PHAROS ENERGY PLC
b)
LEI
549300DDKLXYLLO4N524
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
Identification code
ORDINARY SHARES OF £0.05 EACH
GB00B572ZV91
b)
Nature of the transaction
Grant of nil-price options under the Pharos Energy plc Long-Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.00
3,625,498
d)
Aggregated information
N/A single transaction
e)
Date of the transaction
25/06/2026
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities
a)
Name
Sue Rivett
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
PHAROS ENERGY PLC
b)
LEI
549300DDKLXYLLO4N524
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
Identification code
ORDINARY SHARES OF £0.05 EACH
GB00B572ZV91
b)
Nature of the transaction
Grant of nil-price options under the Pharos Energy plc Long-Term Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.00
2,521,147
d)
Aggregated information
N/A single transaction
e)
Date of the transaction
25/06/2026
f)
Place of the transaction
Outside a trading venue
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