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    Genel Energy PLC  109  0 Kommentare Director / PDMR Shareholding

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    • Genel Energy PLC granted awards to PDMRs on 30 April 2024.
    • Awards made in form of nil-cost options with 3-year performance period.
    • PDMRs include Paul Weir, Luke Clements, and Mike Adams.

    Genel Energy PLC (GENL)
    Genel Energy PLC: Director / PDMR Shareholding

    30-Apr-2024 / 15:30 GMT/BST


    30 April 2024

     

     

    Genel Energy plc (the ‘Company’)

     

    2024 Awards - Notification of Transactions by

    Persons Discharging Managerial Responsibilities (‘PDMRs’)

     

     

    Pursuant to the notification obligations under UK Market Abuse Regulations Article 19.1 the Company granted awards over its ordinary shares of 10 pence each under the 2021 Performance Share Plan (‘PSP’) on 30 April 2024 to the PDMRs set out below.

     

    PSP awards

    PSP awards granted were made in the form of nil-cost options and are subject to a three year performance period.

     

     

    Name

    No. of shares subject to PSP Award

    Total number of shares over which options/awards are held following notification

    Paul Weir

    879,455

    1,836,923

    Luke Clements

    402,436

    871,243

    Mike Adams

    411,167

    1,085,667

     

     

     

    1

    Details of the person discharging managerial responsibilities / person closely associated

      a)

    Name

    Paul Weir

    2

    Reason for Notification

    a)

    Position/status

    CEO

    b)

    Initial notification / Amendment

    Initial notification

    3

    Details of the issuers, emission allowance market participant, auction platform, auctioneer or auction monitor

    a)

    Name

    Genel Energy plc

    b)

    LEI

    549300IVCJDWC3LR8F94

    4

    Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted

    a)

    Description of the financial instrument, type of instrument

     

    Identification code

    Ordinary shares of 10 pence each

     

     

    JE00B55Q3P39

    b)

    Nature of the transaction

    Grant of nil-cost options under the Company’s Performance Share Plan

     

    c)

    Price(s) and volumes(s)

    Nil cost

    879,455

    d)

    Aggregated information

    -Aggregated volume

    -Price

     

     

    879,455

    Nil

    e)

    Date of the transaction

    30 April 2024

    f)

    Place of the transaction

    Outside a trading venue

     

     

    1

    Details of the person discharging managerial responsibilities / person closely associated

      a)

    Name

    Luke Clements 

    2

    Reason for Notification

    a)

    Position/status

    CFO

    b)

    Initial notification / Amendment

    Initial notification

    3

    Details of the issuers, emission allowance market participant, auction platform, auctioneer or auction monitor

    a)

    Name

    Genel Energy plc

    b)

    LEI

    549300IVCJDWC3LR8F94

    4

    Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted

    a)

    Description of the financial instrument, type of instrument

     

    Identification code

    Ordinary shares of 10 pence each

     

     

    JE00B55Q3P39

    b)

    Nature of the transaction

    Grant of nil-cost options under the Company’s Performance Share Plan

    c)

    Price(s) and volumes(s)

    Nil cost

    402,436

    d)

    Aggregated information

    -Aggregated volume

    -Price

     

     

    402,436

    Nil

    e)

    Date of the transaction

    30 April 2024

    f)

    Place of the transaction

    Outside a trading venue

     

    1

    Details of the person discharging managerial responsibilities / person closely associated

      a)

    Name

    Mike Adams

    2

    Reason for Notification

    a)

    Position/status

    Technical Director

    b)

    Initial notification / Amendment

    Initial notification

    3

    Details of the issuers, emission allowance market participant, auction platform, auctioneer or auction monitor

    a)

    Name

    Genel Energy plc

    b)

    LEI

    549300IVCJDWC3LR8F94

    4

    Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted

    a)

    Description of the financial instrument, type of instrument

     

    Identification code

    Ordinary shares of 10 pence each

     

     

    JE00B55Q3P39

    b)

    Nature of the transaction

    Grant of nil-cost options under the Company’s Performance Share Plan

    c)

    Price(s) and volumes(s)

    Nil cost

    411,167 shares

     

    d)

    Aggregated information

    -Aggregated volume

    -Price

     

     

    411,167

    Nil

    e)

    Date of the transaction

    30 April 2024

    f)

    Place of the transaction

    Outside a trading venue

     

     

    -ends-

     

    For further information please contact:

     

    Genel Energy

    Andrew Benbow, Head of Communications

    +44 20 7659 5100

     

     

    Vigo Consulting

    Patrick d’Ancona

    +44 20 7830 9700

     

    Notes to editors:

    Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). Genel has low-cost and low-carbon production from the Kurdistan Region of Iraq, and continues to seek opportunities to add new resilient and cash-generative assets to its portfolio. For further information, please refer to www.genelenergy.com 

     

     



    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
    The issuer is solely responsible for the content of this announcement.


    ISIN: JE00B55Q3P39, NO0010894330
    Category Code: DSH
    TIDM: GENL
    LEI Code: 549300IVCJDWC3LR8F94
    OAM Categories: 2.3. Major shareholding notifications
    2.3. Major shareholding notifications
    Sequence No.: 318913
    EQS News ID: 1893293

     
    End of Announcement EQS News Service

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    Genel Energy PLC Director / PDMR Shareholding Genel Energy PLC (GENL) Genel Energy PLC: Director / PDMR Shareholding 30-Apr-2024 / 15:30 GMT/BST 30 April 2024     Genel Energy plc (the ‘Company’)   2024 Awards - Notification of Transactions by Persons Discharging Managerial Responsibilities …