FOR IMMEDIATE
RELEASE
8
March 2024
CAPRICORN ENERGY PLC
("Capricorn" or "the Company")
Interests of Directors /
Persons Discharging Managerial Responsibility
("PDMRs")
in the Company's
Shares
1. Purchase of
Partnership Shares / Award of Matching Shares under the Company's
2010 Share Incentive Plan (the "SIP")
Capricorn announces that, on 6 March
2024, the trustee (the "Trustee") of the Company's HMRC approved
all-employee SIP purchased ordinary shares of
735/143 pence each in the Company ("Ordinary
Shares") in the market at a price of £1.1931 per Ordinary Share on
behalf of participants in the "Partnership Share" element of the
SIP using deductions made from their gross salary.
Capricorn also announces that, on 6
March 2024, awards of further Ordinary Shares were made to the
participants under the "Matching Share" element of the SIP on the
basis of two free Matching Shares for every one Partnership Share
purchased. The Ordinary Shares used to satisfy these awards were
previously purchased in the market.
Details of the PDMR who participated
in the purchase / award are as follows:
|
PDMR
|
Number of Partnership Shares
Purchased
|
Number of Matching Shares
Awarded
|
Total Number of Shares
Acquired
|
|
Nathan Piper, Commercial
Director
|
126
|
252
|
378
|
In accordance with the rules of the
SIP, Partnership and Matching Shares are initially held by the
Trustee on the participants' behalf and, in the case of Matching
Shares, must normally remain so held throughout a period of five
years from the date of award.
2.
Summary of current holdings of PDMR
Following this announcement, Nathan
Piper's beneficial interests in the Shares of the Company are as
follows:
|
PDMR
|
Previous
Shares
|
Current
Shares
|
% Issued Share
Capital
|
Outstanding entitlements
under 2017 LTIP
|
|
Unvested Awards still
subject to performance conditions
|
Vested but unexercised
Awards*
|
|
Nathan Piper
|
3,298
|
3,676
|
0.004
|
107,700
|
0
|
* This column includes all
outstanding awards that have vested following the expiry of the
applicable performance period, regardless of whether or not they
are currently capable of being exercised under the rules of the
2017 LTIP.
The following notifications are
intended to satisfy the Company's obligations under Article 19(3)
of EU Regulation No 596/2014 as it forms part of domestic law by
virtue of the European (Withdrawal) Act 2018.
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Nathan Piper
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Commercial Director
|
|
b)
|
Initial notification/
Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Capricorn Energy PLC
|
|
b)
|
LEI
|
213800ZJEUQ8ZOC9AL24
|
|
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
|
Ordinary shares of 735/143 pence
each
|
|
Identification code
|
GB00BRJ7R218
|
|
b)
|
Nature of the transaction
|
Partnership shares purchased under
the Company's all-employee Share Incentive Plan (2010).
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£1.1931
|
126
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
- Not
applicable
|
|
e)
|
Date of the transaction
|
6 March 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
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
|
Ordinary shares of 735/143 pence
each
|
|
Identification code
|
GB00BRJ7R218
|
|
b)
|
Nature of the transaction
|
Matching shares awarded under the
Company's all-employee Share Incentive Plan (2010) on the basis of
two free matching shares for every one partnership share
purchased.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0.00
|
252
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
- Not
applicable
|
|
e)
|
Date of the transaction
|
6 March 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|