RNS Number : 3873J
Energean PLC
04 April 2024
 

Energean plc

("Energean" or the "Company")

 

DIRECTOR / PDMR Shareholding

 

London, 4 April 2024 - Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMR") in respect of the release of shares which vested on 28 March 2022 under the Company's Long Term Incentive Plan relating to the period 2019-2021 (the "LTIP") and that have been subject to a 2-year holding period. The release of shares for the LTIP includes dividend equivalent shares in respect of the interim dividends announced by the Company on 8 September 2022, 17 November 2022, 9 February 2023, 18 May 2023, 7 September 2023, 16 November 2023 and 22 February 2024 and paid on 30 September 2022, 30 December 2022, 30 March 2023, 30 June 2023, 29 September 2023, 29 December 2023 and 29 March 2024 respectively ("Interim Dividends"), and the sale of sufficient shares to cover income tax and national insurance liabilities.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name


Mathios Rigas

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

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 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i)   Release of shares under the LTIP;

 

(ii)   Release of dividend equivalent shares in respect of the Interim Dividends; and

 

(iii)  Sale of shares to cover income tax and national insurance liabilities.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i)   nil

 

(i)   129,063

 

 

(ii)   nil

 

 

(ii)   20,168

 

 

(iii)  £10.650

 

 

(iii)  9,990

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Release                                    Sale

   

149,231                         9,990

 

Nil                                            £10.650

 

e)

Date of the transaction

 

   2024-04-02

  

f)

Place of the transaction

 

(i)   Outside a trading venue

 

(ii)   Outside a trading venue

 

(iii)  XLON

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name


Panos Benos

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

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 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i)   Release of shares under the LTIP;

 

(ii)   Release of dividend equivalent shares in respect of the Interim Dividends; and

 

(iii)  Sale of shares to cover income tax and national insurance liabilities.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i)   nil

 

(i)   77,437

 

 

(ii)   nil

 

 

(ii)   12,101

 

 

(iii)  £10.650

 

 

(iii)  21,514

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Release                                    Sale

   

89,538                                      21,514

 

Nil                                            £10.650

 

e)

Date of the transaction

 

   2024-04-02

  

f)

Place of the transaction

 

(i)   Outside a trading venue

 

(ii)   Outside a trading venue

 

(iii)  XLON

 

 

 

 

 

Enquiries

 

For capital markets: ir@energean.com

Kyrah McKenzie, Investor Relations Manager                                                 Tel: +44 7921 210 862

For media: pblewer@energean.com

Paddy Blewer, Head of Corporate Communications                                       Tel: +44 7765 250 857

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 or visit 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.
 
END
 
 
DSHUPUBCCUPCGCC
Energean (LSE:ENOG)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Energean Charts.
Energean (LSE:ENOG)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Energean Charts.