Genel Energy PLC: Director/PDMR Shareholding (1645025)
30 May 2023 - 9:00PM
UK Regulatory
Genel Energy PLC (GENL) Genel Energy PLC: Director/PDMR
Shareholding 30-May-2023 / 12:00 GMT/BST
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30 May 2023
Genel Energy plc
NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON
CLOSELY ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL
RESPONSIBILITIES AND A PERSON DISCHARGING MANAGERIAL
RESPONSIBILITIES
On 29 May 2023, Ümit Tolga Bilgin notified the Company that on
25 May 2023, Bilgin Grup Dogalgaz A.S. purchased 750,000 Ordinary
Shares in Genel Energy plc at a price of GBP1.1108 per share, and
on 26 May 2013 Bilgin Grup Dogalgaz A.S. purchased 25,000 Ordinary
shares in Genel Energy plc at a price of GBP1.1100 per share. Ümit
Tolga Bilgin is Vice-Chairman of Bilgin Grup Dogalgaz A.S., and is
a Non-Executive Director of Genel Energy plc.
On 30 May 2023, Luke Clements notified the Company that on 30
May 2023, he sold 8,928 Ordinary Shares in Genel Energy plc at a
price of GBP1.120036 and repurchased the same number of shares at a
price of GBP1.130404 in order for the shares to be held in an ISA
account.
The notification below is made in accordance with the
requirements of the EU Market Abuse Regulation provides further
detail.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Bilgin Grup Dogalgaz A.S.
2 Reason for Notification
a) Position/status Person closely associated to Ümit Tolga Bilgin
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
Description of the financial instrument, type of Ordinary shares of 10 pence each
instrument
a)
Identification code
JE00B55Q3P39
Purchase of ordinary shares
b) Nature of the transaction
GBP1.1108 per share
c) Price(s) and volumes(s)
750,000
Aggregated information
d) -Aggregated volume 750,000
-Price GBP833,100
e) Date of the transaction 25 May 2023
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Bilgin Grup Dogalgaz A.S.
2 Reason for Notification
a) Position/status Person closely associated to Ümit Tolga Bilgin
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
Description of the financial instrument, type of Ordinary shares of 10 pence each
instrument
a)
Identification code
JE00B55Q3P39
Purchase of ordinary shares
b) Nature of the transaction
GBP1.1100 per share
c) Price(s) and volumes(s)
25,000
Aggregated information
d) -Aggregated volume
25,000
-Price
GBP27,750
e) Date of the transaction 26 May 2023
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Luke Clements
2 Reason for Notification
a) Position/status Person discharging managerial responsibility
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
Ordinary shares of 10 pence each
Description of the financial instrument, type of instrument
a)
Identification code
JE00B55Q3P39
Sale and purchase of ordinary shares
b) Nature of the transaction
Price Volume
GBP1.120036 per share 8,928 (sold)
c) Price(s) and volumes(s)
GBP1.130404 per share 8,928 (purchase)
Aggregated information
(i) Aggregated volume
8,928
Price
d) GBP9,999.68
(ii) Aggregated volume
8,928
Price
GBP10,092.25
e) Date of the transaction 30 May 2023
f) Place of the transaction London Stock Exchange
-ends-
For further information, please contact:
Genel Energy
+44 20 7659 5100
Andrew Benbow, Head of Communications
Vigo Consulting
+44 20 7390 0230
Patrick d'Ancona
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). The Company is one of the largest
London-listed independent hydrocarbon producers, with an asset
portfolio that positions us well for a future of fewer and better
natural resources projects. Genel has low-cost and low-carbon
production from the Kurdistan Region of Iraq, and a committed
dividend programme that is material and sustainable. Genel
continues to seek opportunities to add new resilient and
cash-generative assets to its portfolio, with the goal of
progressing its dividend in the long-term. For further information,
please refer to www.genelenergy.com
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Dissemination of a Regulatory Announcement, transmitted by EQS
Group. The issuer is solely responsible for the content of this
announcement.
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ISIN: JE00B55Q3P39, NO0010894330
Category Code: DSH
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 247344
EQS News ID: 1645025
End of Announcement EQS News Service
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