Genel Energy PLC (GENL) Genel Energy PLC: Director/PDMR Shareholding 07-Jun-2023 / 11:00 GMT/BST

-----------------------------------------------------------------------------------------------------------------------

7 June 2023

Genel Energy plc

NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

On 6 June 2023, Ümit Tolga Bilgin notified the Company that on 5 June 2023, Bilgin Grup Dogalgaz A.S. purchased 630,000 Ordinary Shares in Genel Energy plc at a price of GBP1.20 per share. Ümit Tolga Bilgin is Vice-Chairman of Bilgin Grup Dogalgaz A.S., and is a Non-Executive Director of Genel Energy plc.

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 
 
                                                                         GBP1.20 per share 
c)            Price(s) and volumes(s) 
                                                                         630,000 
 
              Aggregated information 
d)            -Aggregated volume                                         630,000 
              -Price                                                     GBP756,000 
 
e)            Date of the transaction                                    5 June 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

----------------------------------------------------------------------------------------------------------------------- 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 
Sequence No.:  249286 
EQS News ID:   1651721 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1651721&application_name=news

(END) Dow Jones Newswires

June 07, 2023 06:00 ET (10:00 GMT)

Genel Energy (LSE:GENL)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Genel Energy Charts.
Genel Energy (LSE:GENL)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Genel Energy Charts.