TIDMITH TIDMTTM

RNS Number : 2329P

Ithaca Energy PLC

08 February 2023

08 February 2023

Ithaca Energy plc (the "Company")

PDMR and PCA Notification

Ithaca Energy plc (LSE: ITH) (Ithaca Energy, or the Company) announces that it was notified on 6(th) February 2023 that DKL Energy Limited (on behalf of Delek Group Limited (" DGL ")) transferred shares to a new custody account. DGL is a person closely associated with a PDMR, Mr Idan Wallace, a Non-Executive Director of the Company.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.

 
 1.    Details of PDMR / PCA 
 (a)   Name                       DKL Energy Limited on behalf of Delek Group 
                                   Limited 
      -------------------------  ------------------------------------------------- 
 (b)   Position /                 PCA: Delek Group Limited 
        status                     PDMR Idan Wallace (a Non-Executive Director 
                                   of the Company) 
      -------------------------  ------------------------------------------------- 
 (c)   Initial notification       Initial notification 
        / amendment 
      -------------------------  ------------------------------------------------- 
 2.    Details of the issuer emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------- 
 (a)   Name                                    Ithaca Energy plc 
      -------------------------  ------------------------------------------------- 
 (b)   LEI                        21380057TNFLXPXBIP34 
      -------------------------  ------------------------------------------------- 
 3.    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                Ordinary Shares 
        of the financial 
        instrument 
      -------------------------  ------------------------------------------------- 
 (b)   Nature of the              Transfer of Ordinary Shares held by DKL Energy 
        transaction                Limited, a wholly owned subsidiary of Delek 
                                   Group Limited to a new custody account pursuant 
                                   to a security agreement. 
                                   This transfer to a custody account results 
                                   in no changes to the beneficial owner of 
                                   the Ordinary Shares. 
      -------------------------  ------------------------------------------------- 
 (c)   Price(s) and                 Price(s)           Volume(s) 
        volume(s)                    Free of payment    200,102,813 
                                                       ------------ 
      -------------------------  ------------------------------------------------- 
 (d)   Aggregated                 Not applicable (single transaction) 
        information 
      -------------------------  ------------------------------------------------- 
                                  200,102,813 Ordinary Shares 
         *    Aggregated volume 
 
 
         *    Price 
      -------------------------  ------------------------------------------------- 
 (e)   Date of the                2023/02/06 
        transaction 
      -------------------------  ------------------------------------------------- 
 (f)   Place of the               Outside of trading venue 
        transaction 
      -------------------------  -------------------------------------------------

Enquiries

Ithaca Energy

Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications - kathryn.reid@ithacaenergy.com

FTI Consulting (PR Advisers to Ithaca Energy)

Ben Brewerton / Nick Hennis - +44 (0)203 727 1000 or ithaca@fticonsulting.com

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END

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