TIDMITH TIDMTTM

RNS Number : 9526Z

Ithaca Energy PLC

19 May 2023

For immediate release

19 May 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 17(th) May 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 to a new custody account under a 
         transaction                 Pledge Agreement in relation to a series 
                                     of Israeli Bonds issued by Delek Group in 
                                     22/1/2023. 
                                     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    231,790,833 
                                                         ------------ 
       --------------------------  --------------------------------------------- 
 (d)    Aggregated                  Not applicable (single transaction) 
         information 
       --------------------------  --------------------------------------------- 
 
    *    Aggregated volume 
 
 
    *    Price                      231,790,833 
 --------------------------------  --------------------------------------------- 
 (e)    Date of the                 17/05/2023 
         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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