Business
Director/PDMR Shareholdings
Director/PDMR Shareholdings.
About this update from Genel Energy Plc
[{"type":"text","content":"\n \n\n\nGenel Energy PLC (GENL)\n\n\n\nGenel Energy PLC: Director/PDMR Shareholdings05-Apr-2022 / 16:56 GMT/BSTDissemination of a Regulatory Announcement, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.\n\n\n5 April 2022\n\n \n\n \n\nGenel Energy plc (the 'Company')\n\n \n\n2022 Awards - Notification of Transactions by \n\nPersons Discharging Managerial Responsibilities ('PDMRs')\n\n \n\n \n\nPursuant to the notification obligations under UK Market Abuse Regulations Article 19.1 the Company granted awards over its ordinary shares of 10 pence each under the 2021 Performance Share Plan ('PSP') and Deferred Bonus Plan ('DBP') on 4 April 2022 to the PDMRs set out below.\n\n \n\nPSP awards\n\nPSP awards granted to PDMRs in the UK were made in the form of nil-cost options. PSP awards granted to PDMRs in Turkey were made in the form of a nil-cost conditional share awards.\n\n \n\nFollowing vesting, shares granted under the PSP are subject to the Company's retention policy under which Executive Committee members are required to retain shares for an additional two years.\n\n \n\n \n\n\n\n Name\n \n \n No. of shares subject to PSP Award\n \n \n Total number of shares over which options/awards are held following notification\n \n \n Bill Higgs\n \n \n 476,274\n \n \n 2,448,374\n \n \n Luke Clements \n \n \n 100,729\n \n \n 469,060\n \n \n Michael Adams\n \n \n 207,819\n \n \n 843,994\n \n \n Sefa Sadik Aytekin\n \n \n 123,080\n \n \n 123,080\n \n \n Paul Weir\n \n \n 179,726\n \n \n 693,746\n \n \n\n \n\n \n\nDBP award \n\nIn addition, Bill Higgs elected to defer a proportion of his annual 2021 cash bonus into Company shares under the DBP. The DBP award was made in the form of nil-cost options that become exercisable after two years. Options are then exercisable until the tenth anniversary of the grant date. \n\n \n\n \n\n\n\n Name\n \n \n No. of shares subject to Deferred Bonus Share Award\n \n \n Total number of shares over which options/awards are held following notification\n \n \n Bill Higgs \n \n \n 58,748\n \n \n 2,448,374\n \n \n\n \n\n \n\n\n\n 1\n \n \n Details of the person discharging managerial responsibilities / person closely associated\n \n \n a)\n \n \n Name\n \n \n Bill Higgs \n \n \n 2\n \n \...