Ithaca Energy PlcLSE: ITH

Amended PDMR and PCA Notification

· Issued by Ithaca Energy Plc

26 May 2023

Ithaca Energy plc (the "Company")

Amended PDMR and PCA Notification

The following amendment has been made to the 'PDMR and PCA Notification' announcement released on 8 February 2023 at 7:00 am under RNS No. 2329P.

The aggregate volume of shares to be transferred should have read 200,000,000 not 200,102,813.

All other details remain unchanged. The full amended text is shown below.

Ithaca Energy plc (LSE: ITH) (Ithaca Energy, or the Company) announces that it was notified on 6th 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 / status

PCA: Delek Group Limited

PDMR Idan Wallace (a Non-Executive Director of the Company)

(c)

Initial notification / amendment

Initial notification

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 of the financial instrument

Ordinary Shares

(b)

Nature of the transaction

Transfer of Ordinary Shares held by DKL Energy 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 volume(s)

Price(s)

Volume(s)

Free of payment

200,000,000

(d)

Aggregated information

Not applicable (single transaction)  

-    Aggregated volume

-    Price

200,000,000 Ordinary Shares

(e)

Date of the transaction

2023/02/06

(f)

Place of the transaction

Outside of trading venue

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

IMPORTANT NOTICE