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Genel Energy PLC: Director / PDMR Shareholdin...
Genel Energy PLC: Director / PDMR Shareholdin....
About this update from Genel Energy Plc
Genel Energy PLC (GENL) Genel Energy PLC: Director / PDMR Shareholding 10-Sep-2024 / 15:00 GMT/BST 10 September 2024 Genel Energy plc (the ‘Company’) 2024 Awards - Notification of Transactions by Persons Discharging Managerial Responsibilities (‘PDMRs’) Pursuant to the notification obligations under UK Market Abuse Regulations Article 19.1 the Company granted an award over its ordinary shares of 10 pence each under the 2021 Performance Share Plan (‘PSP’) on 10 September 2024 to Luke Clements as set out below. The PSP award granted to Luke Clements was made in the form of nil-cost options and are subject to performance conditions and become exercisable in three tranches; 25% on the first anniversary of the award, 25% on the second anniversary of the award and 50% on the third anniversary of the award. Name No. of shares subject to PSP Award Total number of shares over which options/awards are held following notification Luke Clements 69,620 940,863 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Luke Clements 2 Reason for Notification a) Position/status CFO 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 a) Description of the financial instrument, type of instrument Identification code Ordinary shares of 10 pence each JE00B55Q3P39 b) Nature of the transaction Grant of nil-cost options under the Company’s Performance Share Plan c) Price(s) and volumes(s) Nil cost d) Aggregated information -Aggregated volume -Price 69,620 Nil e) Date of the transaction 10 September 2024 f) Place of the transaction Outside a trading venue -ends- For further information, please contact: Genel Energy Luke Clements +44 20 7659 5100 Vigo Consulting Patrick d’Ancona +44 20 7830 9700 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). Genel has low-cost and low-carbon production from the Kurdistan Region of Iraq, and continues to seek opportunities to add new resilient and cash-generative assets to its portfolio. 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 OAM Categories: 2.3. Major shareholding notifications Sequence No.: 345986 EQS News ID: 1985409 End of Announcement EQS News Service