Ithaca Energy PlcLSE: ITH

PDMR and PCA Notification

· Issued by Ithaca Energy Plc



For immediate release

17 April 2024

Ithaca Energy plc (the "Company")

PDMR and PCA Notification

Ithaca Energy plc (LSE: ITH) announces that it was notified on 15th April 2024 that DKL Energy Limited (on behalf of Delek Group Limited ("DGL")) transferred shares to a new custody account in connection with the issue by DGL of a series of Israeli Bonds. DGL is, a person closely associated with two PDMRs, Mr Idan Wallace and Mr Ithshak Tshuva, both Non-Executive Directors 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

(b)

Position / status

DKL Energy Limited

PDMR Idan Wallace

PDMR Itshak Tshuva

(c)

Initial notification / amendment

Initial notification

2.           

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 to a new custody account under a Pledge Agreement in relation to a series of Israeli Bonds issued by Delek Group on 14.4.2024.

No change in the beneficial owner of the shares.

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

Free of payment

339,650,582

(d)

Aggregated information

Not relevant (single transaction)

-    Aggregated volume

-    Price

339,650,582

(e)

Date of the transaction

12.4.2024

(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