Essar Energy Regulatory News (ESSR)



Regulatory News for Essar Energy (ESSR)


Share Price: 142.30Bid: 142.50Ask: 143.10Change: 0.00 (0.00%)No Movement on Essar Energy
Spread: 0.60Spread as %: 0.42%Open: 140.90High: 144.00Low: 139.184Yesterday’s Close: 142.30





Director/PDMR Shareholding

Mon, 9th Jul 2012 16:33

RNS Number : 2560H
Essar Energy plc
09 July 2012
 

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Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

All relevant boxes should be completed in block capital letters.

 

 

1.

Name of the issuer

 

ESSAR ENERGY plc

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

 

(i)





3.

Name of person discharging managerial responsibilities/director

 

A.  NARESH NAYYAR (EXECUTIVE DIRECTOR)

B.   P. SAMPATH (PDMR)

C.  MARK LIDIARD (PDMR)

D.  IFTIKHAR NASIR (PDMR)

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

NA





5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

 

NA

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

NA





7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

 

NA

8

State the nature of the transaction

 

NA





9.

Number of shares, debentures or financial instruments relating to shares acquired

 

NA

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

NA





11.

Number of shares, debentures or financial instruments relating to shares disposed

 

NA

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

NA





13.

Price per share or value of transaction

 

NA

14.

Date and place of transaction

 

NA





15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

NA

16.

Date issuer informed of transaction

 

NA





 

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 

17.

Date of grant

 

9 JULY 2012

18.

Period during which or date on which exercisable

 

9 JULY 2015 TO 9 JULY 2022





19.

Total amount paid (if any) for grant of the option

 

NIL

20.

Description of shares or debentures involved (class and number)

 

ORDINARY SHARES OF 5 PENCE EACH

 

A.  NARESH NAYYAR - 315,753

B.   P. SAMPATH - 150,139

C.  MARK LIDIARD - 97,881

D.  IFTIKHAR NASIR - 268,555





21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

£1.18

22.

Total number of shares or debentures over which options held following notification

 

A.  NARESH NAYYAR - 648,841

B.   P. SAMPATH - 318,023

C.  MARK LIDIARD - 184,487

D.  IFTIKHAR NASIR - 268,555





23.

Any additional information

 

NA

24.

Name of contact and telephone number for queries

 

MARK LIDIARD

+44 20 7408 8714

 

 





 

 

Name of authorised official of issuer responsible for making notification

NICHOLAS HANDY

Date of notification 9 JULY 2012

 

 

 

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

 

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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