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Director/PDMR Shareholding

4 Apr 2025 15:23

RNS Number : 7733D
Energean PLC
04 April 2025
 

Energean plc

("Energean" or the "Company")

 

DIRECTOR / PDMR Shareholding

 

London, 4 April 2025 - Notification of Transactions of Persons Discharging Managerial Responsibilities related to the vesting and release of dividend equivalent shares under the Company's Long-Term Incentive Plan, relating to the period 2020-2022 (the "2020 LTIP") that have been subject to a 2-year holding period and to the period 2022-2024 (the "2022 LTIP"), and for the Company's 2023 Deferred Bonus Plan, (the "2023 DBP"), in respect of the interim dividend announced by the Company on 27 February 2025 and paid on 31 March 2025 (the "Interim Dividend"), and the sale of sufficient shares by certain PDMRs to cover income tax and national insurance liabilities.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Mathios Rigas

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2020 LTIP in respect of the Interim Dividend;

 

(ii) Vesting of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend which are subject to a further 2 year holding period; and

 

(iii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 8,124

 

 

(ii) nil

 

 

(ii) 2,323

 

 

(iii) nil

 

 

(iii) 891

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

11,338

 

n/a

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

(iii) Outside a trading venue

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Panos Benos

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2020 LTIP in respect of the Interim Dividend;

 

(ii) Vesting of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend which are subject to a further 2 year holding period;

 

(iii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend; and

 

(iv) Sale of shares to cover income tax and national insurance liabilities.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 5,416

 

 

(ii) nil

 

 

(ii) 1,877

 

 

(iii) nil

 

 

(iii) 713

 

 

(iv) £8.875

 

 

(iv) 784

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Vesting and Release Sale

 

8,006 784

 

Nil £8.875

 

 

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

(iii) Outside a trading venue

 

(iv) XLON

 

 

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Shaul Zemach

2

 

Reason for the notification

 

a)

 

Position/status

 

CEO, Energean Israel

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend; and

 

(ii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 281

 

 

(ii) nil

 

 

(ii) 103

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

384

 

n/a

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Nicolas Katcharov

2

 

Reason for the notification

 

a)

 

Position/status

 

CEO, Energean International

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend; and

 

(ii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 210

 

 

(ii) nil

 

 

(ii) 100

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

310

 

n/a

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Eleftheria Kotsana

2

 

Reason for the notification

 

a)

 

Position/status

 

Group General Counsel and Company Secretary

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend;

 

(ii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend; and

 

(iii) Sale of shares to cover income tax and national insurance liabilities.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 246

 

 

(ii) nil

 

 

(ii) 151

 

 

(iii) £8.875

 

 

(iii) 186

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Release Sale

397 186

 

Nil £8.875

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

(iii) XLON

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Angelos Mastrantonis

2

 

Reason for the notification

 

a)

 

Position/status

 

Group HR Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend; and

 

(ii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 238

 

 

(ii) nil

 

 

(ii) 98

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

336

 

n/a

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Maria Martin

2

 

Reason for the notification

 

a)

 

Position/status

 

Corporate Finance Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend;

 

(ii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend; and

 

(iii) Sale of shares to cover income tax and national insurance liabilities.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 258

 

 

(ii) nil

 

 

(ii) 119

 

 

(iii) £8.875

 

 

(iii) 177

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

Release Sale

377 177

 

Nil £8.875

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

(iii) XLON

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Stella Lena

2

 

Reason for the notification

 

a)

 

Position/status

 

Group Financial Controller

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend; and

 

(ii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 198

 

 

(ii) nil

 

 

(ii) 94

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

292

 

n/a

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Shlomi Levi

2

 

Reason for the notification

 

a)

 

Position/status

 

CFO, Energean Israel

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend; and

 

(ii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 146

 

 

(ii) nil

 

 

(ii) 93

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

239

 

n/a

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Moran Erez

2

 

Reason for the notification

 

a)

 

Position/status

 

General Counsel, Israel

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2022 LTIP in respect of the Interim Dividend; and

 

(ii) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 146

 

 

(ii) nil

 

 

(ii) 93

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

239

 

n/a

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) Outside a trading venue

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Paddy Blewer

2

 

Reason for the notification

 

a)

 

Position/status

 

Corporate Communications Director & Head of CSR

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer

 

a)

 

Name

 

Energean plc

b)

 

LEI

 

549300RVMKU0CYUZBB05

4

 

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, type of instrument

 

Identification Code

 

 

Ordinary shares of 1p each

 

 

GB00BG12Y042

 

b)

 

Nature of the transaction

 

 

 

(i) Vesting and release of dividend equivalent shares under the 2023 DBP in respect of the Interim Dividend; and

 

(ii) Sale of shares to cover income tax and national insurance liabilities.

 

 

c)

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

 

(i) nil

 

(i) 64

 

 

(ii) £8.875

 

 

(ii) 30

 

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Release Sale

64 30

 

Nil £8.875

e)

Date of the transaction

 

2025-04-01

f)

Place of the transaction

 

(i) Outside a trading venue

 

(ii) XLON

 

 

 

 

Enquiries

 

For capital markets: ir@energean.com

Kyrah McKenzie, Investor Relations Manager 

Tel: +44 (0) 7921 210 862

For media: pblewer@energean.com

Paddy Blewer, Corporate Communications Director & Head of CSR

Tel: +44 (0) 7765 250 857

 

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END
 
 
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