30 Mar 2021 14:34
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 Β | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) Β | Name Β | 1. Amjad Bseisu 2. The Amjad & Suha Bseisu Foundation Β | |||
2 Β | Reason for the notification Β | ||||
a) Β | Position/status Β | 1. Chief Executive of EnQuest PLC 2. The Amjad & Suha Bseisu Foundation is a registered charity, of which Amjad Bseisu (CEO of EnQuest PLC) is a Trustee. Β | |||
b) Β | Initial notification /Amendment Β | Initial notification | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | ||||
a) Β | Name Β | EnQuest PLC | |||
b) Β | LEI Β | 2138008LJU6WFQWOXJ73 | |||
4 Β | 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 Β | ||||
a) Β | Description of the financial instrument, type of instrument | Β£0.05 ordinary shares | |||
Identification code | GB00B635TG28 | ||||
b) Β | Nature of the transaction Β Β | 1. Amjad Bseisu's EnQuest Nil Cost Share Options granted under the 2017 EnQuest Performance Share Plan are being exercised. 2. The shares are being transferred directly into the Amjad & Suha Bseisu Foundation. Β On completion of the exercise and transfer process, Amjad Bseisu will have the ability to influence voting in respect of the following shareholdings in EnQuest PLC: Β Β· The shareholding of Double A Limited, a discretionary trust in which the extended family of Amjad Bseisu has a beneficial interest - 9.51% (161,380,583 shares) Β· The shareholding of The Amjad & Suha Bseisu Foundation, a registered charity, of which Amjad Bseisu (CEO of EnQuest PLC) is a Trustee - 1.21% (20,554,304 shares) Β· The shareholding of Amjad Bseisu - 0.01% (167,547 shares). Β | |||
c) Β | Price(s) and volume(s) | ||||
Price | Volume(s) | ||||
1. | Β£n/a | 2,396,980 | |||
2. | Β£n/a | 2,396,980 | |||
| |||||
d) | Aggregated information Β - Aggregated volume - Price Β | n/a Β | |||
e) Β | Date of the transactions Β | 30 March 2021 | |||
f) Β | Place of the transactions Β | n/a | |||
Β
Ends
For further information please contact:
EnQuest PLC Tel: +44 (0)20 7925 4900
Stefan Ricketts
Company Secretary
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