Genel Energy PLC (GENL) Genel Energy PLC: Director/PDMR Shareholding 30-May-2023 / 12:00 GMT/BST
30 May 2023 Genel Energy plc NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES AND A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES On 29 May 2023, Ümit Tolga Bilgin notified the Company that on 25 May 2023, Bilgin Grup Doğalgaz A.Ş. purchased 750,000 Ordinary Shares in Genel Energy plc at a price of £1.1108 per share, and on 26 May 2013 Bilgin Grup Doğalgaz A.Ş. purchased 25,000 Ordinary shares in Genel Energy plc at a price of £1.1100 per share. Ümit Tolga Bilgin is Vice-Chairman of Bilgin Grup Doğalgaz A.Ş., and is a Non-Executive Director of Genel Energy plc. On 30 May 2023, Luke Clements notified the Company that on 30 May 2023, he sold 8,928 Ordinary Shares in Genel Energy plc at a price of £1.120036 and repurchased the same number of shares at a price of £1.130404 in order for the shares to be held in an ISA account. The notification below is made in accordance with the requirements of the EU Market Abuse Regulation provides further detail. | 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Bilgin Grup Doğalgaz A.Ş. | | 2 | Reason for Notification | | a) | Position/status | Person closely associated to Ümit Tolga Bilgin | | 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 | Purchase of ordinary shares | | c) | Price(s) and volumes(s) | £1.1108 per share 750,000 | | d) | Aggregated information -Aggregated volume -Price | 750,000 £833,100 | | e) | Date of the transaction | 25 May 2023 | | f) | Place of the transaction | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Bilgin Grup Doğalgaz A.Ş. | | 2 | Reason for Notification | | a) | Position/status | Person closely associated to Ümit Tolga Bilgin | | 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 | Purchase of ordinary shares | | c) | Price(s) and volumes(s) | £1.1100 per share 25,000 | | d) | Aggregated information -Aggregated volume -Price | 25,000 £27,750 | | e) | Date of the transaction | 26 May 2023 | | f) | Place of the transaction | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | | a) | Name | Luke Clements | | 2 | Reason for Notification | | a) | Position/status | Person discharging managerial responsibility | | 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 | Sale and purchase of ordinary shares | | c) | Price(s) and volumes(s) | | Price | Volume | | £1.120036 per share | 8,928 (sold) | | £1.130404 per share | 8,928 (purchase) |
| | d) | Aggregated information (i) Aggregated volume Price (ii) Aggregated volume Price | 8,928 £9,999.68 8,928 £10,092.25 | | e) | Date of the transaction | 30 May 2023 | | f) | Place of the transaction | London Stock Exchange |
-ends- For further information, please contact: | Genel Energy Andrew Benbow, Head of Communications | +44 20 7659 5100 | | | | | Vigo Consulting Patrick d’Ancona | +44 20 7390 0230 |
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). The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects. Genel has low-cost and low-carbon production from the Kurdistan Region of Iraq, and a committed dividend programme that is material and sustainable. Genel continues to seek opportunities to add new resilient and cash-generative assets to its portfolio, with the goal of progressing its dividend in the long-term. 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.
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