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Pin to quick picksGenel Energy Regulatory News (GENL)

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Genel Energy PLC: Director/PDMR Shareholding

9 Sep 2022 11:30

Genel Energy PLC (GENL) Genel Energy PLC: Director/PDMR Shareholding 09-Sep-2022 / 11:30 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


9 September 2022

 

 

Genel Energy plc (‘the Company’)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES  

On 8 September 2022 Michael Adams exercised options granted to him under the Company’s Restricted Share Plan. Following the option exercise sufficient shares were sold to cover tax liabilities and remaining shares have been retained.

 

The notification below made in accordance with the requirements of the UK Market Abuse Regulation provides further detail.

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Adams

2

Reason for Notification

a)

Position/status

Technical Director

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

Exercise of nil cost options granted on 7 May 2019 under the restricted share plan Sale of sufficient shares to cover income tax and national insurance liabilities arising as a result of the option exercise

c)

Price(s) and volumes(s)

Price

Volume

Nil

43,625

£28,971.50

21,102

 

d)

Aggregated information (i) Aggregated volume

Price

 

(ii) Aggregated volume

Price

 

 

 

43,625

Nil

 

21,102

£28,971.50

e)

Date of the transaction

8 September 2022

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 7830 9700

 

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 Sarta, Taq Taq, and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and progressive dividend. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.

 


ISIN:JE00B55Q3P39, NO0010894330
Category Code:DSH
TIDM:GENL
LEI Code:549300IVCJDWC3LR8F94
Sequence No.:187112
EQS News ID:1439271
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Date   Source Headline
10th Nov 20177:00 amRNSReceipt of payment for KRI oil exports
9th Nov 20177:30 amRNSUpdate on Tawke PSC
9th Nov 20177:00 amRNSUpdate on Sidi Moussa licence
8th Nov 20177:45 amRNSReceipt of payment under RSA
19th Oct 20177:00 amRNSTrading and operations update
16th Oct 201711:39 amRNSReceipt of first payment under RSA
13th Oct 201712:00 pmRNSPosition of Chief Operating Officer
11th Oct 20177:00 amRNSReceipt of payment for KRI oil exports
11th Oct 20177:00 amRNSReceipt of payment for KRI oil exports
22nd Sep 20173:05 pmRNSChanges to Directors' Responsibilities
14th Sep 20177:15 amRNSReceipt of payment for KRI oil exports
14th Sep 20177:00 amRNSReceipt of payment for KRI oil exports
11th Sep 20177:00 amRNSDirectorate Changes
1st Sep 201712:00 pmRNSTotal Voting Rights
29th Aug 201711:00 amRNSDirector/PDMR Shareholding
29th Aug 201711:00 amRNSDirector/PDMR Shareholding
24th Aug 20178:54 amRNSDefinitive receivables agreement reached with KRG
9th Aug 20177:00 amRNSReceipt of payment for KRI oil exports
9th Aug 20177:00 amRNSReceipt of payment for KRI oil exports
1st Aug 20177:00 amRNSHalf-year Report
10th Jul 20178:00 amRNSTawke update
6th Jul 20177:20 amRNSReceipt of payment for KRI oil exports
6th Jul 20177:00 amRNSReceipt of payment for KRI oil exports
4th Jul 20177:59 amRNSNotice of Results
3rd Jul 201711:59 amRNSTotal Voting Rights
28th Jun 20171:00 pmRNSCancellation of bonds held in treasury
28th Jun 20177:00 amRNSAppointment of Chief Financial Officer
15th Jun 20177:00 amRNSReceipt of payment for KRI oil exports
14th Jun 201712:00 pmRNSHolding(s) in Company
12th Jun 20177:00 amRNSReceipt of payment for KRI oil exports
7th Jun 20174:00 pmRNSChanges to Directors' Responsibilities
6th Jun 20172:35 pmRNSResult of AGM
6th Jun 20177:00 amRNSAGM Statement
5th Jun 20177:00 amRNSDirectorate Changes
2nd Jun 20171:00 pmRNSManagement Change
1st Jun 201712:00 pmRNSHolding(s) in Company
1st Jun 201712:00 pmRNSTotal Voting Rights
12th May 201710:00 amRNSDirector/PDMR Shareholding
12th May 201710:00 amRNSDirector/PDMR Shareholding
10th May 20173:30 pmRNSDirector/PDMR Shareholding
10th May 20172:09 pmRNSReplacement-Receipt of payment for KRI oil exports
10th May 20177:46 amRNSReceipt of payment for KRI oil exports
10th May 20177:42 amRNSReceipt of payment for KRI oil exports
9th May 20172:15 pmRNSHolding(s) in Company
4th May 20177:31 amRNSKurdistan Operational Update
27th Apr 201710:00 amRNSReport on payments to governments
27th Apr 20177:00 amRNSDirectorate Change
27th Apr 20177:00 amRNSPosting of Annual Report
24th Apr 20177:00 amRNSDirectorate Change
11th Apr 20177:15 amRNSReceipt of payment for KRI oil exports

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