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Pin to quick picksHarbour Energy Regulatory News (HBR)

Share Price Information for Harbour Energy (HBR)

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Director/PDMR Shareholding

5 May 2023 09:00

RNS Number : 4914Y
Harbour Energy PLC
05 May 2023
 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Harbour Energy plc

(the "Company", "Harbour")

Vesting of Conditional Share Award

 

Harbour today announces that the second one-third increment of the Conditional Share Award ("CSA") made to Linda Cook on 4 May 2021 has vested. The CSA was awarded to compensate Linda for incentive arrangements forfeited on stepping down from her role as Managing Director of EIG Global Energy Partners ("EIG").

The CSA was made in accordance with the Company's Remuneration Policy for the recruitment of a new executive director and was made under the terms of the Company's 2017 Long Term Incentive Plan. The vesting of the CSA is in one-third increments with the third increment due to vest on 4 May 2024.

 

 Director

Shares vesting

Market price at vesting

Shares sold to cover statutory deductions

Shares retained

Linda Z. Cook

402,327

£2.387

158,517

243,810

 

Enquiries

 

 

 

Harbour Energy plc

Tel: 020 7730 1111

Elizabeth Brooks, Head of Investor Relations

 

Rachel Rickard, Company Secretary

 

 

 

Brunswick Group

 

Patrick Handley

Tel: 07974 982395

Will Medvei

Tel: 07823 527148

 

The information set out below is provided in accordance with the requirements of Article 19(3) of MAR

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Linda Z. Cook

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Harbour Energy plc

b)

LEI

213800YPC42DYBKVPF97

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 0.002 pence each

GB00BMBVGQ36

b)

Nature of the transaction

(i) Vesting of Conditional Share Award under the 2017 LTIP

(ii) Shares sold to cover tax (balance of 243,810 shares retained)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

(i) £0.00

(ii) £2.387

402,327158,517

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

Price(s)

Volume(s)

Total

£0.00

402,327

£0.00

£2.387

158,517

£378,379.69

e)

Date of the transaction

2023-05-04

f)

Place of the transaction

Outside of trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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