Last checked at 2 Apr 2024 14:00
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 Conditional Share Award ("CSA") made to Alexander Krane on 1 April 2021 has vested.
The CSA was made in accordance with the Company's Remuneration Policy and was made under the terms of the Company's 2017 Long Term Incentive Plan.
Director | Shares vesting | Market price at vesting | Shares sold to cover statutory deductions | Shares retained |
Alexander Krane | 297,723 | £2.758 | 153,179 | 144,544 |
Enquiries
Harbour Energy plc | Tel: 020 7730 1111 |
Elizabeth Brooks, Head of Investor Relations |
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Rachel Rickard, Company Secretary |
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Brunswick Group |
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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 | Alexander Krane | |||||||||||||
2 | Reason for the notification | ||||||||||||||
a) | Position/status | Chief Financial 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 144,544 shares retained) | |||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 2024-04-02 | |||||||||||||
f) | Place of the transaction | Outside of trading venue | |||||||||||||