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Last checked at 
9 Apr 2025 13:00
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Harbour Energy plc
(the "Company", "Harbour")
Vesting of Deferred Bonus Awards
Harbour announces that the Deferred Bonus Awards listed below (the "Awards") vested on 7 April 2025 pursuant to the Rules of the 2017 Long Term Inventive Plan (" 2017 LTIP").
The Awards were granted in March 2022 in respect of 50 per cent of bonus amounts earned for the financial year ending 31 December 2021. In accordance with the Company's 2021 Remuneration Policy, these awards were subject to a three-year deferral period which has now ended.
The tax and National Insurance liabilities arising on the release of the Awards were settled by withholding a sufficient number of shares to cover those liabilities. The net number of shares were then released to participants as indicated below.
Director | Shares vesting | Market price at vesting | Shares sold to cover statutory deductions | Shares retained |
Linda Z. Cook | 57,980 | £1.734 | 22,816 | 35,164 |
Alexander Krane | 35,029 | £1.734 | 18,016 | 17,013 |
Enquiries
Harbour Energy plc | Tel: 020 7730 1111 |
Rachel Rickard, Company Secretary Elizabeth Brooks, SVP Investor Relations |
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Andrew Norman, SVP Communications
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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 Deferred Bonus Award under the 2017 LTIP (ii) Shares sold to cover tax (balance of 35,164 shares retained) | ||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 2025-04-07 | ||||||||||
f) | Place of the transaction | Outside of trading venue | ||||||||||
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 | (iii) Vesting of Deferred Bonus Award under the 2017 LTIP (iv) Shares sold to cover tax (balance of 17,013 shares retained) | ||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 2025-04-07 | ||||||||||
f) | Place of the transaction | Outside of trading venue | ||||||||||
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