24 Jan 2020 12:23
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name: | Melissa Clare | ||||||
2. | Reason for the notification | |||||||
a) | Position/status: | General Manager (Aberdeen) | ||||||
b) | Initial notification/Amendment: | Initial Notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Hurricane Energy plc | ||||||
b) | LEI: | 2138007Z66OO4XWKM819 | ||||||
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 0.1p each in Hurricane Energy plc ("Shares") ISIN: GB00B580MF54 | ||||||
b) | Nature of the transaction: | Conditional share awards (Category E) to be granted for nil consideration under the Company's 2017 Performance Share Plan, subject to a three-year performance period and satisfaction of certain performance conditions including a share price hurdle of 42.74 pence per Share and vesting of the Company's Value Creation Plan (the conditions of which are disclosed in the Company's Annual Report and Accounts for the financial year ended 31 December 2018). The number of Shares that are subject to the initial award may be multiplied by the proportion of Share price growth over the performance period up to a maximum of double the initial award. | ||||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: | See above 4 c) | ||||||
e) | Date of the transaction: | 21 January 2020 | ||||||
f) | Place of the transaction: | Outside of trading venue | ||||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name: | Richard Tomlins | ||||||
2. | Reason for the notification | |||||||
a) | Position/status: | Development and Engineering Technical Director | ||||||
b) | Initial notification/Amendment: | Initial Notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Hurricane Energy plc | ||||||
b) | LEI: | 2138007Z66OO4XWKM819 | ||||||
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 0.1p each in Hurricane Energy plc ("Shares") ISIN: GB00B580MF54 | ||||||
b) | Nature of the transaction: | Conditional share awards (Category E) to be granted for nil consideration under the Company's 2017 Performance Share Plan, subject to a three-year performance period and satisfaction of certain performance conditions including a share price hurdle of 42.74 pence per Share and vesting of the Company's Value Creation Plan (the conditions of which are disclosed in the Company's Annual Report and Accounts for the financial year ended 31 December 2018). The number of Shares that are subject to the initial award may be multiplied by the proportion of Share price growth over the performance period up to a maximum of double the initial award. | ||||||
c) | Price(s) and volume(s): |
| ||||||
d) | Aggregated information: | See above 4 c) | ||||||
e) | Date of the transaction: | 21 January 2020 | ||||||
f) | Place of the transaction: | Outside of trading venue | ||||||