Sign In
Last checked at 
17 Apr 2026 17:13
17 April 2026
Ithaca Energy plc
("Ithaca" or "the Company")
Director / PDMR Shareholdings
Ithaca Energy plc (ITH) makes the following announcement in respect of certain disclosable transactions carried out by certain of its directors and persons discharging managerial responsibilities ("PDMRs") on 15 April 2026.
Grant of performance share awards to PDMRs
On 15 April 2026, the Company granted a performance share award ("Performance Share Award") under the Ithaca Energy Long Term Incentive Plan to the PDMRs listed below:
PDMR | No. of shares under Performance Share Award |
Yaniv Friedman | 469,804 |
Luciano Vasques | 563,764 |
Iain Lewis | 469,804 |
The Performance Share Award is granted in the form of a nil-cost option, which will vest and become exercisable on 15 April 2029 (or, if later, the date on which the Remuneration Committee determines that the applicable performance conditions (described below) are met).
The Performance Share Awards are subject to a performance condition measuring the Company's total shareholder return over a period of three financial years (commencing with the current financial year) relative to the total shareholder return of a comparator group of companies in the Energy sector.
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
For further information, please contact:
Ithaca Energy | |
Kathryn Reid - Head of Investor Relations and External Affairs | kathryn.reid@ithacaenergy.com |
| |
Camarco (PR Advisers to Ithaca Energy) | +44 (0)203 757 4980 |
| |
Billy Clegg / Owen Roberts / Violet Wilson | ithacaenergy@apcoworldwide.com |
1. | Details of PDMR / PCA | |||||
a) | Name | Yaniv Friedman | ||||
2. | Reason for the notification | |||||
a) | Position/status | Executive Chairman | ||||
b) | Initial notification/amendment | Initial notification | ||||
3. | Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ithaca Energy plc | ||||
b) | LEI | 21380057TNFLXPXBIP34 | ||||
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 Identification code | Ordinary 1p shares | ||||
ISIN: GB00BPJHV584 | ||||||
b) | Nature of the transaction | Grant of an award over ordinary shares pursuant to the Ithaca Energy Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
| Not applicable, single transaction | ||||
e) | Date of the transaction | 15 April 2026 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
2. | Details of PDMR / PCA | |||||
a) | Name | Luciano Vasques | ||||
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 | Ithaca Energy plc | ||||
b) | LEI | 21380057TNFLXPXBIP34 | ||||
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 Identification code | Ordinary 1p shares | ||||
ISIN: GB00BPJHV584 | ||||||
b) | Nature of the transaction | Grant of an award over ordinary shares pursuant to the Ithaca Energy Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
| Not applicable, single transaction | ||||
e) | Date of the transaction | 15 April 2026 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
3. | Details of PDMR / PCA | |||||
a) | Name | Iain Lewis | ||||
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 | Ithaca Energy plc | ||||
b) | LEI | 21380057TNFLXPXBIP34 | ||||
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 Identification code | Ordinary 1p shares | ||||
ISIN: GB00BPJHV584 | ||||||
b) | Nature of the transaction | Grant of an award over ordinary shares pursuant to the Ithaca Energy Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
| Not applicable, single transaction | ||||
e) | Date of the transaction | 15 April 2026 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Follow the stocks
