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PDMR and PCA Notification

19 May 2023 07:00

RNS Number : 9526Z
Ithaca Energy PLC
19 May 2023
 

For immediate release

 

 

19 May 2023

 

Ithaca Energy plc (the "Company")

 

PDMR and PCA Notification

 

Ithaca Energy plc (LSE: ITH) (Ithaca Energy, or the Company) announces that it was notified on 17th May 2023 that DKL Energy Limited (on behalf of Delek Group Limited ("DGL")) transferred shares to a new custody account. DGL is, a person closely associated with a PDMR, Mr Idan Wallace, a Non-Executive Director of the Company.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.

1.

Details of PDMR / PCA

(a)

Name

DKL Energy Limited on behalf of Delek Group Limited

(b)

Position / status

PCA: Delek Group Limited

PDMR Idan Wallace (a Non-Executive Director of the Company)

(c)

Initial notification / amendment

Initial notification

2.

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

(a)

Name

Ithaca Energy plc

(b)

LEI

21380057TNFLXPXBIP34

3.

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

Ordinary Shares

(b)

Nature of the transaction

Transfer to a new custody account under a Pledge Agreement in relation to a series of Israeli Bonds issued by Delek Group in 22/1/2023.

This transfer to a custody account results in no changes to the beneficial owner of the Ordinary Shares.

(c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Free of payment

231,790,833

(d)

Aggregated information

Not applicable (single transaction)

- Aggregated volume

- Price

231,790,833

 

(e)

Date of the transaction

17/05/2023

(f)

Place of the transaction

Outside of trading venue

 

Enquiries

 

Ithaca Energy

Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications - kathryn.reid@ithacaenergy.com 

 

FTI Consulting (PR Advisers to Ithaca Energy)

Ben Brewerton / Nick Hennis - +44 (0)203 727 1000 or ithaca@fticonsulting.com

 

IMPORTANT NOTICE

 

 

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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