2 Apr 2020 13:42
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
| Jonathan Swinney | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial Officer, PDMR
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| EnQuest PLC | |||
b)
| LEI
| 2138008LJU6WFQWOXJ73 | |||
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 | £0.05 ordinary shares | |||
Identification code | GB00B635TG28 | ||||
b)
| Nature of the transaction
| Through an irrevocable notice of exercise, agreed with the Company prior to commencement of the closed period relating to the announcement of the 2019 full year results, Jonathan Swinney has exercised his 2010 Restricted Share Plan options which were due to expire on their 10 year anniversary:
· 685,677 (granted 1 April 2010) · 208,874 (granted 19 April 2010)
(i) 421,865 shares were sold for tax (ii) 472,686 were retained by Jonathan Swinney.
| |||
c)
| Price(s) and volume(s) | ||||
Price | Volume(s) | ||||
(i) | £0.078 | 421,865 | |||
(ii) | £0.078 | 472,686 | |||
| |||||
d) | Aggregated information
- Aggregated volume - Price
| n/a
| |||
e)
| Date of the transaction
| 31 March 2020
| |||
f)
| Place of the transaction
| London Stock Exchange (XLON)
| |||
Ends
For further information please contact:
EnQuest PLC Tel: +44 (0)20 7925 4900
Stefan Ricketts
Company Secretary
Enquest (ENQ)