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GENEL ENERGY (LON:GENL) Genel Energy PLC: Director/PDMR Shareholding

Transparency directive : regulatory news

22/06/2020 13:00

Genel Energy PLC (GENL)
Genel Energy PLC: Director/PDMR Shareholding

22-Jun-2020 / 12:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


22 June 2020

 

 

Genel Energy plc (the Company)

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
 

1

Details of the person discharging managerial responsibilities / person closely associated

  a)

Name

Pars Kutay

2

Reason for Notification

a)

Position/status

Head of Government & Public Affairs

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

Genel Energy plc

b)

LEI

549300IVCJDWC3LR8F94

4

Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary shares of 10 pence each

 

 

JE00B55Q3P39

b)

Nature of the transaction

  1. Vesting of contingent share award granted under the restricted share plan
  2. Vesting of contingent share award granted under the performance share plan

 

c)

Price(s) and volumes(s)

  1. Nil cost

42,395 shares

  1. Nil cost

573,779 shares

d)

Aggregated information

-Aggregated volume

-Price

 

 

616,174

N/A

e)

Date of the transaction

19 June 2020

f)

Place of the transaction

Outside of trading venue

 

-ends-

 

 

For further information please contact:

 

Genel Energy

Andrew Benbow, Head of Communications

+44 20 7659 5100

 

 

Vigo Communications

Patrick d'Ancona

+44 20 7830 9700

 

Notes to editors:

 

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects. Genel has low-cost and low-carbon production from the Taq Taq and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.

 



ISIN: JE00B55Q3P39
Category Code: DSH
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 71045
EQS News ID: 1075271

 
End of Announcement EQS News Service

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