Genel Energy PLC: Director/PDMR Shareholding
Genel Energy PLC (GENL)
Genel Energy PLC: Director/PDMR Shareholding
01-Jun-2023 / 12:00 GMT/BST
1 June 2023
Genel Energy plc
NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
On 1 June 2023, Ümit Tolga Bilgin notified the Company that on 30 May 2023, Bilgin Grup Doğalgaz A.Ş. purchased 450,000 Ordinary Shares in Genel Energy plc at a price of £1.1180 per share, and on 31 May 2023 Bilgin Grup Doğalgaz A.Ş. purchased 100,000 Ordinary shares in Genel Energy plc at a price of £1.1170 per share. Ümit Tolga Bilgin is Vice-Chairman of Bilgin Grup Doğalgaz A.Ş., and is a Non-Executive Director of Genel Energy plc.
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation provides further detail.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Bilgin Grup Doğalgaz A.Ş.
2
Reason for Notification
a)
Position/status
Person closely associated to Ümit Tolga Bilgin
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
Purchase of ordinary shares
c)
Price(s) and volumes(s)
£1.1180 per share
450,000
d)
Aggregated information
-Aggregated volume
-Price
450,000
£503,100
e)
Date of the transaction
30 May 2023
f)
Place of the transaction
London Stock Exchange
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Bilgin Grup Doğalgaz A.Ş.
2
Reason for Notification
a)
Position/status
Person closely associated to Ümit Tolga Bilgin
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
Purchase of ordinary shares
c)
Price(s) and volumes(s)
£1.1170 per share
100,000
d)
Aggregated information
-Aggregated volume
-Price
100,000
£117,000
e)
Date of the transaction
31 May 2023
f)
Place of the transaction
London Stock Exchange
-ends-
For further information, please contact:
Andrew Benbow, Head of Communications
+44 20 7659 5100
Vigo Consulting
Patrick d’Ancona
+44 20 7390 0230
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 Kurdistan Region of Iraq, and a committed dividend programme that is material and sustainable. Genel continues to seek opportunities to add new resilient and cash-generative assets to its portfolio, with the goal of progressing its dividend in the long-term. For further information, please refer to www.genelenergy.com
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
ISIN: JE00B55Q3P39, NO0010894330 Category Code: DSH TIDM: GENL LEI Code: 549300IVCJDWC3LR8F94 Sequence No.: 248003 EQS News ID: 1647441
End of Announcement EQS News Service