Genel Energy PLC: Director/PDMR Shareholding
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
Vesting of contingent share award granted under the restricted share plan Vesting of contingent share award granted under the performance share plan
c)
Price(s) and volumes(s)
Nil cost42,395 shares
Nil cost573,779 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