DJ Genel Energy PLC: Director / PDMR Shareholding
Genel Energy PLC (GENL)
Genel Energy PLC: Director / PDMR Shareholding
10-Sep-2024 / 15:00 GMT/BST
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10 September 2024
Genel Energy plc (the 'Company')
2024 Awards - Notification of Transactions by
Persons Discharging Managerial Responsibilities ('PDMRs')
Pursuant to the notification obligations under UK Market Abuse Regulations Article 19.1 the Company granted an award
over its ordinary shares of 10 pence each under the 2021 Performance Share Plan ('PSP') on 10 September 2024 to Luke
Clements as set out below.
The PSP award granted to Luke Clements was made in the form of nil-cost options and are subject to performance
conditions and become exercisable in three tranches; 25% on the first anniversary of the award, 25% on the second
anniversary of the award and 50% on the third anniversary of the award.
Name No. of shares subject to PSP Total number of shares over which options/awards are held following
Award notification
Luke Clements 69,620 940,863
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Luke Clements
2 Reason for Notification
a) Position/status CFO
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
Description of the financial instrument, type of Ordinary shares of 10 pence each
instrument
a)
Identification code
JE00B55Q3P39
b) Nature of the transaction Grant of nil-cost options under the Company's
Performance Share Plan
Nil cost
c) Price(s) and volumes(s)
Aggregated information
d) -Aggregated volume
69,620
-Price
Nil
e) Date of the transaction 10 September 2024
f) Place of the transaction Outside a trading venue
-ends-
For further information, please contact:
Genel Energy
+44 20 7659 5100
Luke Clements
Vigo Consulting
+44 20 7830 9700
Patrick d'Ancona
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). Genel has low-cost and low-carbon production from the Kurdistan Region of Iraq, and continues to seek opportunities to add new resilient and cash-generative assets to its portfolio. 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.
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ISIN: JE00B55Q3P39, NO0010894330 Category Code: DSH TIDM: GENL LEI Code: 549300IVCJDWC3LR8F94 OAM Categories: 2.3. Major shareholding notifications Sequence No.: 345986 EQS News ID: 1985409 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
September 10, 2024 10:00 ET (14:00 GMT)
