REG-Genel Energy PLC Genel Energy PLC: Director / PDMR Shareholding

Genel EnergyAnnouncement

10/09/2024 15:15

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   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.

    

    

                 No. of shares subject   Total number of shares over which
       Name          to PSP Award        options/awards are held following
                                                    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 /         Initial notification
        Amendment
   3    Details of the issuers, emission allowance market participant,
        auction platform, auctioneer or auction monitor
   a)   Name                           Genel Energy plc
   b)   LEI                            549300IVCJDWC3LR8F94
        Details of the transaction(s): section to be replaced for (i) each
   4    type of instrument; (ii) each type of transaction; (iii) each date
        (iv) each place where transaction have been conducted
        Description of the financial   Ordinary shares of 10 pence each
        instrument, type of 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  1 www.genelenergy.com

    

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   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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