London, 25 May 2023 - Notification of a transaction by a Person Discharging Managerial Responsibilities ("PDMR") related to the sale of sufficient shares to cover the tax liabilities of vested shares and dividend equivalent shares previously announced by the Company on 27 April 2023 under the Company's 2021 Deferred Bonus Plan (the "DBP").
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nick Witney
2
Reason for the notification
a)
Position/status
Commercial Director
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer
a)
Name
Energean plc
b)
LEI
549300RVMKU0CYUZBB05
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
4
type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
Description of the financial
Ordinary shares of 1p each
a)
instrument, type of instrument
Identification Code
GB00BG12Y042
Sale of sufficient shares to cover the tax liabilities of vested shares
b)
Nature of the transaction
under the DBP including dividend equivalent shares in respect of
the interim dividends announced by the Company on 8 September
2022, 17 November 2022, and 9 February 2023 and paid on 30
September 2022, 30 December 2022 and 30 March 2023
respectively.
Price(s)
Volume(s)
c)
Price(s) and volume(s)
£11.304
3,670
Aggregated information
d)
- Aggregated volume
3,670
- Price
£11.304
e)
Date of the transaction
2023-05-23
f)
Place of the transaction
XLON
Enquiries
For capital markets: ir@energean.com
Kate Sloan, Head of IR and M&A Tel: +44 7917 608 645
For media: pblewer@energean.com
Paddy Blewer, Head of Corporate Communications Tel: +44 7765 250 857
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Disclaimer
Energean plc published this content on 25 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2023 10:08:07 UTC.
Energean plc is an exploration and production (E&P) company with operations across the Mediterranean and the United Kingdom North Sea. The Company has a portfolio of production, development, and exploration assets throughout the Greater Mediterranean region. It operates through four segments: Europe (including Greece, Italy, United Kingdom, Croatia), Israel, Egypt, and New Ventures. In Greece, it operates Prinos Concession, Prinos CO2, South Kavala, Katakolo, Ioannina, and Block 2. In Italy, it operates Cassiopea, Vega, Rospo Mare, Clara Complex, and Sarago Mare. In the United Kingdom, it operates Scott & Telford, Glengorm, and Isabella. In Croatia, it operates Izabela and Irena fields. In Israel, it operates Karish; Karish North; Tanin; Blocks 12, 21, 23 and 31; Blocks 55,56,61,62; and Katlan. In Egypt, it operates Abu Qir, North El Amriya and North Idku, and North East Hapây. The Companyâs flagship development assets are the Karish, Karish North and Tanin fields, offshore Israel.