Genel Energy PLC (GENL)
24 March 2020
NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES On 23 March 2020, Hassan Gozal notified the Company that on 20 March 2020, Daax Corporation FZE had purchased 200,000 Ordinary Shares in Genel Energy plc at a price of £0.74 per share, and on 23 March 2020 Daax Corporation FZE had purchased 120,000 Ordinary Shares in Genel Energy plc at a price of £0.84 per share. Hassan Gozal is sole shareholder and Director of Daax Corporation FZE, 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.
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Notes to editors:
Genel Energy is an independent oil and gas exploration and production company listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company, with headquarters in London and offices in Ankara and Erbil, is one of the largest London-listed independent oil producers, and is the largest holder of reserves and resources in the Kurdistan Region of Iraq. Genel has highly cash-generative oil production from the Taq Taq and Tawke licences, with material growth potential from other assets in the portfolio. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.
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ISIN: | JE00B55Q3P39 |
Category Code: | DSH |
TIDM: | GENL |
LEI Code: | 549300IVCJDWC3LR8F94 |
Sequence No.: | 54262 |
EQS News ID: | 1005305 |
End of Announcement | EQS News Service |
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