Director/PDMR Shareholding

Capricorn Energy PLC

09 July 2024

 

FOR IMMEDIATE RELEASE                                                                                          9 July 2024

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

Interests of Directors / Persons Discharging Managerial Responsibility ("PDMRs")

in the Company's Shares

1.         Purchase of Partnership Shares / Award of Matching Shares under the Company's 2010 Share Incentive Plan (the "SIP")

Capricorn announces that, on 8 July 2024, the trustee (the "Trustee") of the Company's HMRC approved all-employee SIP purchased ordinary shares of ⁷⁹⁹/₁₂₂ pence each in the Company ("Ordinary Shares") in the market at a price of £1.86738 per Ordinary Share on behalf of participants in the "Partnership Share" element of the SIP using deductions made from their gross salary.

Capricorn also announces that, on 8 July 2024, awards of further Ordinary Shares were made to the participants under the "Matching Share" element of the SIP on the basis of two free Matching Shares for every one Partnership Share purchased. The Ordinary Shares used to satisfy these awards were previously purchased in the market.

Details of the PDMR who participated in the purchase / award are as follows:

PDMR	Number of Partnership Shares Purchased	Number of Matching Shares Awarded	Total Number of Shares Acquired
Nathan Piper, Commercial Director	80	160	240

In accordance with the rules of the SIP, Partnership and Matching Shares are initially held by the Trustee on the participants' behalf and, in the case of Matching Shares, must normally remain so held throughout a period of five years from the date of award. 

2.            Summary of current holdings of PDMR

Following this announcement, Nathan Piper's beneficial interests in the Shares of the Company are as follows:

PDMR	Previous Shares	Current Shares	% Issued Share Capital	Outstanding entitlements under 2017 LTIP
				Unvested Awards still subject to performance conditions	Vested but unexercised Awards*
Nathan Piper	6,597	6,837	0.01	279,128	0

* This column includes all outstanding awards that have vested following the expiry of the applicable performance period, regardless of whether or not they are currently capable of being exercised under the rules of the 2017 LTIP.

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 as it forms part of domestic law by virtue of the European (Withdrawal) Act 2018.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nathan Piper
2	Reason for the notification
a)	Position/status	Commercial Director
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Capricorn Energy PLC
b)	LEI	213800ZJEUQ8ZOC9AL24
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 799/122 pence each
	Identification code	GB00BRJ7R218
b)	Nature of the transaction	Partnership shares purchased under the Company's all-employee Share Incentive Plan (2010).
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.86738 80
d)	Aggregated information -   Aggregated volume -   Price	-     Not applicable
e)	Date of the transaction	8 July 2024
f)	Place of the transaction	London Stock Exchange
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 799/122 pence each
	Identification code	GB00BRJ7R218
b)	Nature of the transaction	Matching shares awarded under the Company's all-employee Share Incentive Plan (2010) on the basis of two free matching shares for every one partnership share purchased.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 160
d)	Aggregated information -   Aggregated volume -   Price	-     Not applicable
e)	Date of the transaction	8 July 2024
f)	Place of the transaction	London Stock Exchange

 

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