Director/PDMR Shareholding

Energean PLC

11 September 2023

 

Energean plc

("Energean" or the "Company")

DIRECTOR / PDMR Shareholding

London, 11 September 2023 - Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMR") in respect of the release of shares which vested on 6 September 2021 under the Company's Long Term Incentive Plan relating to the period 2018-2021 (the "LTIP") and that have been subject to a 2-year holding period. The release of shares for the LTIP includes dividend equivalent shares in respect of the interim dividends announced by the Company on 8 September 2022, 17 November 2022, 9 February 2023 and 18 May 2023 and paid on 30 September 2022, 30 December 2022, 30 March 2023 and 30 June 2023 respectively (the "Interim Dividends"), and the sale of sufficient shares to cover income tax and national insurance liabilities with the balance being retained as laid out in the table below:

Name	No of Shares Released	No of Shares Sold	Sale Date	Price of Shares Sold	No of Shares Retained
Mathios Rigas	213,035	13,656	2023-09-07	£11.366	199,379
Panos Benos	142,023	40,113	2023-09-07	£11.366	101,910

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mathios Rigas
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	Energean plc
b)	LEI	549300RVMKU0CYUZBB05
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 Identification Code	Ordinary shares of 1p each     GB00BG12Y042
b)	Nature of the transaction	(i)         Release of shares under the LTIP; (ii)         Release of dividend equivalent shares in respect of the Interim Dividends; and (iii)        Sale of shares to cover income tax and national insurance liabilities.
c)	Price(s) and volume(s)	Price(s)    Volume(s) (i)         Nil (i)         196,986 (ii)         Nil (ii)         16,049 (iii)        £11.366 (iii)        13,656
d)	Aggregated information - Aggregated volume - Price	Release                                 Sale    213,035                                  13,656    Nil                                         £11.366
e)	Date of the transaction	2023-09-07
f)	Place of the transaction	(i)         Outside a trading venue (ii)         Outside a trading venue (iii)        XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Panos Benos
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer
a)	Name	Energean plc
b)	LEI	549300RVMKU0CYUZBB05
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 Identification Code	Ordinary shares of 1p each     GB00BG12Y042
b)	Nature of the transaction	(i)         Release of shares under the LTIP; (ii)         Release of dividend equivalent shares in respect of the Interim Dividends; and (iii)        Sale of shares to cover income tax and national insurance liabilities.
c)	Price(s) and volume(s)	Price(s)    Volume(s) (i)         Nil (i)         131,324 (ii)         Nil (ii)         10,699 (iii)        £11.366 (iii)        40,113
d)	Aggregated information - Aggregated volume - Price	Release                                 Sale    142,023                                  40,113    Nil                                         £11.366
e)	Date of the transaction	2023-09-07
f)	Place of the transaction	(i)         Outside a trading venue (ii)         Outside a trading venue (iii)        XLON

Enquiries

For capital markets:   [e-mail]

Kate Sloan, Head of IR and M&A  Tel: [phone]

For media:   [e-mail]

Paddy Blewer, Head of Corporate Communications    Tel: [phone]

 

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