Director/PDMR Shareholding

RNS Number : 4761U

EnQuest PLC

01 August 2022

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.  Amjad Bseisu 2.  The Amjad & Suha Bseisu Foundation
2	Reason for the notification
a)	Position/status	1.  Chief Executive of EnQuest PLC 2.  The Amjad & Suha Bseisu Foundation is a registered charity, of which Amjad Bseisu (CEO of EnQuest PLC)  is a Trustee.
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EnQuest PLC
b)	LEI	2138008LJU6WFQWOXJ73
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	£0.05 ordinary shares
	Identification code	GB00B635TG28
b)	Nature of the transaction	1.  Amjad Bseisu's EnQuest Nil Cost Share Options granted under the 2018 and 2019 EnQuest Performance Share Plans are being exercised. 2.  The shares are being transferred directly into the Amjad & Suha Bseisu Foundation. On completion of the exercise and transfer process, Amjad Bseisu will have the ability to influence voting in respect of the following shareholdings in EnQuest PLC: · The shareholding of Double A Limited, a company beneficially owned by the extended family of Amjad Bseisu - 10.48% (197,659,025 shares) · The shareholding of The Amjad & Suha Bseisu Foundation, a registered charity, of which Amjad Bseisu (CEO of EnQuest PLC)  is a Trustee - 1.72% (32,504,731 shares) · The shareholding of Amjad Bseisu - 0.009% (176,959 shares).
c)	Price(s) and volume(s)
			Price	Volume(s)
		1.	£n/a	4,604,010
		2.	£n/a	4,604,010
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transactions	29 July 2022
f)	Place of the transactions	n/a

Ends

For further information please contact:

EnQuest PLC   Tel: [phone]

Kate Christ

Acting Company Secretary

 

END

 

 

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