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: +44 (0)20 7925 4900

Kate Christ

Acting Company Secretary

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Companies

EnQuest (ENQ)
UK 100

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