Director/PDMR Shareholding

RNS Number : 1011V

Seplat Energy PLC

05 August 2022

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Seplat Energy PLC ("Seplat" or "Company")

Lagos and London - 5^th August 2022: The following award ("sign-on share award") over ordinary shares of 0.5 Naira each ("shares") of Seplat were granted to the Chief Operating Officer of the Company on 04 August 2022 (the "Award Date"), as set out in his employment contract, using the share price as at the contract's commencement date.  

Vesting conditions are as set out in the employment contract and the Award is subject to a one-year post vesting holding period.

Name	Position	Total Number of Shares over which the award is granted*
Samson Ezugworie	Chief Operating Officer	514,575

* The number of shares awarded was calculated by dividing the monetary value of the Award by the share price on the Commencement Date (i.e. £0.92).

No consideration was paid for the grant of the above sign-on share award and no consideration is due on the vesting of the sign-on award.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Mrs. Edith Onwuchekwa

Director, Legal/Company Secretary

FOR: SEPLAT ENERGY PLC.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Samson Ezugworie
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Seplat Energy PLC
b)	LEI	029200711C4S4CB2E982
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 Seplat Energy PLC of 0.5 Naira each NGSEPLAT0008
b)	Nature of the transaction	Grant of the 2022 LTIP Award
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 514,575
d)	Aggregated information - Aggregated volume - Price	514,575 ordinary shares of 0.5 Naira each Nil consideration
e)	Date of the transaction	04 August 2022
f)	Place of the transaction	Outside a trading venue

Enquiries:

Seplat Energy PLC
Edith Onwuchekwa, Company Secretary Ngozi Osuzoka (Company Secretariat)	[phone] Ext 1110 [phone] Ext 1108
FTI Consulting
Ben Brewerton / Sara Powell / James Styles	[phone] [e-mail]

 

END

 

 

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