Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Amjad Bseisu |
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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EnQuest PLC |
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b)
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LEI
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2138008LJU6WFQWOXJ73 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
£0.05 ordinary shares |
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Identification code |
GB00B635TG28 |
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b)
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Nature of the transaction
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Grants 1. 2017 PSP Award. The Award will vest on 12 September 2020. 2. 2017 Executive Director Deferred Bonus Share Award. The Award will vest on 21 April 2019.
Vesting and subsequent sale for tax 3. 2015 Executive Director Deferred Bonus Share Award. Of the 242,365 shares vesting: i) 125,082 were sold for tax ii) 117,283 were retained.
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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1. |
n/a |
4,134,615 |
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2. |
n/a |
407,950 |
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3.i) |
£0.25111842 |
125,082 |
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ii) |
£0.25111842 |
117,283 |
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d) |
Aggregated information
- Aggregated volume
- Price
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As per 4(c) above
1. n/a 2. n/a 3. i) £31,410.39 ii) £29,451.91
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e)
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Date of the transaction
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8-12 September 2017 |
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f)
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Place of the transaction
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London Stock Exchange (XLON) |
1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Jonathan Swinney |
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer |
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b)
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Initial notification /Amendment
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Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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EnQuest PLC |
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b)
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LEI
|
2138008LJU6WFQWOXJ73 |
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4
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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
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a)
|
Description of the financial instrument, type of instrument |
£0.05 ordinary shares
GB00B635TG28 |
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Identification code |
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b)
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Nature of the transaction
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Grants 1. 2017 PSP Award. The Award will vest on 12 September 2020. 2. 2017 Executive Director Defered Bonus Share Award. The Award will vest on 21 April 2019.
Vesting and subsequent sale for tax 3. 2015 Executive Director Deferred Bonus Share Award. Of the 234,647 shares vesting: i) 121,102 were sold for tax ii) 113,545 were retained.
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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1. |
n/a |
2,692,307 |
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2. |
n/a |
371,896 |
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3.i) |
£0.25111842 |
121,102 |
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ii) |
£0.25111842 |
113,545 |
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d) |
Aggregated information:
- Aggregated volume
- Price |
As per 4(c) above
1. n/a 2. n/a 3.i) £30,410.94 3.ii) £28,513.23
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e)
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Date of the transaction
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8-12 September 2017 |
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f)
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Place of the transaction
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London Stock Exchange (XLON) |
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Ends
For further information please contact:
EnQuest PLC Tel: +44 (0)20 7925 4900
Stefan Ricketts
Company Secretary