Director/PDMR Shareholding

RNS Number : 4296B

Genel Energy PLC

06 October 2015

 

6 October 2015

Genel Energy plc

('the Company')

Notification of Transactions by Persons Discharging Managerial Responsibilities (PDMRs)

Pursuant to the notification obligations under Disclosure and Transparency Rule 3.1.4R, and further to the announcements made on 22 and 28 September 2015 and 2 October 2015, the Company hereby announces that as part of the ongoing internal re-organisation of Mehmet Sepil's indirectly held interests, through Elysion Energy Holding B.V. ('Elysion'), 554,031 voting ordinary shares in Genel Energy plc have been sold on 2 October 2015 for an average price of £2.769538. 

Accordingly, Mehmet Sepil's total holding immediately following this notification is 28,358,486 (11.40%) voting ordinary shares and 1,100,515 (3.72%) suspended voting ordinary shares.

Name of person making notification: Sarah Robertson

Contact number: [phone]

Date of notification: 6 October 2015

Notes to editors:

Genel Energy is an independent oil and gas exploration and production company listed on the main market of the London Stock Exchange (LSE: GENL). The Company, with headquarters in London and additional offices in Ankara and Erbil, is the largest independent oil producer and the largest holder of reserves and resources in the Kurdistan Region of Iraq and, through its Miran and Bina Bawi gas fields, is set to be a cornerstone provider of gas to Turkey under the KRI-Turkey Gas Sales Agreement. Genel also continues to pursue further growth opportunities within the Middle East and Africa.  For further information, please refer to www.genelenergy.com.

 

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