Genel Energy PLC
Genel Energy PLC: Director / PDMR Shareholding
Genel Energy PLC (GENL)
10 September 2024
Genel Energy plc (the ‘Company’)
2024 Awards – Notification of Transactions by Persons Discharging Managerial Responsibilities (‘PDMRs’)
Pursuant to the notification obligations under UK Market Abuse Regulations Article 19.1 the Company granted an award over its ordinary shares of 10 pence each under the 2021 Performance Share Plan (‘PSP’) on 10 September 2024 to Luke Clements as set out below.
The PSP award granted to Luke Clements was made in the form of nil-cost options and are subject to performance conditions and become exercisable in three tranches; 25% on the first anniversary of the award, 25% on the second anniversary of the award and 50% on the third anniversary of the award.
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Notes to editors: Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). Genel has low-cost and low-carbon production from the Kurdistan Region of Iraq, and continues to seek opportunities to add new resilient and cash-generative assets to its portfolio. For further information, please refer to www.genelenergy.com
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ISIN: | JE00B55Q3P39, NO0010894330 |
Category Code: | DSH |
TIDM: | GENL |
LEI Code: | 549300IVCJDWC3LR8F94 |
OAM Categories: | 2.3. Major shareholding notifications |
Sequence No.: | 345986 |
EQS News ID: | 1985409 |
End of Announcement | EQS News Service |