18 October 2018
NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSON CLOSELY ASSOCIATED
On 17 October 2018, Stephen Whyte notified the Company that he had purchased 2,122 Ordinary Shares in Genel Energy plc at a price of £2.35 per share and that Nicola Whyte has purchased 6,642 Ordinary Shares in Genel Energy plc at a price of £2.3465 per share.
Nicola Whyte is a person closely associated with Stephen Whyte, Chairman of Genel Energy PLC.
The notification below made in accordance with the requirements of the Market Abuse Regulation provides further detail.
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Stephen Whyte
|
|
2
|
Reason for Notification
|
|
a)
|
Position/status
|
Chairman
|
|
b)
|
Initial notification / Amendment
|
Initial notification
|
|
3
|
Details of the issuers, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Genel Energy plc
|
|
b)
|
LEI
|
549300IVCJDWC3LR8F94
|
|
4
|
Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted
|
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 10 pence each
JE00B55Q3P39
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary shares
|
|
c)
|
Price(s) and volumes(s)
|
£2.35 per share
2,122
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
2,122
£2.35 per share
|
|
e)
|
Date of the transaction
|
17 October 2018
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Nicola Whyte
|
|
2
|
Reason for Notification
|
|
a)
|
Position/status
|
Person closely associated
|
|
b)
|
Initial notification / Amendment
|
Initial notification
|
|
3
|
Details of the issuers, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Genel Energy plc
|
|
b)
|
LEI
|
549300IVCJDWC3LR8F94
|
|
4
|
Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted
|
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 10 pence each
JE00B55Q3P39
|
|
b)
|
Nature of the transaction
|
Purchase of ordinary shares
|
|
c)
|
Price(s) and volumes(s)
|
£2.3465 per share
6,642
|
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
6,642
£2.3465 per share
|
|
e)
|
Date of the transaction
|
17 October 2018
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
-ends-
For further information, please contact:
|
Genel Energy
Andrew Benbow, Head of Communications
|
+44 20 7659 5100
|
|
|
|
|
Vigo Communications
Patrick d'Ancona
|
+44 20 7830 9700
|
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, LEI: 549300IVCJDWC3LR8F94). The Company, with headquarters in London and offices in Ankara and Erbil, is one of the largest London-listed independent oil producers, and is the largest holder of reserves and resources in the Kurdistan Region of Iraq. Through its Miran and Bina Bawi fields, the Company is positioned to be a cornerstone provider of KRI gas to Turkey under the KRI-Turkey Gas Sales Agreement. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.
