The following amendment has been made to the 'NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES' announcement released on 22 June 2020 at 12:00pm under EQS News ID: 1075271.
The number of shares was incorrectly stated as 573,779 and should have read 417,710. This amendment is now reflected in the text shown below.
All other details remain unchanged.
22 June 2020
Genel Energy plc (the Company)
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
a)
|
Name
|
Pars Kutay
|
2
|
Reason for Notification
|
a)
|
Position/status
|
Head of Government & Public Affairs
|
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
|
- Vesting of contingent share award granted under the restricted share plan
- Vesting of contingent share award granted under the performance share plan
|
c)
|
Price(s) and volumes(s)
|
- Nil cost
42,395 shares
- Nil cost
417,710 shares
|
d)
|
Aggregated information
-Aggregated volume
-Price
|
460,105
N/A
|
e)
|
Date of the transaction
|
19 June 2020
|
f)
|
Place of the transaction
|
Outside of trading venue
|
-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 a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company is one of the largest London-listed independent hydrocarbon producers, with an asset portfolio that positions us well for a future of fewer and better natural resources projects. Genel has low-cost and low-carbon production from the Taq Taq and Tawke licences in the Kurdistan Region of Iraq, providing financial resilience that allows investment in growth and the payment of a material and sustainable dividend, even at a low oil price. Genel also continues to pursue further growth opportunities. For further information, please refer to www.genelenergy.com.