GENL Genel Energy

Genel Energy PLC: Director / PDMR Shareholding

Genel Energy PLC (GENL)
Genel Energy PLC: Director / PDMR Shareholding

06-Sep-2024 / 15:49 GMT/BST


 

6 September 2024

Genel Energy plc

 

NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
 

On 6 September 2024, Yetik K. Mert notified the Company that on 6 September 2024, he purchased 81,000 Ordinary Shares in Genel Energy plc at a price of £0.75495 per share.  Yetik K. Mert is an Independent Non-Executive Director of Genel Energy plc.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation provides further detail.

 

1

Details of the person discharging managerial responsibilities / person closely associated

  a)

Name

Yetik K. Mert

2

Reason for Notification

a)

Position/status

Independent Non-Executive Director

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)

£0.75495 per share

81,000

d)

Aggregated information

-Aggregated volume

-Price

 

 

81,000

£61,150.95

 

e)

Date of the transaction

6 September 2024

f)

Place of the transaction

London Stock Exchange

-ends-

 

For further information, please contact:

 

Genel Energy

Luke Clements

0

 

 

Vigo Consulting

Patrick d’Ancona 

0

 

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

 



Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN: JE00B55Q3P39, NO0010894330
Category Code: DSH
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
OAM Categories: 2.3. Major shareholding notifications
Sequence No.: 345413
EQS News ID: 1983617

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=1983617&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
06/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Genel Energy

Stephane Foucaud
  • Stephane Foucaud

AUCTUS ON FRIDAY - 06/12/2024

AUCTUS PUBLICATIONS ________________________________________ Chariot (CHAR LN)C; Target price of £0.08 per share: US$100 mm guarantees highlight the value of the South Africa energy trading business - British International Investment (BII) and GuarantCo have announced a US$100 mm guarantee finance facility for Etana Energy, the South African electricity trading platform which is owned and was co-founded by Chariot (49%) and H1 Holdings (51%). Etana is one of the few companies holding an electric...

 PRESS RELEASE

Genel Energy PLC: Update on arbitration regarding the Bina Bawi and Mi...

Genel Energy PLC (GENL) Genel Energy PLC: Update on arbitration regarding the Bina Bawi and Miran PSCs / Arbitration Award made in favour of Kurdistan Regional Government 02-Dec-2024 / 16:35 GMT/BST   2 December 2024   Genel Energy plc   Update on arbitration regarding the Bina Bawi and Miran PSCs / Arbitration Award made in favour of Kurdistan Regional Government   Genel Energy plc (‘Genel’) announces that it has today received a copy of the award (the ‘Award’) in respect of the London Court of International Arbitration claim brought by the Kurdistan Regional Government (‘...

Stephane Foucaud
  • Stephane Foucaud

AUCTUS ON FRIDAY - 15/11/2024

AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price of £0.70 per share: 1.9 mbbl/d at latest CN well. Water disposal infrastructure operational. High net cash – The fifth horizontal well at Carrizales Norte (CNB HZ-6) is producing 1.9 mbbl/d of oil (0.95 mbbl/d net to Arrow) with a water cut of 31%. The well reached TD ~ one month ago. After ~1 month of production, CNB HZ-1 and CNB HZ-3 were also producing >30% water with ~1 mbbl/d oil produ...

Daniel Slater
  • Daniel Slater

Genel Energy (GENL LN) - Q3 trading update - HOLD

Genel has released its Q3 trading statement, reporting ongoing cash flows from Tawke with production sold into the local market. These are covering costs and supporting the company’s net cash position as it continues to await a potential resumption of KRI oil exports, progress on its arbitration case, and potential acquisitions.

 PRESS RELEASE

Genel Energy PLC: Trading and operations update

Genel Energy PLC (GENL) Genel Energy PLC: Trading and operations update 12-Nov-2024 / 07:00 GMT/BST 12 November 2024   Genel Energy plc Trading and operations update   Genel Energy plc ('Genel' or 'the Company') issues the following trading and operations update in respect of the third quarter and first nine months of 2024.   Paul Weir, Chief Executive of Genel, said: “Since our half year results in August, we have continued optimising cash flows, evolving our capital structure and originating and maturing opportunities to acquire new assets that add reserves and diversify o...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch