GENL Genel Energy

Genel Energy PLC: Director/PDMR Shareholding

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

18-Oct-2023 / 11:00 GMT/BST

 

18 October 2023

Genel Energy plc

 

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

On 18 October 2023, Ümit Tolga Bilgin notified the Company that on 17 October 2023, Bilgin Grup Doğalgaz A.Ş. purchased 2,976,747 Ordinary Shares in Genel Energy plc at a price of £0.83 per share.  Ümit Tolga Bilgin is Vice-Chairman of Bilgin Grup Doğalgaz A.Ş., and is a Non-Executive Director of Genel Energy plc.

On 18 October 2023, Yetik K. Mert notified the Company that on 17 October 2023, he purchased 107,000 Ordinary Shares in Genel Energy plc at a price of £0.8577 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

Bilgin Grup Doğalgaz A.Ş.

2

Reason for Notification

a)

Position/status

Person closely associated to Ümit Tolga Bilgin

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)

£0.83 per share

2,976,747

d)

Aggregated information

-Aggregated volume

-Price

 

 

2,976,747

£2,470,700

 

e)

Date of the transaction

17 October 2023

f)

Place of the transaction

London Stock Exchange

 

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)

£0.8577 per share

107,000

d)

Aggregated information

-Aggregated volume

-Price

 

 

107,000

£91,773.90

 

e)

Date of the transaction

17 October 2023

f)

Place of the transaction

London Stock Exchange

-ends-

 

For further information, please contact:

 

Genel Energy

Andrew Benbow, Head of Communications

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), 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 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: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 278992
EQS News ID: 1751913

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=1751913&application_name=news&site_id=research_pool
EN
18/10/2023

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