13 Dec 2022 18:05
Energean plc
("Energean" or the "Company")
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DIRECTOR / PDMR Shareholding
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London, 13 December 2022 - Notification of Transactions of Persons Discharging Managerial Responsibilities in respect of grant of awards under the Company's Long-Term Incentive Plan ("LTIP").
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Following the Company reaching first gas from the Company's Karish field as announced on 26 October 2022, an adjustment has been made to Mr Mathios Rigas' base salary, together with a corresponding further grant of awards under the Company's LTIP, as further detailed below.
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1 |  Details of the person discharging managerial responsibilities / person closely associated  | |||||
a) | Name | Mathios Rigas | ||||
2 |  Reason for the notification  | |||||
a) |  Position/status  | Chief Executive Officer | ||||
b) |  Initial notification /Amendment  | Initial Notification | ||||
3 |  Details of the issuer  | |||||
a) |  Name  | Energean plc | ||||
b) | Â LEI Â | 549300RVMKU0CYUZBB05 | ||||
4 |  Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted  | |||||
a) |  Description of the financial instrument, type of instrument  Identification Code  |  Ordinary shares of 1p each   GB00BG12Y042  | ||||
b) | Nature of the transaction | Grant of conditional award over shares under the Energean Plc Long Term Incentive Plan. The award is subject to a performance period ending on 31 December 2024, and will be subject to a further two year holding period.  The award will carry a corresponding conditional entitlement to dividend equivalents, in the form of additional shares, in respect of the interim dividend announced by the Company on 8 September 2022 and paid on 30 September 2022, and any future dividends paid during the performance period and the holding period up to the relevant release date. | ||||
c) | Price(s) and volume(s) |
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d) |  Aggregated information - Aggregated volume - Price  | n/a | ||||
e) | Date of the transaction | Â 9 December 2022
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f) | Place of the transaction | Â Outside a trading venue. Â |
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Enquiries
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For capital markets: ir@energean.com
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Kate Sloan, Head of IR and ECM Tel: +44 7917 608 645
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For media: pblewer@energean.com
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Paddy Blewer, Head of Corporate Communications Tel: +44 7765 250 857
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