CAPRICORN ENERGY PLC

Director's Dealing • Apr 19, 2022

National Storage Mechanism | Additional information

RNS Number : 6433I

Capricorn Energy PLC

19 April 2022

FOR IMMEDIATE RELEASE                                                                                       19 April 2022

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

Interests of Directors / Persons Discharging Managerial Responsibility ("PDMRs")

in the Company's Shares

1.  Award of Free Shares under the Company's 2010 Share Incentive Plan

Capricorn announces that, on 14 April 2022, it made its annual awards of up to £3,600 worth of ordinary shares of 21/13 pence each in the Company ("Ordinary Shares") to eligible employees under the "Free Share" element of the Company's HMRC approved all-employee Share Incentive Plan established in April 2010 (the "SIP").  No consideration was paid for the grant of these awards. 

Details of the Executive Directors and PDMRs who participated in the award, having complied with the eligibility criteria in terms of the rules of the SIP, are as follows:

Executive Director / PDMR	Number of Free Shares Awarded
Simon Thomson, Chief Executive	1,830
James Smith, Chief Financial Officer	1,830
Eric Hathon, Director of Exploration	1,830
Paul Mayland, Chief Operating Officer	1,830

The above awards were based on an Ordinary Share price of £1.967, being the closing price of a Capricorn share on 13 April 2022. The Ordinary Shares awarded to participants in the SIP were existing shares previously purchased in the market.  In accordance with the rules of the SIP, its Trustee will normally hold these Ordinary Shares on behalf of the relevant individuals throughout a holding period of five years from the date of award.

2. Summary of current holdings of Executive Directors / PDMRs

Following this announcement, the Executive Directors' and PDMRs' beneficial interests in the Shares of the Company are as follows:

Executive Director / PDMR	Previous Shares	Current Shares	% Issued Share Capital	Outstanding entitlements under 2009 and 2017 LTIPs
Unvested Awards still subject to performance conditions	Vested but unexercised Awards*
Simon Thomson	698,759	700,589	0.216	2,488,956	1,136,751
James Smith	27,433	29,263	0.009	1,618,831	739,349
Eric Hathon	47,496	49,326	0.015	1,333,525	609,044
Paul Mayland	45,464	47,294	0.015	1,382,912	635,640

* This column includes all outstanding Awards that have vested following the expiry of the applicable performance period, regardless of whether or not they are currently capable of being exercised under the rules of the applicable LTIP.

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 (the Market Abuse Regulation).

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Simon Thomson

2

Reason for the notification

a)

Position/status

Chief Executive

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Capricorn Energy PLC

b)

LEI

213800ZJEUQ8ZOC9AL24

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

Ordinary shares of 21/13 pence each

Identification code

GB00BN0SMB92

b)

Nature of the transaction

Free shares awarded under the Company's all-employee Share Incentive Plan (2010)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.967	1,830

d)

Aggregated information

-   Aggregated volume

-   Price

-     Not applicable

e)

Date of the transaction

2022-04-14

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

James Smith

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Capricorn Energy PLC

b)

LEI

213800ZJEUQ8ZOC9AL24

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

Ordinary shares of 21/13 pence each

Identification code

GB00BN0SMB92

b)

Nature of the transaction

Free shares awarded under the Company's all-employee Share Incentive Plan (2010)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.967	1,830

d)

Aggregated information

-   Aggregated volume

-   Price

-     Not applicable

e)

Date of the transaction

2022-04-14

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Eric Hathon

2

Reason for the notification

a)

Position/status

Exploration Director

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Capricorn Energy PLC

b)

LEI

213800ZJEUQ8ZOC9AL24

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

Ordinary shares of 21/13 pence each

Identification code

GB00BN0SMB92

b)

Nature of the transaction

Free shares awarded under the Company's all-employee Share Incentive Plan (2010)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.967	1,830

d)

Aggregated information

-   Aggregated volume

-   Price

-     Not applicable

e)

Date of the transaction

2022-04-14

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Mayland

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Capricorn Energy PLC

b)

LEI

213800ZJEUQ8ZOC9AL24

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

Ordinary shares of 21/13 pence each

Identification code

GB00BN0SMB92

b)

Nature of the transaction

Free shares awarded under the Company's all-employee Share Incentive Plan (2010)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.967	1,830

d)

Aggregated information

-   Aggregated volume

-   Price

-     Not applicable

e)

Date of the transaction

2022-04-14

f)

Place of the transaction

London Stock Exchange

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