CAPRICORN ENERGY PLC

Remuneration Information • Sep 22, 2023

National Storage Mechanism | Additional information

RNS Number : 3856N

Capricorn Energy PLC

22 September 2023

FOR IMMEDIATE RELEASE                                                                              22 September 2023

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 22 September 2023, it made its annual awards of up to £3,600 worth of ordinary shares of 490/143 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 Director and PDMR 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
Randy Neely, Chief Executive	2,095
Nathan Piper, Commercial Director	2,095

The above awards were based on an Ordinary Share price of £1.718, being the closing price of a Capricorn share on 21 September 2023. 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 Director's and PDMR's beneficial interests in the Ordinary Shares of the Company are as follows:

Executive Director / PDMR	Previous Shares	Current Shares	% Issued Share Capital	Outstanding entitlements under 2017 LTIP
Unvested Awards still subject to performance conditions	Vested but unexercised Awards*
Randy Neely	0	2,095	0.001	538,502	0
Nathan Piper	0	2,095	0.001	107,700	0

* 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 2017 LTIP.

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Randy Neely

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 490/143 pence each

Identification code

GB00BQ98V038

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)
£0	2,095

d)

Aggregated information

-   Aggregated volume

-   Price

-     Not applicable

e)

Date of the transaction

2023-09-22

f)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nathan Piper

2

Reason for the notification

a)

Position/status

Commercial 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 490/143 pence each

Identification code

GB00BQ98V038

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)
£0	2,095

d)

Aggregated information

-   Aggregated volume

-   Price

-     Not applicable

e)

Date of the transaction

2023-09-22

f)

Place of the transaction

London Stock Exchange

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