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Energean PLC

Director's Dealing Jun 24, 2022

5342_rns_2022-06-24_0fd8170c-04a0-4e05-ab86-a826f72a0d65.pdf

Director's Dealing

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Energean plc ("Energean" or the "Company")

DIRECTOR / PDMR Shareholding

London, 24 June 2022 – Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMRs")

The Company notes that Growthy Holdings Co. Limited ("Growthy Holdings"), a holding company owned by Mathios Rigas, has notified the Company that it has sold 5,000,000 ordinary shares it owns in Energean (the "Shares") (the "Sale"), representing approximately 2.8 per cent. of the Company's existing issued share capital. The Sale was effected through an accelerated book-built offering of the Shares to institutional investors.

Mr Rigas remains fully committed to the business and is confident in the outlook for Energean. Following completion of the Sale, Mr Rigas will remain a significant shareholder in Energean owning (directly or indirectly) approximately 15 million shares of the Company, representing approximately 8.5% of the Company's issued share capital.

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) LEI 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
Ordinary shares on 1 pence each
ISIN GB00BG12Y042
b) Nature of the transaction Growthy Holdings Co. Limited, a holding company owned by Mathios
Rigas, sold ordinary shares in Energean plc by way of an accelerated
book-built offering of the ordinary shares to institutional investors
c) Price(s) and volume(s) Price(s) Volume(s)
GBP 11.06 5,000,000
d) Aggregated information N/A
- Aggregated volume - Price
e) Date of the transaction 23 June 2022
f) Place of the transaction London Stock Exchange (XLON)

Enquiries

For capital markets: [email protected]
Maria Martin, Head of Corporate Finance Tel: +44 7917 573 354
For media: [email protected]
Paddy Blewer, Head of Corporate Communications Tel: +44 7765 250 857

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