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Energean PLC

Director's Dealing Sep 11, 2023

5342_rns_2023-09-11_154ec99e-aa3b-4bd5-9f09-1cffe9f35fc1.pdf

Director's Dealing

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

DIRECTOR / PDMR Shareholding

London, 11 September 2023 - Notification of Transactions of Persons Discharging Managerial Responsibilities ("PDMR") in respect of the release of shares which vested on 6 September 2021 under the Company's Long Term Incentive Plan relating to the period 2018-2021 (the "LTIP") and that have been subject to a 2-year holding period. The release of shares for the LTIP includes dividend equivalent shares in respect of the interim dividends announced by the Company on 8 September 2022, 17 November 2022, 9 February 2023 and 18 May 2023 and paid on 30 September 2022, 30 December 2022, 30 March 2023 and 30 June 2023 respectively (the "Interim Dividends"), and the sale of sufficient shares to cover income tax and national insurance liabilities with the balance being retained as laid out in the table below:

Name No of Shares
Released
No of Shares
Sold
Sale Date Price of Shares
Sold
No of Shares
Retained
Mathios Rigas 213,035 13,656 2023-09-07 £11.366 199,379
Panos Benos 142,023 40,113 2023-09-07 £11.366 101,910
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Mathios Rigas
2 Reason for the notification
a) Position/status CEO
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 of 1p each
Identification Code GB00BG12Y042
b) Nature of the transaction (i)
Release of shares
under the LTIP;
(ii)
Release of dividend equivalent shares in respect of the
Interim Dividends; and
(iii)
Sale of shares to cover income tax and national
insurance liabilities.
c) Price(s) and volume(s) Price(s)
(i)
(ii)
(iii)
Nil
Nil
£11.366
Volume(s)
(i)
(ii)
(iii)
196,986
16,049
13,656
d) Aggregated information
-
Aggregated volume
-
Price
Release
213,035
Nil
Sale
13,656
£11.366
e) Date of the transaction 2023-09-07
f) Place of the transaction (i)
Outside a trading venue
(ii)
Outside a trading venue
(iii)
XLON

1 Details of the person discharging managerial responsibilities / person closely associated

a) Name Panos Benos
2 Reason for the notification
a) Position/status Chief Financial 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
Identification Code
Ordinary shares of 1p each
GB00BG12Y042
b) Nature of the transaction (i)
Release of shares
(ii)
Interim Dividends; and
(iii)
insurance liabilities.
under the LTIP;
Release of dividend equivalent shares in respect of the
Sale of shares to cover income tax and national
c) Price(s) and volume(s) Price(s)
(i)
Nil
Volume(s)
(i)
131,324
(ii)
Nil
(ii)
10,699
(iii)
£11.366
(iii)
40,113
d) Aggregated information
-
Aggregated volume
-
Price
Release
142,023
Nil
Sale
40,113
£11.366
e) Date of the transaction 2023-09-07
f) Place of the transaction (i)
Outside a trading venue
(ii)
Outside a trading venue
(iii)
XLON

Enquiries

For capital markets: [email protected]

Kate Sloan, Head of IR and M&A Tel: +44 7917 608 645

For media: [email protected]

Paddy Blewer, Head of Corporate Communications Tel: +44 7765 250 857

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