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ENQUEST PLC Remuneration Information 2017

Sep 13, 2017

4882_dirs_2017-09-13_9d8787ac-5716-4e67-b9dc-4e0f2980ad2a.html

Remuneration Information

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National Storage Mechanism | Additional information

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RNS Number : 6732Q

EnQuest PLC

13 September 2017

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Amjad Bseisu
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 EnQuest PLC
b) LEI 2138008LJU6WFQWOXJ73
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 £0.05 ordinary shares
Identification code GB00B635TG28
b) Nature of the transaction Grants

1.   2017 PSP Award. The Award will vest on 12 September 2020.

2.   2017 Executive Director Deferred Bonus Share Award. The Award will vest on 21 April 2019.

Vesting and subsequent sale for tax

3.   2015 Executive Director Deferred Bonus Share Award. Of the 242,365 shares vesting:

i)          125,082 were sold for tax

ii)          117,283 were retained.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. n/a 4,134,615
2. n/a 407,950
3.i) £0.25111842 125,082
ii) £0.25111842 117,283
d) Aggregated information

- Aggregated volume

- Price
As per 4(c) above

1. n/a

2. n/a

3. i) £31,410.39

    ii) £29,451.91
e) Date of the transaction 8-12 September 2017
f) Place of the transaction London Stock Exchange (XLON)
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Jonathan Swinney
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 EnQuest PLC
b) LEI 2138008LJU6WFQWOXJ73
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 £0.05 ordinary shares

GB00B635TG28
Identification code
b) Nature of the transaction Grants

1.   2017 PSP Award. The Award will vest on 12 September 2020.

2.   2017 Executive Director Defered Bonus Share Award. The Award will vest on 21 April 2019.

Vesting and subsequent sale for tax

3.   2015 Executive Director Deferred Bonus Share Award. Of the 234,647 shares vesting:

i)          121,102 were sold for tax

ii)          113,545 were retained.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. n/a 2,692,307
2. n/a 371,896
3.i) £0.25111842 121,102
ii) £0.25111842 113,545
d) Aggregated information:

- Aggregated volume

- Price
As per 4(c) above

1. n/a

2. n/a

3.i) £30,410.94

3.ii) £28,513.23
e) Date of the transaction 8-12 September 2017
f) Place of the transaction London Stock Exchange (XLON)

Ends

For further information please contact:

EnQuest PLC                                                                                                                  Tel: +44 (0)20 7925 4900

Stefan Ricketts    

Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

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