Genel Energy — Director's Dealing 2017

May 12, 2017

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RNS Number : 9310E

Genel Energy PLC

12 May 2017

12 May 2017

Genel Energy plc (the Company)

2017 Awards - Notification of Transactions by

Persons Discharging Managerial Responsibilities (PDMRs)

Pursuant to the notification obligations under EU Market Abuse Regulations Article 19.1 the Company granted awards over its ordinary shares of 10 pence each under the Performance Share Plan (PSP) on 10 May 2017 to PDMRs as set out below.

PSP awards granted to PDMRs in the UK were made in the form of nil-cost options, which become exercisable following the end of a three year performance period, subject to the satisfaction of performance targets. Options are then exercisable until the tenth anniversary of the date of grant.

PSP awards granted to PDMRs in Turkey were made in the form of a nil-cost conditional share award, and the shares comprised in it will be transferred following the end of a three year performance period, subject to the satisfaction of performance targets.

The PSP performance period will run from 10 May 2017 to 9 May 2020.

Following vesting, shares are subject to the Company's retention policy.

PSP Awards

Name	No. of shares subject to PSP Award	Total number of shares over which options/awards are held following notification
Murat Özgül	1,163,151	2,888,787
Ben Monaghan	747,766	1,604,672
Pars Kutay	539,825	1,207,020
Paul Schofield	328,026	597,590

Name of person making notification: Sarah Robertson

Contact number: +44 20 7659 5118

Date of notification: 12 May 2017 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Murat Ozgul

2

Reason for Notification

a)

Position/status

CEO

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

Genel Energy plc

b)

LEI

549300IVCJDWC3LR8F94

4

Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 10 pence each

JE00B55Q3P39

b)

Nature of the transaction

Grant of a nil-cost contingent share award under the Company's performance share plan

c)

Price(s) and volumes(s)

Price	Volume
Nil	1,163,151

d)

Aggregated information

-Aggregated volume

-Price

1,163,151

Nil

e)

Date of the transaction

10 May 2017

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ben Monaghan

2

Reason for Notification

a)

Position/status

CFO

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

Genel Energy plc

b)

LEI

549300IVCJDWC3LR8F94

4

Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 10 pence each

JE00B55Q3P39

b)

Nature of the transaction

Grant of a nil-cost options under the Company's performance share plan

c)

Price(s) and volumes(s)

Price	Volume
Nil	747,766

d)

Aggregated information

-Aggregated volume

-Price

747,766

Nil

e)

Date of the transaction

10 May 2017

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Pars Kutay

2

Reason for Notification

a)

Position/status

Head of Government & Public Affairs

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

Genel Energy plc

b)

LEI

549300IVCJDWC3LR8F94

4

Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 10 pence each

JE00B55Q3P39

b)

Nature of the transaction

Grant of a nil-cost contingent share award under the Company's performance share plan

c)

Price(s) and volumes(s)

Price	Volume
Nil	539,825

d)

Aggregated information

-Aggregated volume

-Price

539,825

Nil

e)

Date of the transaction

10 May 2017

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Schofield

2

Reason for Notification

a)

Position/status

Chief Operating Officer

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

Genel Energy plc

b)

LEI

549300IVCJDWC3LR8F94

4

Details of the transaction(s): section to be replaced for (i) each type of instrument; (ii) each type of transaction; (iii) each date (iv) each place where transaction have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 10 pence each

JE00B55Q3P39

b)

Nature of the transaction

Grant of a nil-cost contingent share award under the Company's performance share plan

c)

Price(s) and volumes(s)

Price	Volume
Nil	597,590

d)

Aggregated information

-Aggregated volume

-Price

597,590

Nil

e)

Date of the transaction

10 May 2017

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

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