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Genel Energy — Director's Dealing 2020
Mar 25, 2020
10826_rns_2020-03-25_3c1e720b-d226-43ac-a067-ced2dca8ee70.pdf
Director's Dealing
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Genel Energy PLC (GENL) 24-March-2020 / 11:30 GMT/BST Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
24March 2020
NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
On 23 March 2020, Hassan Gozal nofied the Company that on 20 March 2020, Daax Corporaon FZE had purchased 200,000 Ordinary Shares in Genel Energy plcata price of £0.74 per share, and on 23March 2020 Daax Corporaon FZE had purchased 120,000 Ordinary Shares in Genel Energy plcat a price of £0.84 per share. Hassan Gozal is sole shareholder and Director of Daax Corporaon FZE, and is a Non-Execuve Director of Genel Energy plc.
The noficaon below is made in accordance with the requirements of the EUMarket Abuse Regulaon provides further detail.
| 1 | Details of the person discharging managerial responsibili'es / person closely associated | ||
|---|---|---|---|
| a) | Name | Daax Corporaon FZE | |
| 2 | Reason for No'fica'on | ||
| a) | Posion/status | Person closely associated to Hassan Gozal | |
| b) | Inial noficaon / Amendment | Inial noficaon | |
| 3 | Details of the issuers, emission allowance market par'cipant, auc'on pla1orm, auc'oneer or auc'on monitor | ||
| a) | Name | Genel Energy plc | |
| b) | LEI | 549300IVCJDWC3LR8F94 | |
| 4 | Details of the transac'on(s): sec'on to be replaced for (i) each type of instrument; (ii) each type of transac'on; (iii) each date (iv) each place where transac'on have been conducted |
||
| a) | Descripon of the financial instrument, type of instrument | Ordinary shares of 10 pence each | |
| Idenficaon code | JE00B55Q3P39 | ||
| b) | Nature of the transacon | Purchase of ordinary shares | |
| c) | Price(s) and volumes(s) | £0.74 per share 200,000 |
|
| Aggregated informaon | |||
| d) | -Aggregated volume -Price |
200,000 £148,000 |
|
| e) | Date of the transacon | 20 March 2020 | |
| f) | Place of the transacon | London Stock Exchange |
| 1 | Details of the person discharging managerial responsibili'es / person closely associated | ||
|---|---|---|---|
| a) | Name | Daax Corporaon FZE | |
| 2 | Reason for No'fica'on | ||
| a) | Posion/status | Person closely associated to Hassan Gozal | |
| b) | Inial noficaon / Amendment | Inial noficaon | |
| 3 | Details of the issuers, emission allowance market par'cipant, auc'on pla1orm, auc'oneer or auc'on monitor | ||
| a) | Name | Genel Energy plc | |
| b) | LEI | 549300IVCJDWC3LR8F94 | |
| 4 | Details of the transac'on(s): sec'on to be replaced for (i) each type of instrument; (ii) each type of transac'on; (iii) each date (iv) each place where transac'on have been conducted |
||
| a) | Descripon of the financial instrument, type of instrument | Ordinary shares of 10 pence each | |
| Idenficaon code | JE00B55Q3P39 | ||
| b) | Nature of the transacon | Purchase of ordinary shares | |
| c) | Price(s) and volumes(s) | 0.84 per share 120,000 |
| d) | Aggregated informaon -Aggregated volume -Price |
120,000 £100,800 |
|---|---|---|
| e) | Date of the transacon | 23 March 2020 |
| f) | Place of the transacon | London Stock Exchange |
-ends-
For further informaon, please contact:
| Genel Energy | +44 20 7659 5100 |
|---|---|
| Andrew Benbow, Head of Communicaons | |
| Vigo Communica'ons | +44 20 7830 9700 |
Notes to editors:
Genel Energy is an independent oil and gas exploraon and producon company listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). The Company, with headquarters in London and offices in Ankara and Erbil, is one of the largest Londonlisted independent oil producers, and is the largest holder of reserves and resources in the Kurdistan Region of Iraq. Genel has highly cashgenerave oil producon from the Taq Taq and Tawke licences, with material growth potenal from other assets in the porJolio. Genel also connues to pursue furthergrowth opportunies.For further informaon, please refer to www.genelenergy.com.
ISIN: JE00B55Q3P39 Category Code:DSH TIDM: GENL LEICode: 549300IVCJDWC3LR8F94 Sequence No.: 54262 EQS News ID: 1005305
End ofAnnouncementEQS News Service