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Genel Energy — Director's Dealing 2020
Mar 26, 2020
10826_rns_2020-03-26_fb278b54-a1d9-4e98-9854-80e19c1d13da.pdf
Director's Dealing
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Genel Energy PLC (GENL) 26-March-2020 / 08:30 GMT/BST Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
26March 2020
NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
On 25March 2020, ÜmitTolga Bilgin nofied the Company that on 24March 2020, Bilgin Grup Doğalgaz A.Ş. had purchased 5,691 Ordinary Shares in Genel Energy plc at a price of £0.82 per share. Ümit Tolga Bilgin is Vice-Chairman of Bilgin Grup Doğalgaz A.Ş., 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 | Bilgin Grup Doğalgaz A.Ş. | |
| 2 | Reason for No'fica'on | ||
| a) | Posion/status | Person closely associated to ÜmitTolga Bilgin | |
| 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) | £0.82 per share 5,691 |
|
| Aggregated informaon | |||
| d) | -Aggregated volume -Price |
5,691 £4,666.62 |
|
| e) | Date of the transacon | 24 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 Patrick d'Ancona +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 porLolio. Genel also connues to pursue furthergrowth opportunies.For further informaon, please refer to www.genelenergy.com.
LEICode: 549300IVCJDWC3LR8F94 Sequence No.: 54752 EQS News ID: 1007699
End ofAnnouncementEQS News Service