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Ithaca Energy PLC — Director's Dealing 2023
May 19, 2023
5355_rpt_2023-05-19_4ad12d45-0c84-482f-96d1-cbe6ff93262f.html
Director's Dealing
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RNS Number : 9526Z
Ithaca Energy PLC
19 May 2023
For immediate release
19 May 2023
Ithaca Energy plc (the "Company")
PDMR and PCA Notification
Ithaca Energy plc (LSE: ITH) (Ithaca Energy, or the Company) announces that it was notified on 17th May 2023 that DKL Energy Limited (on behalf of Delek Group Limited ("DGL")) transferred shares to a new custody account. DGL is, a person closely associated with a PDMR, Mr Idan Wallace, a Non-Executive Director of the Company.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.
1.
Details of PDMR / PCA
(a)
Name
DKL Energy Limited on behalf of Delek Group Limited
(b)
Position / status
PCA: Delek Group Limited
PDMR Idan Wallace (a Non-Executive Director of the Company)
(c)
Initial notification / amendment
Initial notification
2.
Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
Ithaca Energy plc
(b)
LEI
21380057TNFLXPXBIP34
3.
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
Ordinary Shares
(b)
Nature of the transaction
Transfer to a new custody account under a Pledge Agreement in relation to a series of Israeli Bonds issued by Delek Group in 22/1/2023.
This transfer to a custody account results in no changes to the beneficial owner of the Ordinary Shares.
(c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Free of payment | 231,790,833 |
(d)
Aggregated information
Not applicable (single transaction)
- Aggregated volume
- Price
231,790,833
(e)
Date of the transaction
17/05/2023
(f)
Place of the transaction
Outside of trading venue
Enquiries
Ithaca Energy
Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications - [email protected]
FTI Consulting (PR Advisers to Ithaca Energy)
Ben Brewerton / Nick Hennis - +44 (0)203 727 1000 or [email protected]
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