Ithaca Energy PLC

Remuneration Information • Oct 16, 2024

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date: 2024-10-11 10:15:00+00:00

11 October 2024

Ithaca Energy plc

("Ithaca" or "the Company") 

Director / PDMR Shareholdings

Ithaca Energy plc (ITH) makes the following announcement in respect of certain disclosable transactions carried out by certain of its directors and persons discharging managerial responsibilities ("PDMRs") on 11 October 2024.

Grant of performance share awards to PDMRs

On 11 October 2024, the Company granted performance share awards ("Performance Share Awards") under the Ithaca Energy Long-Term Incentive Plan to the PDMRs listed below:

Each Performance Share Awards are granted in the form of a nil-cost option and which will become exercisable on 11 October 2027 (or, if later, the date on which the Remuneration Committee determines that the applicable performance conditions (described below) are met).

The Performance Share Awards are subject to a relative TSR performance condition.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

For further information, please contact:

PDMR	No. of shares under Restricted Share Award
Luciano Vasques	819,970

| Company:
Kathryn Reid - Head of Corporate Affairs & Communications

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kathryn.reid@ithacaenergy.com
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| FTI Consulting - PR Advisers to Ithaca Energy

Ben Brewerton / Nick Hennis

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+44 (0)203 727 1000

ithaca@fticonsulting.com

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1.	Details of the person discharging managerial responsibilities/ person closely associated	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Luciano Vasques
2.	Reason for the notification	Reason for the notification
a)	Position/status	CEO
b)	Initial notification/ Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Ithaca Energy plc
b)	LEI	21380057TNFLXPXBIP34
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument
Ordinary 1p shares

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| a) | Identification code | ISIN: GB00BPJHV584 |
| b) | Nature of the transaction | Grant of an award over ordinary shares pursuant to the Ithaca Energy Long Term Incentive Plan
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| c) | Price(s) and volume(s)
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| d) | Aggregated information |  Not applicable – single transaction |
| e) | Date of the transaction | 11 October 2024 |
| f) | Place of the transaction | Outside a trading venue |