Essar Energy plc Annex DTR3 (1145H)

TIDMESSR

RNS Number : 1145H

Essar Energy plc

14 May 2014

Annex DTR3

Notification ofTransactions of Directors/Persons Discharging

Managerial Responsibility and Connected Persons

Please complete all relevant boxes should in block capital letters.

 
 
                                                             State whether the notification 
                                                             relates to (i) a transaction 
                                                             notified in accordance with 
                                                             DTR 
                                                             3.1.2 R, (ii) a disclosure 
                                                             made in accordance with section 
                                                             793 of the Companies Act 2006, 
                                                             or (iii) in accordance with 
                                                             paragraph 26 of the Model Code 
           Name of the issuer 
                                                             (i) A transaction in accordance 
   1.      ESSAR ENERGY PLC                         2.       with DTR 3.1.2R 
------  ---------------------------------------  ------  --------------------------------------------------- 
 
   3.      Name of person discharging               4.      State whether notification 
           managerial responsibilities/director             relates to a 
                                                            person connected with a person 
           Prashant Ruia and Ravi Ruia                      discharging managerial responsibilities/director 
                                                            named 
                                                            in 3 and identify the connected 
                                                            person 
 
                                                            Essar BIDCO HOLDINGS limited 
------  ---------------------------------------  ------  --------------------------------------------------- 
 
           Indicate whether the notification                Description of shares (including 
           is in respect of a holding                       class), debentures or derivatives 
           of the person referred to                        or financial instruments relating 
           in 3 or 4 above or in respect                    to shares 
           of a non-beneficial interest1 
                                                            ORDINARY SHARES of 5p EACH 
   5.      HOLDING                                  6.      IN THE CAPITAL OF ESSAR ENERGY 
------  ---------------------------------------  ------  --------------------------------------------------- 
 
           Name of registered shareholders(s) 
           and, if more than one, the 
           number of shares held by                         State the nature of the transaction 
           each of them 
                                                            ACCEPTANCES UNDER OFFER FOR 
   7.      Essar BIDCO HOLDINGS limited             8       ORDINARY SHARES IN ESSAR ENERGY 
------  ---------------------------------------  ------  --------------------------------------------------- 
 
                                                            Percentage of issued class 
                                                            acquired (treasury shares of 
           Number of shares, debentures                     that class should not be taken 
           or financial instruments                         into account when calculating 
           relating to shares acquired                      percentage) 
 
   9.      N/A                                      10.     N/A 
------  ---------------------------------------  ------  --------------------------------------------------- 
 
                                                            Percentage of issued class 
                                                            disposed (treasury shares of 
           Number of shares, debentures                     that class should not be taken 
           or financial instruments                         into account when calculating 
           relating to shares disposed                      percentage) 
 
   11.     108,048,246 ORDINARY SHARES              12.     8.29% 
------  ---------------------------------------  ------  --------------------------------------------------- 
 
          Price per share or value 
          of transaction                                    Date and place of transaction 
          70 PENCE PER ORDINARY SHARE 
   13.    IN ESSAR ENERGY                           14.     9 MAY 2014 
------  ---------------------------------------  ------  --------------------------------------------------- 
 
           Total holding following notification 
           and total percentage holding 
           following notification (any 
           treasury shares should not 
           be taken into account when 
           calculating percentage)                          Date issuer informed of transaction 
 
 15.       108,048,246 SHARES                       16.     13 MAY 2014 
------  ---------------------------------------  ------  --------------------------------------------------- 
 

If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes

 
 
                                                       Period during which or date 
   17      Date of grant                       18.     on which exercisable 
------  ----------------------------------  ------  -------------------------------------- 
 
           Total amount paid (if any)                  Description of shares or debentures 
   19.     for grant of the option             20.     involved (class and number) 
------  ----------------------------------  ------  -------------------------------------- 
 
           Exercise price (if fixed 
           at time of grant) or indication             Total number of shares or 
           that price is to be fixed                   debentures over which options 
   21.     at the time of exercise             22.     held following notification 
------  ----------------------------------  ------  -------------------------------------- 
 
                                                       Name of contact and telephone 
   23.     Any additional information          24.     number for queries 
------  ----------------------------------  ------  -------------------------------------- 
 

Name of authorised officer of issuer responsible for making notification

FRANCES MCCAW

Date of notification 13 MAY 2014

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6,8, 9, 11, 13, 14, 16, 23 and

24.

This information is provided by RNS

The company news service from the London Stock Exchange

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