Genel Energy PLC: Director/PDMR Shareholding (1010167)

 
 Genel Energy PLC (GENL) 
Genel Energy PLC: Director/PDMR Shareholding 
 
30-March-2020 / 09:15 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
30 March 2020 
 
  NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY 
     ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES 
 
    On 27 March 2020, Ümit Tolga Bilgin notified the Company that on 26 
  March 2020, Bilgin Grup Dogalgaz A.S. had purchased 70,761 Ordinary Shares 
      in Genel Energy plc at a price of GBP1.008856 per share, and on 27 March 
    Bilgin Grup Dogalgaz A.S. had purchased 156,981 Ordinary Shares in Genel 
     Energy plc at a price of GBP0.898799 per share. Ümit Tolga Bilgin is 
 Vice-Chairman of Bilgin Grup Dogalgaz A.S., and is a Non-Executive Director 
           of Genel Energy plc. 
 
The notification below is made in accordance with the requirements of the EU 
           Market Abuse Regulation provides further detail. 
 
1  Details of the person discharging managerial 
   responsibilities / person closely associated 
a) Name                           Bilgin Grup Dogalgaz A.S. 
2  Reason for Notification 
a) Position/status                Person closely associated to 
                                  Ümit Tolga Bilgin 
b) Initial notification /         Initial notification 
   Amendment 
3  Details of the issuers, emission allowance market 
   participant, auction platform, auctioneer or auction monitor 
a) Name                           Genel Energy plc 
b) LEI                            549300IVCJDWC3LR8F94 
4  Details of the transaction(s): section to be replaced for 
   (i) each type of instrument; (ii) each type of transaction; 
   (iii) each date (iv) each place where transaction have been 
   conducted 
a) Description of the financial   Ordinary shares of 10 pence 
   instrument, type of instrument each 
 
   Identification code 
 
                                  JE00B55Q3P39 
b) Nature of the transaction      Purchase of ordinary shares 
 
c) Price(s) and volumes(s)        GBP1.008856 per share 
 
                                  70,761 
d) Aggregated information 
 
   -Aggregated volume 
 
                                  70,761 
 
   -Price 
 
                                  GBP71,387.66 
 
e) Date of the transaction        26 March 2020 
f) Place of the transaction       London Stock Exchange 
 
1   Details of the person discharging managerial 
    responsibilities / person closely associated 
a)  Name                          Bilgin Grup Dogalgaz A.S. 
2   Reason for Notification 
a)  Position/status               Person closely associated to 
                                  Ümit Tolga Bilgin 
b)  Initial notification /        Initial notification 
    Amendment 
3   Details of the issuers, emission allowance market 
    participant, auction platform, auctioneer or auction 
    monitor 
a)  Name                          Genel Energy plc 
b)  LEI                           549300IVCJDWC3LR8F94 
4   Details of the transaction(s): section to be replaced for 
    (i) each type of instrument; (ii) each type of 
    transaction; (iii) each date (iv) each place where 
    transaction have been conducted 
a)  Description of the financial  Ordinary shares of 10 pence 
    instrument, type of           each 
    instrument 
 
    Identification code 
 
                                  JE00B55Q3P39 
b)  Nature of the transaction     Purchase of ordinary shares 
 
c)  Price(s) and volumes(s)       GBP0.898799 per share 
 
                                  156,981 
d)  Aggregated information 
 
    -Aggregated volume 
 
                                  156,981 
 
    -Price 
 
                                  GBP141,094.37 
 
e)  Date of the transaction       27 March 2020 
f)  Place of the transaction      London Stock Exchange 
 
     -ends- 
 
           For further information, please contact: 
 
Genel Energy                          [phone] 
 
Andrew Benbow, Head of Communications 
 
Vigo Communications                   [phone] 
 
Patrick d'Ancona 
 
           Notes to editors: 
 
       Genel Energy is an independent oil and gas exploration and production 
  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 London-listed independent 
   oil producers, and is the largest holder of reserves and resources in the 
   Kurdistan Region of Iraq. Genel has highly cash-generative oil production 
    from the Taq Taq and Tawke licences, with material growth potential from 
other assets in the portfolio. Genel also continues to pursue further growth 
 opportunities. For further information, please refer to www.genelenergy.com 
           [1]. 
 
ISIN:          JE00B55Q3P39 
Category Code: DSH 
TIDM:          GENL 
LEI Code:      549300IVCJDWC3LR8F94 
Sequence No.:  55324 
EQS News ID:   1010167 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=3ec46b352f38452116096dbbab51b09e&application_id=1010167&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

March 30, 2020 04:15 ET (08:15 GMT)