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HBR Harbour Energy Plc

263.60
7.70 (3.01%)
17 Sep 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Harbour Energy Plc LSE:HBR London Ordinary Share GB00BMBVGQ36 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.70 3.01% 263.60 265.00 265.20 266.10 256.90 257.90 1,677,808 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Harbour Energy PLC Director/PDMR Shareholding (0085E)

02/07/2021 4:30pm

UK Regulatory


Harbour Energy (LSE:HBR)
Historical Stock Chart


From Sep 2019 to Sep 2024

Click Here for more Harbour Energy Charts.

TIDMHBR

RNS Number : 0085E

Harbour Energy PLC

02 July 2021

Harbour Energy plc

(the "Company" or "Harbour")

Grant of Awards under the Company's 2017 Long Term Incentive Plan ("2017 LTIP")

On 30 June 2021, Performance Share Awards (the "Awards") were granted to the Executive Directors named below under the 2017 LTIP, which was amended with the approval of shareholders at the Company's 2021 Annual General Meeting and forms part of the Company's 2021 Remuneration Policy. The Awards have been granted in the form of contingent share awards over ordinary shares in the Company and the Awards will only vest if certain performance targets are met over a three-year performance period from 1 January 2021 to 31 December 2023 (the "Performance Period").

The performance target for the Awards is based on two equally weighted measures: the Company's Total Shareholder Return ("TSR") compared to the FTSE 100 (excluding investment trusts) and relative TSR compared to a bespoke group of comparators. Further details regarding these Awards and their performance conditions are set out in the 2021 Notice of Annual General Meeting, available on the Company's website.

Subject to the achievement of the performance target and the Remuneration Committee's assessment of overall Company performance, the Awards will normally vest on 30 June 2024, being three years from the date of grant. The Executive Directors will then be required to hold the shares (on an after-tax basis) until the fifth anniversary of the date of grant. The Awards are also subject to malus and clawback provisions under the 2017 LTIP.

The Awards were calculated using the average of the mid-market closing prices for the five dealing days preceding the award date (on a post-consolidation basis).

 
  Director          Percentage   Shares awarded   Award price   Date of award 
                     of salary 
                     awarded 
 Linda Z. Cook         300%         674,103        GBP3.7828    30 June 2021 
                   -----------  ---------------  ------------  -------------- 
 Phil Kirk             250%         396,531        GBP3.7828    30 June 2021 
                   -----------  ---------------  ------------  -------------- 
 Alexander Krane       250%         346,965        GBP3.7828    30 June 2021 
                   -----------  ---------------  ------------  -------------- 
 

Enquiries

Harbour Energy plc Tel: 020 7730 1111

Elizabeth Brooks, Head of Investor Relations

Rachel Rickard, Company Secretary

The information set out below is provided in accordance with the requirements of Article 19(3) of MAR.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                       Linda Z. Cook 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Executive Officer 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Harbour Energy plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800YPC42DYBKVPF97 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    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, type of          Ordinary shares of 0.002 pence each 
      instrument 
      Identification code                                        GB00BMBVGQ36 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of Performance Share Awards under the Harbour 
                                                                Energy 2017 Long Term Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                                Price(s)    Volume(s) 
                                                                             GBP0.00      674,103 
                                                                                        ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume               674,103 
        -   Price                                                 GBP0.00 
           ------------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2021-06-30 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                       Phil Kirk 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           President and CEO Europe 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Harbour Energy plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800YPC42DYBKVPF97 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    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, type of          Ordinary shares of 0.002 pence each 
      instrument 
      Identification code                                        GB00BMBVGQ36 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of Performance Share Awards under the Harbour 
                                                                Energy 2017 Long Term Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                                Price(s)    Volume(s) 
                                                                             GBP0.00     396,531 
                                                                                        ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume               396,531 
        -   Price                                                 GBP0.00 
           ------------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2021-06-30 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                       Alexander Krane 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Financial Officer 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Harbour Energy plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800YPC42DYBKVPF97 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    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, type of          Ordinary shares of 0.002 pence each 
      instrument 
      Identification code                                        GB00BMBVGQ36 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of Performance Share Awards under the Harbour 
                                                                Energy 2017 Long Term Incentive Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                                Price(s)    Volume(s) 
                                                                             GBP0.00     346,965 
                                                                                        ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume               346,965 
        -   Price                                                 GBP0.00 
           ------------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2021-06-30 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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July 02, 2021 11:30 ET (15:30 GMT)

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