Ithaca Energy PLC Directors'/PDMR Shareholdings (9403B)

TIDMITH TIDMTTM

RNS Number : 9403B

Ithaca Energy PLC

07 June 2023

7 June 2023

Ithaca Energy plc ("Ithaca Energy" or the "Company")

Directors'/PDMR Shareholdings

Share Incentive Plan

The Company was notified on 6 June 2023 that the following purchases of Ithaca Energy plc ordinary shares were made by Computershare Trustees Limited on 5 June 2023 on behalf of two of the Company's persons discharging managerial responsibilities ("PDMR") pursuant to the Company's Share Incentive Plan ("SIP").

The SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company using deductions from salary in each monthly pay period.

The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

 
 1.                Details of PDMR / PCA 
 (a)               Name                            1. Alan Bruce 
                                                    2. Gilad Myerson 
                  -------------------------  ----------------------------------------------- 
 (b)               Position /                      1. Chief Executive Officer 
                    status                          2. Executive Chairman 
                  -------------------------  ----------------------------------------------- 
 (c)               Initial notification              5 June 2023 
                    / amendment 
                  -------------------------  ----------------------------------------------- 
              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                     Ordinary Shares 
                    of the financial 
                    instrument 
                  -------------------------  ----------------------------------------------- 
 (b)               Nature of the              Purchase of ordinary shares under the Ithaca 
                    transaction                Energy plc Share Incentive Plan, held through 
                                               the SIP Trustee 
                  -------------------------  ----------------------------------------------- 
 (c)               Price(s) and                 Price(s)              Volume(s) 
                    volume(s)                         1. GBP1.48015         1. 101 
                                                       2. GBP1.48015         2. 101 
                                                                      ------------- 
                  -------------------------  ----------------------------------------------- 
 (d)               Aggregated 
                    information 
                     *    Aggregated volume 
 
 
                     *    Price 
                  -------------------------  ----------------------------------------------- 
                                                   1. 101 2. 101 
                                                    1. GBP1.48015 2. GBP1.48015 
                  -------------------------  ----------------------------------------------- 
 (e)               Date of the                 5 June 2023 
                    transaction 
                  -------------------------  ----------------------------------------------- 
 (f)               Place of the               London Stock Exchange- XLON 
                    transaction 
                  -------------------------  ----------------------------------------------- 
              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                Ordinary Shares 
                    of the financial 
                    instrument 
                  -------------------------  ----------------------------------------------- 
 (b)               Nature of the              Award of ordinary shares as Matching Shares 
                    transaction                under the Ithaca Energy plc Share Incentive 
                                               Plan, held through the SIP Trustee 
                  -------------------------  ----------------------------------------------- 
 (c)               Price(s) and                 Price(s)       Volume(s) 
                    volume(s)                         1. Nil         1. 202 
                                                       2. Nil         2. 202 
                                                               ------------- 
                  -------------------------  ----------------------------------------------- 
 (d)               Aggregated 
                    information 
                     *    Aggregated volume 
 
 
                     *    Price 
                  -------------------------  ----------------------------------------------- 
                                                   1. 202 2. 202 
                                                     1. Nil 2. Nil 
                  -------------------------  ----------------------------------------------- 
 (e)               Date of the                 5 June 2023 
                    transaction 
                  -------------------------  ----------------------------------------------- 
 (f)               Place of the               London Stock Exchange- XLON 
                    transaction 
                  -------------------------  ----------------------------------------------- 
 

Enquiries

 
 Ithaca Energy 
 Kathryn Reid - Head of Investor Relations,    [e-mail] 
  Corporate Affairs & Communications 
 
 FTI Consulting (PR Advisers to Ithaca 
  Energy)                                                [phone] 
 Ben Brewerton / Nick Hennis                        [e-mail] 
 
 

-ENDS-

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June 07, 2023 03:10 ET (07:10 GMT)