TIDMITH TIDMTTM

RNS Number : 4367Z

Ithaca Energy PLC

11 January 2024

11 January 2024

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

Directors'/PDMR Shareholdings

Share Incentive Plan

The Company was notified on 10 January 2024 that the following purchases of Ithaca Energy plc ordinary shares were made by Computershare Share Plan Trustees Limited on 8 January 2024 on behalf of three 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. Gilad Myerson 
                                                     2. Iain Lewis 
                  --------------------------  --------------------------------------------- 
       (b)         Position / status                1. Executive Chair 
                                                     2. Chief Financial Officer/Interim CEO 
                  --------------------------  --------------------------------------------- 
       (c)         Initial notification        8 January 2024 
                    / 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 of the               Ordinary Shares 
                    financial instrument 
                  --------------------------  --------------------------------------------- 
       (b)         Nature of the transaction   Purchase of ordinary shares under the 
                                                Ithaca Energy plc Share Incentive Plan, 
                                                held through the SIP Trustee 
                  --------------------------  --------------------------------------------- 
       (c)         Price(s) and volume(s)        Price(s)              Volume(s) 
                                                       1. GBP1.40812         1. 106 
                                                        2. GBP1.40812         2. 107 
                                                                       ------------- 
                  --------------------------  --------------------------------------------- 
       (d)         Aggregated information 
                     *    Aggregated volume 
 
 
                     *    Price 
                  --------------------------  --------------------------------------------- 
                                                    1. 106 2. 107 
                                                     1. GBP1.40812 2. GBP1.40812 
                  --------------------------  --------------------------------------------- 
       (e)         Date of the transaction     8 January 2024 
                  --------------------------  --------------------------------------------- 
       (f)         Place of the transaction    London Stock Exchange - XLON 
                  --------------------------  --------------------------------------------- 
              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 of the          Ordinary Shares 
                    financial instrument 
                  --------------------------  --------------------------------------------- 
       (b)         Nature of the transaction   Award of ordinary shares as Matching 
                                                Shares under the Ithaca Energy plc Share 
                                                Incentive Plan, held through the SIP 
                                                Trustee 
                  --------------------------  --------------------------------------------- 
       (c)         Price(s) and volume(s)        Price(s)       Volume(s) 
                                                       1. Nil         1. 212 
                                                        2. Nil         2. 214 
                                                                ------------- 
                  --------------------------  --------------------------------------------- 
       (d)         Aggregated information 
                     *    Aggregated volume 
 
 
                     *    Price 
                  --------------------------  --------------------------------------------- 
                                                    1. 212 2. 214 
                                                      1. Nil 2. Nil 
                  --------------------------  --------------------------------------------- 
       (e)         Date of the transaction     8 January 2024 
                  --------------------------  --------------------------------------------- 
       (f)         Place of the transaction    London Stock Exchange- XLON 
                  --------------------------  --------------------------------------------- 
 

Enquiries

 
 Ithaca Energy 
 Kathryn Reid - Head of Investor Relations,    kathryn.reid@ithacaenergy.com 
  Corporate Affairs & Communications 
 
 FTI Consulting (PR Advisers to Ithaca 
  Energy)                                                +44 (0)203 727 1000 
 Ben Brewerton / Nick Hennis                        ithaca@fticonsulting.com 
 
 

-ENDS-

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January 11, 2024 09:11 ET (14:11 GMT)

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