Director/PDMR Shareholding

12 May 2017

   

Genel Energy plc (the Company)

2017 Awards - Notification of Transactions by
Persons Discharging Managerial Responsibilities (PDMRs)

Pursuant to the notification obligations under EU Market Abuse Regulations Article 19.1 the Company granted awards over its ordinary shares of 10 pence each under the Performance Share Plan (PSP) on 10 May 2017 to PDMRs as set out below.

PSP awards granted to PDMRs in the UK were made in the form of nil-cost options, which become exercisable following the end of a three year performance period, subject to the satisfaction of performance targets. Options are then exercisable until the tenth anniversary of the date of grant.

PSP awards granted to PDMRs in Turkey were made in the form of a nil-cost conditional share award, and the shares comprised in it will be transferred following the end of a three year performance period, subject to the satisfaction of performance targets.

The PSP performance period will run from 10 May 2017 to 9 May 2020.

Following vesting, shares are subject to the Company's retention policy.

PSP Awards

Name No. of shares subject to PSP Award Total number of shares over which options/awards are held following   notification
Murat Özgül 1,163,151 2,888,787
Ben Monaghan 747,766 1,604,672
Pars Kutay 539,825 1,207,020
Paul Schofield 328,026 597,590

Name of person making notification: Sarah Robertson
Contact number: +44 20 7659 5118
Date of notification: 12 May 2017 

1   Details of the person discharging managerial responsibilities / person   closely associated  
  a)   Name   Murat Ozgul  
2   Reason for Notification  
a)   Position/status   CEO  
b)   Initial notification / Amendment   Initial notification  
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 instrument, type of instrument       Identification code   Ordinary shares of 10 pence each           JE00B55Q3P39  
b)   Nature of the transaction   Grant of a nil-cost contingent share award under the Company's   performance share plan  
c)   Price(s) and volumes(s)   Price   Volume  
Nil   1,163,151  
d)   Aggregated information
 
  -Aggregated volume
  -Price  
        1,163,151   Nil  
e)   Date of the transaction   10 May 2017  
f)   Place of the transaction   Outside a trading venue  

 

1   Details of the person discharging managerial responsibilities / person   closely associated  
  a)   Name   Ben Monaghan  
2   Reason for Notification  
a)   Position/status   CFO  
b)   Initial notification / Amendment   Initial notification  
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 instrument, type of instrument       Identification code   Ordinary shares of 10 pence each           JE00B55Q3P39  
b)   Nature of the transaction   Grant of a nil-cost options under the Company's performance share plan  
c)   Price(s) and volumes(s)   Price   Volume  
Nil   747,766  
d)   Aggregated information
 
  -Aggregated volume
  -Price  
        747,766   Nil  
e)   Date of the transaction   10 May 2017  
f)   Place of the transaction   Outside a trading venue  

 

1   Details of the person discharging managerial responsibilities / person   closely associated  
  a)   Name   Pars Kutay  
2   Reason for Notification  
a)   Position/status   Head of Government & Public Affairs  
b)   Initial notification / Amendment   Initial notification  
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 instrument, type of instrument       Identification code   Ordinary shares of 10 pence each           JE00B55Q3P39  
b)   Nature of the transaction   Grant of a nil-cost contingent share award under the Company's   performance share plan  
c)   Price(s) and volumes(s)   Price   Volume  
Nil   539,825  
d)   Aggregated information
 
  -Aggregated volume
  -Price  
        539,825   Nil  
e)   Date of the transaction   10 May 2017  
f)   Place of the transaction   Outside a trading venue  

 

1   Details of the person discharging managerial responsibilities / person   closely associated  
  a)   Name   Paul Schofield  
2   Reason for Notification  
a)   Position/status   Chief Operating Officer  
b)   Initial notification / Amendment   Initial notification  
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 instrument, type of instrument       Identification code   Ordinary shares of 10 pence each           JE00B55Q3P39  
b)   Nature of the transaction   Grant of a nil-cost contingent share award under the Company's   performance share plan  
c)   Price(s) and volumes(s)   Price   Volume  
Nil   597,590  
d)   Aggregated information
 
  -Aggregated volume
  -Price  
        597,590   Nil  
e)   Date of the transaction   10 May 2017  
f)   Place of the transaction   Outside a trading venue  

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