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 | |