Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | 1. Amjad Bseisu2. The Amjad & Suha Bseisu Foundation | |||
2 | Reason for the notification | ||||
a) | Position/status | 1. Chief Executive of EnQuest PLC2. The Amjad & Suha Bseisu Foundation is a registered charity, of which Amjad Bseisu (CEO of EnQuest PLC) is a Trustee. | |||
b) | Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | EnQuest PLC | |||
b) | LEI | 2138008LJU6WFQWOXJ73 | |||
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 instrument | £0.05 ordinary shares | |||
Identification code | GB00B635TG28 | ||||
b) | Nature of the transaction | 1. Amjad Bseisu's EnQuest Nil Cost Share Options (2010 RSP, 2011 PSP, 2012 PSP, 2013 PSP, 2014 PSP, 2015 PSP, 2016 PSP, 2016 ED-DB, 2017 ED-DB) are being exercised.2. The shares are being transferred directly into the Amjad & Suha Bseisu Foundation.On completion of the exercise and transfer process, and taking into account the purchase of 1,037,334 ordinary shares by the Amjad & Suha Bseisu Foundation on 10 July 2019 announced on 12 July, Amjad Bseisu will have the ability to influence voting in respect of the following shareholdings in EnQuest PLC:
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c) | Price(s) and volume(s) | ||||
Price | Volume(s) | ||||
1. | £n/a | 7,607,325 | |||
2. | £n/a | 7,607,325 | |||
d) | Aggregated information - Aggregated volume - Price | n/a | |||
e) | Date of the transactions | 16 July 2019 | |||
f) | Place of the transactions | n/a |
Ends
For further information please contact:
EnQuest PLC Tel: +44 (0)20 7925 4900
Stefan Ricketts
Company Secretary
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