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 Bseisu 2. The Amjad & Suha Bseisu Foundation |
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| 2 | Reason for the notification | ||||
| a) | Position/status | 1. Chief Executive of EnQuest PLC 2. The Amjad & Suha Bseisu Foundation is a registered charity, of which Amjad Bseisu (CEO of EnQuest PLC) is a Trustee. |
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| 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 granted under the 2017 EnQuest Performance Share Plan are being exercised. 2. The shares are being transferred directly into the Amjad & Suha Bseisu Foundation. On completion of the exercise and transfer process, Amjad Bseisu will have the ability to influence voting in respect of the following shareholdings in EnQuest PLC: ·The shareholding of Double A Limited, a discretionary trust in which the extended family of Amjad Bseisu has a beneficial interest - 9.51% (161,380,583 shares)·The shareholding of The Amjad & Suha Bseisu Foundation, a registered charity, of which Amjad Bseisu (CEO of EnQuest PLC) is a Trustee - 1.21% (20,554,304 shares)·The shareholding of Amjad Bseisu - 0.01% (167,547 shares). |
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| c) | Price(s) and volume(s) | ||||
| Price | Volume(s) | ||||
| 1. | £n/a | 2,396,980 | |||
| 2. | £n/a | 2,396,980 | |||
| d) | Aggregated information - Aggregated volume- Price | n/a | |||
| e) | Date of the transactions | 30 March 2021 | |||
| 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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