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Director/PDMR Shareholdings

22nd Apr 2025 10:37

RNS Number : 6805F
Ithaca Energy PLC
22 April 2025
 

22 April 2025

Ithaca Energy plc

("Ithaca" or "the Company") 

Director / PDMR Shareholdings

Ithaca Energy plc makes the following announcement in respect of certain disclosable transactions carried out by its directors and persons discharging managerial responsibilities ("PDMRs") on 17 April 2025.

Grant of deferred bonus award to PDMRs

On 17 April 2025, the Company granted a nil-cost option to acquire ordinary shares in the Company, subject to the rules of the Ithaca Energy Deferred Share Bonus Plan (the "Plan"), to the PDMRs listed below:

 

PDMR

No. of shares under Restricted Share Award

Yaniv Friedman

76,172

Luciano Vasques

48,747

Iain Lewis

159,691

 

The award will normally vest on the third anniversary of the grant date in accordance with, and subject to, the rules of the Plan. 

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

For further information, please contact:

Company:

Kathryn Reid - Head of Corporate Affairs & Communications

 

 

 

 

[email protected]

 

FTI Consulting - PR Advisers to Ithaca Energy

Ben Brewerton / Nick Hennis

+44 (0)203 727 1000

[email protected]

 

 

 

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Yaniv Friedman

2.

Reason for the notification

a)

Position/status

Executive Chairman

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ithaca Energy plc

 

b)

LEI

21380057TNFLXPXBIP34

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary 1p shares

 

 

 

Identification code

ISIN: GB00BPJHV584

b)

Nature of the transaction

Grant of a nil-cost option over ordinary shares pursuant to the Ithaca Energy Deferred Share Bonus Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

76,172

d)

Aggregated information

 Not applicable - single transaction

e)

Date of the transaction

17 April 2025

f)

Place of the transaction

Outside a trading venue

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Luciano Vasques

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ithaca Energy plc

 

b)

LEI

21380057TNFLXPXBIP34

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary 1p shares

 

 

 

Identification code

ISIN: GB00BPJHV584

b)

Nature of the transaction

Grant of a nil-cost option over ordinary shares pursuant to the Ithaca Energy Deferred Share Bonus Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

48,747

d)

Aggregated information

 Not applicable - single transaction

e)

Date of the transaction

17 April 2025

f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Iain Lewis

2.

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/ Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Ithaca Energy plc

 

b)

LEI

21380057TNFLXPXBIP34

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Ordinary 1p shares

 

 

 

Identification code

ISIN: GB00BPJHV584

b)

Nature of the transaction

Grant of a nil-cost option over ordinary shares pursuant to the Ithaca Energy Deferred Share Bonus Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

159,691

d)

Aggregated information

 Not applicable - single transaction

e)

Date of the transaction

17 April 2025

f)

Place of the transaction

Outside a trading venue

 

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END
 
 
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