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Ithaca Energy plc announced that on 5 November 2024, Executive Chairman Yaniv Friedman and Chief Financial Officer Iain Lewis each purchased 147 ordinary shares at £1.02295 through the Company's Share Incentive Plan. Additionally, on the same date, each PDMR was awarded 294 ordinary shares as Matching Shares at a nil price under the same plan, with transactions occurring on the London Stock Exchange.
| Date | 7 Nov 2024 |
| Time | 11:44:55 |
| Category | Director/PDMR dealings |
| ID | 3930L |
7 November 2024
Ithaca Energy plc ("Ithaca Energy" or the "Company")
Directors'/PDMR Shareholdings
Share Incentive Plan
The Company was notified on 6 November 2024, that the following purchases of Ithaca Energy plc ordinary shares were made by Computershare Share Plan Trustees Limited on 5 November 2024 on behalf of the Company's persons discharging managerial responsibilities ('PDMR') pursuant to the Company's Share Incentive Plan ('SIP').
The SIP is an all-employee share plan arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company using deductions from salary in each monthly pay period.
The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
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1. |
Details of PDMR / PCA |
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(a) |
Name |
1. Yaniv Friedman 2. Iain Lewis |
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(b) |
Position / status |
1. Executive Chairman 2. Chief Financial Officer |
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(c) |
Initial notification / amendment |
5 November 2024 |
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2. |
Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor |
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(a) |
Name |
Ithaca Energy plc |
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(b) |
LEI |
21380057TNFLXPXBIP34 |
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3. |
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 |
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(a) |
Description of the financial instrument |
Ordinary Shares |
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(b) |
Nature of the transaction |
Purchase of ordinary shares under the Ithaca Energy plc Share Incentive Plan, held through the SIP Trustee |
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(c) |
Price(s) and volume(s) |
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(d) |
Aggregated information - Aggregated volume - Price |
n/a |
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(e) |
Date of the transaction |
5 November 2024 |
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(f) |
Place of the transaction |
London Stock Exchange - XLON |
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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 |
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(a) |
Description of the financial instrument |
Ordinary Shares |
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(b) |
Nature of the transaction |
Award of ordinary shares as Matching Shares under the Ithaca Energy plc Share Incentive Plan, held through the SIP Trustee |
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(c) |
Price(s) and volume(s) |
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(d) |
Aggregated information - Aggregated volume - Price |
n/a |
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(e) |
Date of the transaction |
5 November 2024 |
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(f) |
Place of the transaction |
London Stock Exchange- XLON |
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Enquiries
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Ithaca Energy |
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Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications |
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FTI Consulting (PR Advisers to Ithaca Energy) |
+44 (0)203 727 1000 |
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Ben Brewerton / Nick Hennis |
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