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Ithaca Energy plc announced on 22 April 2025 that on 17 April 2025, it granted nil-cost options over ordinary shares to three Persons Discharging Managerial Responsibilities (PDMRs). Yaniv Friedman received options for 76,172 shares, Luciano Vasques for 48,747 shares, and Iain Lewis for 159,691 shares, totaling 284,610 ordinary shares. These awards, granted under the Ithaca Energy Deferred Share Bonus Plan, will normally vest on the third anniversary of the grant date.
| Date | 22 Apr 2025 |
| Time | 10:37:26 |
| Category | Director/PDMR dealings |
| ID | 6805F |
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:
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PDMR |
No. of shares under Restricted Share Award |
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Yaniv Friedman |
76,172 |
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Luciano Vasques |
48,747 |
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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:
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Company: Kathryn Reid - Head of Corporate Affairs & Communications
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kathryn.reid@ithacaenergy.com
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FTI Consulting - PR Advisers to Ithaca Energy Ben Brewerton / Nick Hennis |
+44 (0)203 727 1000
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1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Yaniv Friedman |
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2. |
Reason for the notification |
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a) |
Position/status |
Executive Chairman |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
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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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 |
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a) |
Description of the financial instrument, type of instrument
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Ordinary 1p shares
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Identification code |
ISIN: GB00BPJHV584 |
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b) |
Nature of the transaction |
Grant of a nil-cost option over ordinary shares pursuant to the Ithaca Energy Deferred Share Bonus Plan
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c) |
Price(s) and volume(s)
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d) |
Aggregated information |
Not applicable - single transaction |
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e) |
Date of the transaction |
17 April 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Luciano Vasques |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
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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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
|
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|
Identification code |
ISIN: GB00BPJHV584 |
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|
b) |
Nature of the transaction |
Grant of a nil-cost option over ordinary shares pursuant to the Ithaca Energy Deferred Share Bonus Plan
|
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c) |
Price(s) and volume(s)
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|
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d) |
Aggregated information |
Not applicable - single transaction |
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e) |
Date of the transaction |
17 April 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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1. |
Details of the person discharging managerial responsibilities/ person closely associated |
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a) |
Name |
Iain Lewis |
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2. |
Reason for the notification |
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a) |
Position/status |
Chief Financial Officer |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Ithaca Energy plc
|
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b) |
LEI |
21380057TNFLXPXBIP34 |
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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; (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
|
||||
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c) |
Price(s) and volume(s)
|
|
||||
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d) |
Aggregated information |
Not applicable - single transaction |
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e) |
Date of the transaction |
17 April 2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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