6 June 2024
Ithaca Energy plc
("Ithaca" or "the Company")
Director / PDMR Shareholdings
Ithaca Energy plc (ITH) makes the following announcement in respect of certain disclosable transactions carried out by one of its directors and persons discharging managerial responsibilities ("PDMRs") on 5 June 2024
Grant of deferred bonus award to PDMRs
On 5 June 2024, 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 |
| Iain Lewis | 102,553 |
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
|
kathryn.reid@ithacaenergy.com
|
| FTI Consulting - PR Advisers to Ithaca Energy
Ben Brewerton / Nick Hennis
|
+44 (0)203 727 1000
|
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||
| a) | Name | Iain Lewis | ||||
| 2. | Reason for the notification | |||||
| a) | Position/status | CFO and interim CEO | ||||
| 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)
|
| ||||
| d) | Aggregated information | Not applicable - single transaction | ||||
| e) | Date of the transaction | 5 June 2024 | ||||
| f) | Place of the transaction | Outside a trading venue | ||||
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