Director/PDMR Shareholding

Capricorn Energy PLC
08 March 2024
 

FOR IMMEDIATE RELEASE                                                                                       8 March 2024

 

 

 

CAPRICORN ENERGY PLC ("Capricorn" or "the Company")

 

 

Interests of Directors / Persons Discharging Managerial Responsibility ("PDMRs")

in the Company's Shares

 

 

1.         Purchase of Partnership Shares / Award of Matching Shares under the Company's 2010 Share Incentive Plan (the "SIP")

 

Capricorn announces that, on 6 March 2024, the trustee (the "Trustee") of the Company's HMRC approved all-employee SIP purchased ordinary shares of 735/143 pence each in the Company ("Ordinary Shares") in the market at a price of £1.1931 per Ordinary Share on behalf of participants in the "Partnership Share" element of the SIP using deductions made from their gross salary.

 

Capricorn also announces that, on 6 March 2024, awards of further Ordinary Shares were made to the participants under the "Matching Share" element of the SIP on the basis of two free Matching Shares for every one Partnership Share purchased. The Ordinary Shares used to satisfy these awards were previously purchased in the market.

 

Details of the PDMR who participated in the purchase / award are as follows:

 

 

PDMR

 

Number of Partnership Shares Purchased

Number of Matching Shares Awarded

Total Number of Shares Acquired

 

 

Nathan Piper, Commercial Director

 

126

252

378

 

In accordance with the rules of the SIP, Partnership and Matching Shares are initially held by the Trustee on the participants' behalf and, in the case of Matching Shares, must normally remain so held throughout a period of five years from the date of award. 

 

2.            Summary of current holdings of PDMR

 

Following this announcement, Nathan Piper's beneficial interests in the Shares of the Company are as follows:

 

PDMR

Previous

Shares

Current Shares

% Issued Share Capital

Outstanding entitlements under 2017 LTIP

 

Unvested Awards still subject to performance conditions

Vested but unexercised Awards*

Nathan Piper

3,298

3,676

0.004

107,700

0

 

* This column includes all outstanding awards that have vested following the expiry of the applicable performance period, regardless of whether or not they are currently capable of being exercised under the rules of the 2017 LTIP.

 

The following notifications are intended to satisfy the Company's obligations under Article 19(3) of EU Regulation No 596/2014 as it forms part of domestic law by virtue of the European (Withdrawal) Act 2018.

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nathan Piper

2

Reason for the notification

a)

Position/status

Commercial Director

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Capricorn Energy PLC

b)

LEI

213800ZJEUQ8ZOC9AL24

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

Ordinary shares of 735/143 pence each

Identification code

GB00BRJ7R218

b)

Nature of the transaction

Partnership shares purchased under the Company's all-employee Share Incentive Plan (2010).

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.1931

126

d)

Aggregated information

-   Aggregated volume

-   Price

 

 

-     Not applicable

e)

Date of the transaction

6 March 2024

f)

Place of the transaction

London Stock Exchange

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

Ordinary shares of 735/143 pence each

Identification code

GB00BRJ7R218

b)

Nature of the transaction

Matching shares awarded under the Company's all-employee Share Incentive Plan (2010) on the basis of two free matching shares for every one partnership share purchased.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.00

252

d)

Aggregated information

-   Aggregated volume

-   Price

 

 

-     Not applicable

e)

Date of the transaction

6 March 2024

f)

Place of the transaction

London Stock Exchange

 

 

 

 

 

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