Director/PDMR Shareholding

RNS Number : 3928W
Genel Energy PLC
30 January 2012
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

 

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

Please complete all relevant boxes in block capital letters.

 

1. Name of the issuer

Genel Energy Plc

2.State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R, (ii) a disclosure made in accordance LR 9.8.6R(1) or  (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

DTR 3.1.2R

3. Name of person discharging managerial responsibilities/director

Julian Metherell

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

As 3 above

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Genel Energy Voting Ordinary Shares

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Vallares Capital GP Limited

8. State the nature of the transaction

Exchange of founder shares for Genel Energy Voting Ordinary Shares

9. Number of shares, debentures or financial instruments relating to shares acquired

1,497,052

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.53%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/A

13. Price per share or value of transaction

N/A

14. Date and place of transaction

19 January 2012

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

Issued Genel Energy Ordinary Share Capital:                   1,737,052          0.62%

Issued Genel Energy Voting Ordinary Share Capital:         1,737,052          0.81%

Founder shares: (Interests extinguished on exchange)

Founder securities:                                                        560,000             5.6%

16. Date issuer informed of transaction

27 January 2012

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 

17. Date of grant

N/A

18. Period during which or date on which exercisable

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22. Total number of shares or debentures over which options held following notification

N/A

23. Any additional information

This notification is being made further to the exercise of the exchange right whereby Genel Energy Voting Ordinary Shares were issued following the exercise of the B exchange right and the exchange of B Ordinary Shares as further described in the prospectus published by Genel Energy Plc on 18 November 2011.

24. Name of contact and telephone number for queries

David Larkin

+ 44 (0)1481 743883


This information is provided by RNS
The company news service from the London Stock Exchange
 
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