PDMR and PCA Notification

Ithaca Energy PLC

19 May 2023

 

For immediate release

19 May 2023

Ithaca Energy plc (the "Company")

PDMR and PCA Notification

Ithaca Energy plc (LSE: ITH) (Ithaca Energy, or the Company) announces that it was notified on 17^th May 2023 that DKL Energy Limited (on behalf of Delek Group Limited ("DGL")) transferred shares to a new custody account. DGL is, a person closely associated with a PDMR, Mr Idan Wallace, a Non-Executive Director of the Company.  

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the Market Abuse Regulation.

1.	Details of PDMR / PCA
(a)	Name	DKL Energy Limited on behalf of Delek Group Limited
(b)	Position / status	PCA: Delek Group Limited PDMR Idan Wallace (a Non-Executive Director of the Company)
(c)	Initial notification / amendment	Initial notification
2.	Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Ithaca Energy plc
(b)	LEI	21380057TNFLXPXBIP34
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
(a)	Description of the financial instrument	Ordinary Shares
(b)	Nature of the transaction	Transfer to a new custody account under a Pledge Agreement in relation to a series of Israeli Bonds issued by Delek Group in 22/1/2023. This transfer to a custody account results in no changes to the beneficial owner of the Ordinary Shares.
(c)	Price(s) and volume(s)	Price(s) Volume(s) Free of payment 231,790,833
(d)	Aggregated information	Not applicable (single transaction)
	-    Aggregated volume -    Price	231,790,833
(e)	Date of the transaction	17/05/2023
(f)	Place of the transaction	Outside of trading venue

Enquiries

Ithaca Energy

Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications - [e-mail] 

FTI Consulting (PR Advisers to Ithaca Energy)

Ben Brewerton / Nick Hennis - [phone] or [e-mail]

IMPORTANT NOTICE

 

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