Director/PDMR Shareholding

RNS Number : 1011V
Seplat Energy PLC
05 August 2022
 

 

 

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

 

Seplat Energy PLC ("Seplat" or "Company")

 

Lagos and London - 5th August 2022: The following award ("sign-on share award") over ordinary shares of 0.5 Naira each ("shares") of Seplat were granted to the Chief Operating Officer of the Company on 04 August 2022 (the "Award Date"), as set out in his employment contract, using the share price as at the contract's commencement date.  

Vesting conditions are as set out in the employment contract and the Award is subject to a one-year post vesting holding period.

Name

Position

Total Number of Shares over which the award is granted*

Samson Ezugworie

Chief Operating Officer

514,575

* The number of shares awarded was calculated by dividing the monetary value of the Award by the share price on the Commencement Date (i.e. £0.92).

 

No consideration was paid for the grant of the above sign-on share award and no consideration is due on the vesting of the sign-on award.

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 

Mrs. Edith Onwuchekwa

Director, Legal/Company Secretary

FOR: SEPLAT ENERGY PLC.



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Samson Ezugworie

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

Seplat Energy PLC

b)

LEI

029200711C4S4CB2E982

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

Identification code

Ordinary shares of Seplat Energy PLC of 0.5 Naira each

 

 

NGSEPLAT0008

b)

Nature of the transaction

Grant of the 2022 LTIP Award

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)


Nil

514,575

d)

Aggregated information

-

Aggregated volume

-

Price

 

514,575 ordinary shares of 0.5 Naira each


Nil consideration

e)

Date of the transaction

04 August 2022

f)

Place of the transaction

Outside a trading venue

 

Enquiries:

Seplat Energy PLC


Edith Onwuchekwa, Company Secretary

Ngozi Osuzoka (Company Secretariat)

+234 1 277 0400 Ext 1110

+234 1 277 0444 Ext 1108

FTI Consulting


Ben Brewerton / Sara Powell / James Styles

+44 (0) 203 727 1000
seplat@fticonsulting.com

 

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