Director/PDMR Shareholding
Summary by AI BETAClose X
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Harbour Energy plc
(the "Company", "Harbour")
Vesting of Share Awards
Harbour announces that the 2023 Performance Share Awards ("PSA Awards") and 2022 Deferred Bonus Awards listed below (the "DBS Awards") vested on 7 April 2026 pursuant to the Rules of the 2017 Long Term Incentive Plan ("2017 LTIP").
The PSA Awards were subject to a three‑year relative TSR performance condition measured against the FTSE 100 and a sector peer group assessed over the period 1 January 2023 - 31 December 2025.
In accordance with the LTIP framework, 23.5 per cent of the 2023 PSA Awards vested. Net shares released to the Executives, as shown below, are subject to a further two‑year post‑vesting holding period.
The DBS Awards were granted in March 2023 in respect of 50 per cent of bonus amounts earned for the financial year ending 31 December 2022. In accordance with the Company's 2021 Remuneration Policy, these awards were subject to a three-year deferral period which has now ended.
The tax and National Insurance liabilities arising on the release of the PSA and DBS Awards were settled by withholding a sufficient number of shares to cover those liabilities. The net number of shares were then released to Executives as set out below.
Performance Share Awards
|
Director |
Shares vesting |
Market price at vesting |
Shares sold to cover statutory deductions |
Shares retained |
|
Linda Z. Cook |
284,916 |
£2.814 |
112,115 |
172,801 |
|
Alexander Krane |
152,512 |
£2.814 |
78,361 |
74,151 |
Deferred Bonus Awards
|
Director |
Shares vesting |
Market price at vesting |
Shares sold to cover statutory deductions |
Shares retained |
|
Linda Z. Cook |
303,100 |
£2.866 |
119,270 |
183,830 |
|
Alexander Krane |
187,210 |
£2.814 |
96,189 |
91,021 |
Enquiries
|
Harbour Energy plc |
Tel: 020 7730 1111 |
|
Rachel Benjamin, Company Secretary Elizabeth Brooks, SVP Investor Relations |
|
|
Andrew Norman, SVP Communications
|
|
The information set out below is provided in accordance with the requirements of Article 19(3) of MAR
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||
|
a) |
Name |
Linda Z. Cook |
||||||||||
|
2 |
Reason for the notification |
|||||||||||
|
a) |
Position/status |
Chief Executive Officer |
||||||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||||
|
a) |
Name |
Harbour Energy plc |
||||||||||
|
b) |
LEI |
213800YPC42DYBKVPF97 |
||||||||||
|
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 0.002 pence each
|
||||||||||
|
b) |
Nature of the transaction |
(i) Vesting of Performance Share Award under the 2017 LTIP (ii) Shares sold to cover tax & NI (balance of 172,801 shares retained) |
||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||
|
d) |
Aggregated information
|
|
||||||||||
|
e) |
Date of the transaction |
2026-04-07 |
||||||||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||
|
a) |
Name |
Alexander Krane |
||||||||||
|
2 |
Reason for the notification |
|||||||||||
|
a) |
Position/status |
Chief Financial Officer |
||||||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||||
|
a) |
Name |
Harbour Energy plc |
||||||||||
|
b) |
LEI |
213800YPC42DYBKVPF97 |
||||||||||
|
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 0.002 pence each
|
||||||||||
|
b) |
Nature of the transaction |
(i) Vesting of Performance Share Award under the 2017 LTIP (ii) Shares sold to cover tax & NI (balance of 74,151 shares retained) |
||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||
|
d) |
Aggregated information
|
|
||||||||||
|
e) |
Date of the transaction |
2026-04-07 |
||||||||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||
|
a) |
Name |
Linda Z. Cook |
||||||||||
|
2 |
Reason for the notification |
|||||||||||
|
a) |
Position/status |
Chief Executive Officer |
||||||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||||
|
a) |
Name |
Harbour Energy plc |
||||||||||
|
b) |
LEI |
213800YPC42DYBKVPF97 |
||||||||||
|
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 0.002 pence each
|
||||||||||
|
b) |
Nature of the transaction |
(i) Vesting of Deferred Bonus Award under the 2017 LTIP (ii) Shares sold to cover tax & NI (balance of 183,830 shares retained) |
||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||
|
d) |
Aggregated information
|
|
||||||||||
|
e) |
Date of the transaction |
2026-04-07 |
||||||||||
|
f) |
Place of the transaction |
Outside of trading venue |
||||||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||
|
a) |
Name |
Alexander Krane |
||||||||||
|
2 |
Reason for the notification |
|||||||||||
|
a) |
Position/status |
Chief Financial Officer |
||||||||||
|
b) |
Initial notification/Amendment |
Initial notification |
||||||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||||||
|
a) |
Name |
Harbour Energy plc |
||||||||||
|
b) |
LEI |
213800YPC42DYBKVPF97 |
||||||||||
|
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 0.002 pence each
|
||||||||||
|
b) |
Nature of the transaction |
(i) Vesting of Deferred Bonus Award under the 2017 LTIP (ii) Shares sold to cover tax & NI (balance of 91,021 shares retained) |
||||||||||
|
c) |
Price(s) and volume(s) |
|
||||||||||
|
d) |
Aggregated information
|
|
||||||||||
|
e) |
Date of the transaction |
2026-04-07 |
||||||||||
|
f) |
Place of the transaction |
London Stock Exchange |
||||||||||
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