Director/PDMR Shareholding

Ithaca Energy PLC

23 March 2026

 

23 March 2026

Ithaca Energy plc ("Ithaca Energy" or the "Company")

Directors'/PDMR Shareholdings

The Company makes the following announcement in respect of certain disclosable transactions carried out by one of its directors and persons discharging managerial responsibilities ("PDMRs") on 19 March 2026 and 20 March 2026.

The Company was notified by Iain Lewis that he has exercised his vested nil-cost option award which was granted to him on 21 December 2022 pursuant to the Company's Long Term Incentive Plan. The award has been exercised over 40,000 ordinary shares of 1 pence each in the Company ("Shares") and a further 23,399 dividend equivalent Shares (63,399 Shares in total). The award vested on 9 November 2025. On 19 March 2026, immediately upon exercise of the award, Iain sold 31,811 Shares to cover tax and National Insurance contributions arising from the vesting of the nil cost option. On 20 March 2026, Iain sold the remaining 31,588 Shares he acquired on exercise of the nil-cost option.

The information contained in the below notifications are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

1.	Details of PDMR / PCA
(a)	Name	Iain Lewis
(b)	Position / status	Chief Financial Officer
(c)	Initial notification / amendment	23 March 2026
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	Exercise of a nil cost option award over Ordinary Shares granted pursuant to the Company's Long Term Incentive Plan.
(c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 63,399
(d)	Aggregated information -     Aggregated volume -     Price	n/a
(e)	Date of the transaction	19 March 2026
(f)	Place of the transaction	Outside a trading venue
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	1.    On 19 March 2026, sale of Ordinary Shares to cover income tax and National Insurance contributions arising from the vesting of the nil cost option award granted pursuant to the Company's Long Term Incentive Plan. 2.    On 20 March 2026 sale of Ordinary Shares.
(c)	Price(s) and volume(s)	Price(s) Volume(s) 1.    £2.85 2.    £2.666505 1.    31,811 2.    31,588
(d)	Aggregated information -     Aggregated volume -     Price	63,399 1.    £2.85    2. £2.666505
(e)	Date of the transaction	20 March 2026
(f)	Place of the transaction	London Stock Exchange - XLON

Enquiries

Ithaca Energy
Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications	[e-mail]
Camarco (PR Advisers to Ithaca Energy)	[phone]
Billy Clegg / Owen Roberts / Violet Wilson	[e-mail]

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