PDMR

Summary by AI BETAClose X

Metlen Energy & Metals PLC announced on September 16, 2026, that on September 11, 2026, conditional share awards were granted to Directors and Persons Discharging Managerial Responsibilities (PDMRs) under the company's Omnibus Plan. The awards, which are subject to performance conditions and continued employment, range from 5,189 shares for the Chief Legal Officer to 57,651 shares for the Group Chief Executive Officer. Vesting will occur based on adjusted EPS for FY2028 and relative Total Shareholder Return (TSR) for FY2026-FY2028, with 25% vesting at threshold performance and 100% at maximum performance. Executive Directors receiving vested shares will be subject to a five-year holding period.

Disclaimer*

Metlen Energy & Metals PLC
16 September 2026
 

METLEN ENERGY & METALS PLC

Notification of Transactions by Persons Discharging Managerial Responsibilities (“PDMR”)

Metlen Energy & Metals PLC (the "Company") confirms that, on 11 September 2026, it granted conditional share awards ("Awards") over ordinary shares of €1.00 each in the Company ("Shares") under the Metlen Energy & Metals Omnibus Plan to the following Directors and other Persons Discharging Managerial Responsibilities ("PDMRs"):

Name/Position

Category

Maximum number of Shares

Gavalas Christos - Group Chief Executive Officer

Executive Director of BoD

57.651

Ioannou Fotini - Group Chief Financial Officer

Executive Director of BoD

34.590

Chrisafis Evangelos - Executive Vice Chairman of Metlen Εnergy & Metals Single Member S.A.

PDMR

33.750

Benroubi Dinos - Vice Chairman & CEO of METKA ATE

PDMR

16.214

Bouzali Paraskevi - Chief Corporate Affairs & Communication Officer

PDMR

7.230

Fideli Vasiliki - Chief People Officer

PDMR

7.553

Giannakopoulos Ioannis - Chief Executive Director Integrated Utility

PDMR

7.783

Kanellopoulos Panayotis - Chief Executive Director International Energy Supply & Trading

PDMR

7.783

Karaindros Elenos - Chief Strategy and M&A Officer

PDMR

6.731

Papadopoulos Dimitrios - Executive BoD Member of Metlen Εnergy & Metals Single Member S.A., Executive Senior Advisor to the Executive Chairman & the Board

PDMR

7.206

Papapetrou Nikolaos - Chief Executive Director Renewables & Energy Transition Platform

PDMR

9.224

Selekos Petros - Chief Legal Officer

PDMR

5.189

Stefanidis Dimitrios - Chief Executive Director, Metallurgy

PDMR

8.071

Ziomas Loukas - Chief of Staff

PDMR

11.530

The Awards will vest subject to satisfaction of performance conditions and continued employment. The performance targets that apply to the awards are as follows:

Performance measure

Weighting

Threshold

Maximum

Adjusted EPS for FY2028

70%

€5.50

€7.00

Relative TSR against constituents of FTSE 100 index (excluding investment trusts) for FY2026 – FY2028

30%

Median

Upper quartile

25% of the Award will vest at threshold performance and 100% of the Award will vest at maximum performance. There will be straight line vesting between these points and nil vesting for below threshold performance.

Each Award is also subject to a minimum requirement for satisfactory personal performance by the participant during the three-year performance period.

Following the vesting of Awards, any vested Shares received by the Executive Directors are subject to a holding period which expires on the fifth anniversary of the date of grant, during which time the Shares may not be sold.

This announcement is published in accordance with the disclosure requirements that apply by virtue of the Company's primary listing on the London Stock Exchange.

Notification and public disclosure of transactions by PDMRs and persons closely associated with them

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Gavalas Christos

2.

Reason for the notification

a)

Position / status

Group Chief Executive Officer / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

57.651

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Ioannou Fotini

2.

Reason for the notification

a)

Position / status

Group Chief Financial Officer / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

34.590

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Chrisafis Evangelos

2.

Reason for the notification

a)

Position / status

Executive Vice Chairman of Metlen Εnergy & Metals Single Member S.A. / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

33.750

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Benroubi Dinos

2.

Reason for the notification

a)

Position / status

Vice Chairman & CEO of METKA ATE / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

16.214

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Bouzali Paraskevi

2.

Reason for the notification

a)

Position / status

Chief Corporate Affairs & Communication Officer / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

7.230

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Fideli Vasiliki

2.

Reason for the notification

a)

Position / status

Chief People Officer / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

7.553

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Giannakopoulos Ioannis

2.

Reason for the notification

a)

Position / status

Chief Executive Director Integrated Utility / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

7.783

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Kanellopoulos Panayotis

2.

Reason for the notification

a)

Position / status

Chief Executive Director International Energy Supply & Trading / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

7.783

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Karaindros Elenos

2.

Reason for the notification

a)

Position / status

Chief Strategy and M&A Officer / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

6.731

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Papadopoulos Dimitris

2.

Reason for the notification

a)

Position / status

Executive BoD Member of Metlen Εnergy & Metals Single Member S.A., Executive Senior Advisor to the Executive Chairman & the Board / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

7.206

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Papapetrou Nikolaos

2.

Reason for the notification

a)

Position / status

Chief Executive Director Renewables & Energy Transition Platform / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

9.224

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Selekos Petros

2.

Reason for the notification

a)

Position / status

Chief Legal Officer / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

5.189

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Stefanidis Dimitrios

2.

Reason for the notification

a)

Position / status

Chief Executive Director, Metallurgy / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

8.071

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

 

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Ziomas Loukas

2.

Reason for the notification

a)

Position / status

Chief of Staff / PDMR

b)

Initial notification / amendment

Initial notification

c)

Previous notification reference number and reason for amendment

N/A

3.

Details of the issuer

a)

Full name of the entity

Metlen Energy & Metals PLC

b)

Legal Entity Identifier Code

213800ZSR3HVKMMPVG86

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:

Ordinary shares of EUR 1.00 in Metlen Energy & Metals PLC

b)

Identification Code:

GB00BTQGS779

c)

Nature of the transaction

Grant of share awards over ordinary shares under the Metlen Energy & Metals Omnibus Plan

d)

Currency

EUR

e)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

11.530

f)

Aggregated information

-       Aggregated volume

-       Price

 

N/A

Nil

g)

Date of the transaction

11 September 2026

h)

Place of the transaction

Outside of a trading venue

 

For further information:

Investor Relations

Tel. +30 210-6877300 | Fax +30 210-6877400 | E-mail: ir@metlen.com

Press Office

Tel. +30 210-6877346 | Fax +30 210-6877400 | E-mail: communications@metlen.com

================================

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