Director/PDMR Shareholding (1005305)
March 24 2020 - 7:30AM
UK Regulatory
Genel Energy PLC (GENL)
Director/PDMR Shareholding
24-March-2020 / 11:30 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
24 March 2020
NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON CLOSELY
ASSOCIATED TO A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES
On 23 March 2020, Hassan Gozal notified the Company that on 20 March 2020,
Daax Corporation FZE had purchased 200,000 Ordinary Shares in Genel Energy
plc at a price of GBP0.74 per share, and on 23 March 2020 Daax Corporation FZE
had purchased 120,000 Ordinary Shares in Genel Energy plc at a price of
GBP0.84 per share. Hassan Gozal is sole shareholder and Director of Daax
Corporation FZE, and is a Non-Executive Director of Genel Energy plc.
The notification below is made in accordance with the requirements of the EU
Market Abuse Regulation provides further detail.
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Daax Corporation FZE
2 Reason for Notification
a) Position/status Person closely associated to
Hassan Gozal
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market
participant, auction platform, auctioneer or auction
monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
4 Details of the transaction(s): section to be replaced for
(i) each type of instrument; (ii) each type of
transaction; (iii) each date (iv) each place where
transaction have been conducted
a) Description of the financial Ordinary shares of 10 pence
instrument, type of each
instrument
Identification code
JE00B55Q3P39
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volumes(s) GBP0.74 per share
200,000
d) Aggregated information
-Aggregated volume
200,000
-Price
GBP148,000
e) Date of the transaction 20 March 2020
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Daax Corporation FZE
2 Reason for Notification
a) Position/status Person closely associated to
Hassan Gozal
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market
participant, auction platform, auctioneer or auction
monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
4 Details of the transaction(s): section to be replaced for
(i) each type of instrument; (ii) each type of
transaction; (iii) each date (iv) each place where
transaction have been conducted
a) Description of the financial Ordinary shares of 10 pence
instrument, type of each
instrument
Identification code
JE00B55Q3P39
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volumes(s) 0.84 per share
120,000
d) Aggregated information
-Aggregated volume
120,000
-Price
GBP100,800
e) Date of the transaction 23 March 2020
f) Place of the transaction London Stock Exchange
-ends-
For further information, please contact:
Genel Energy +44 20 7659 5100
Andrew Benbow, Head of Communications
Vigo Communications +44 20 7830 9700
Patrick d'Ancona
Notes to editors:
Genel Energy is an independent oil and gas exploration and production
company listed on the main market of the London Stock Exchange (LSE: GENL,
LEI: 549300IVCJDWC3LR8F94). The Company, with headquarters in London and
offices in Ankara and Erbil, is one of the largest London-listed independent
oil producers, and is the largest holder of reserves and resources in the
Kurdistan Region of Iraq. Genel has highly cash-generative oil production
from the Taq Taq and Tawke licences, with material growth potential from
other assets in the portfolio. Genel also continues to pursue further growth
opportunities. For further information, please refer to www.genelenergy.com
[1].
ISIN: JE00B55Q3P39
Category Code: DSH
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 54262
EQS News ID: 1005305
End of Announcement EQS News Service
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