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    GENL   JE00B55Q3P39

GENEL ENERGY PLC

(GENL)
  Report
Delayed Quote. Delayed London Stock Exchange - 04/20 11:35:13 am
163.4 GBX   -2.51%
09:01aGENEL ENERGY PLC : Director/PDMR Shareholding
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04/13GENEL ENERGY  : Receipt of payments for KRI oil sales
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04/13GENEL ENERGY PLC : Receipt of payments for KRI oil sales
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Genel Energy PLC: Director/PDMR Shareholding

04/07/2021 | 11:24am EDT
Genel Energy PLC (GENL) 
Genel Energy PLC: Director/PDMR Shareholding 
07-Apr-2021 / 16:23 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
7 April 2021 
 
 
Genel Energy plc (the Company) 
 
2021 Awards - Notification of Transactions by 
Persons Discharging Managerial Responsibilities (PDMRs) 
 
 
Pursuant to the notification obligations under UK Market Abuse Regulations Article 19.1 the Company granted awards over 
its ordinary shares of 10 pence each under the Performance Share Plan ('PSP') on 6 April 2021 to the PDMRs set out 
below. 
 
PSP awards granted to PDMRs in the UK were made in the form of nil-cost options, which become exercisable following the 
end of a three-year performance period, subject to the satisfaction of performance targets. Options are then 
exercisable until the tenth anniversary of the date of grant. 
 
PSP awards granted to PDMRs in Turkey were made in the form of a nil-cost conditional share award and will be 
transferred following the end of a three-year performance period, subject to the satisfaction of performance targets. 
 
The PSP performance period will run from 6 April 2021 to 5 April 2024. 
 
Following vesting, shares granted under the PSP are subject to the Company's retention policy under which Executive 
Committee members are required to retain shares for an additional two years. 
 
The PSP awards are as follows: 
 
Name           No. of shares subject to PSP    Total number of shares over which options/awards are held following 
               Award                           notification 
Bill Higgs     466,201                         2,395,319 
Esa            388,069                         2,867,703 
Ikaheimonen 
Michael Adams  175,925                         870,623 
Pars Kutay     284,064                         1,305,397 
Paul Weir      172,475                         486,577 

In addition, the Executive Directors elected to defer a proportion of their annual 2020 cash bonus into Company shares. Deferred bonus share awards were made in the form of nil-cost options that become exercisable after two years. Options are then exercisable until the tenth anniversary of the grant date.

Deferred Bonus Share awards:

Name          No. of shares subject to Deferred Bonus   Total number of shares over which options/awards are held 
              Share Award                               following notification 
Bill Higgs    60,006                                    2,395,319 
Esa           49,949                                    2,867,703 
Ikaheimonen 
1             Details of the person discharging managerial responsibilities / person closely associated 
  a)          Name                                            Bill Higgs 
2             Reason for Notification 
a)            Position/status                                 CEO 
b)            Initial notification / Amendment                Initial notification 
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 
              Description of the financial instrument, type   Ordinary shares of 10 pence each 
              of instrument 
 
a) 
 
              Identification code 
                                                              JE00B55Q3P39 
                                                               i. Grant of nil-cost options under the Company's 
                                                                  Performance Share Plan 
b)            Nature of the transaction                       ii. Grant of nil-cost options as Deferred Bonus Share 
                                                                  awards 
 
                                                               i. Nil cost 
                                                              ii. 466,201 
c)            Price(s) and volumes(s)                         iii. Nil cost 
                                                              60,006 
 
              Aggregated information 
 
d)            -Aggregated volume 
                                                              526,207 
              -Price 
                                                              Nil 
e)            Date of the transaction                         6 April 2021 
f)            Place of the transaction                        Outside a trading venue 
1             Details of the person discharging managerial responsibilities / person closely associated 
  a)          Name                                            Esa Ikaheimonen 
2             Reason for Notification 
a)            Position/status                                 CFO 
b)            Initial notification / Amendment                Initial notification 
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 
              Description of the financial instrument, type   Ordinary shares of 10 pence each 
              of instrument 
 
a) 
 
              Identification code 
                                                              JE00B55Q3P39 
                                                               i. Grant of nil-cost options under the Company's 
b)            Nature of the transaction                           Performance Share Plan 
                                                              ii. Grant of nil-cost options as Deferred Bonus Share 
                                                                  awards 
                                                               i. Nil cost 
                                                              388,069 
c)            Price(s) and volumes(s) 
                                                              iii. Nil cost 
                                                              49,949 
 
              Aggregated information 
 
d)            -Aggregated volume 
                                                              438,018 
              -Price 
                                                              Nil 
e)            Date of the transaction                         6 April 2021 
f)            Place of the transaction                        Outside a trading venue 
1             Details of the person discharging managerial responsibilities / person closely associated 
  a)          Name                                             Michael Adams 
2             Reason for Notification 
a)            Position/status                                  Technical Director 
b)            Initial notification / Amendment                 Initial notification 
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 
              Description of the financial instrument, type of Ordinary shares of 10 pence each 
              instrument 
 
a) 
 
              Identification code 
                                                               JE00B55Q3P39 
                                                               Grant of nil-cost options under the Company's 
b)            Nature of the transaction                        Performance Share Plan 
 
                                                               Nil cost 
c)            Price(s) and volumes(s) 
                                                               175,925 shares 
 
              Aggregated information 
 
d)            -Aggregated volume 
                                                               175,925 
              -Price 
                                                               Nil 
e)            Date of the transaction                          6 April 2021 
f)            Place of the transaction                         Outside a trading venue 
1             Details of the person discharging managerial responsibilities / person closely associated 
  a)          Name                                        Pars Kutay 
2             Reason for Notification 
a)            Position/status                             Head of Government & Public Affairs 
b)            Initial notification / Amendment            Initial notification 
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 

(MORE TO FOLLOW) Dow Jones Newswires

April 07, 2021 11:23 ET (15:23 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
GENEL ENERGY PLC -2.51% 163.4 Delayed Quote.16.07%
S&P GSCI GOLD INDEX 0.37% 1035.399 Delayed Quote.-6.57%
US DOLLAR / TURKISH LIRA (USD/TRY) 0.21% 8.10856 Delayed Quote.8.65%
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Financials (USD)
Sales 2021 278 M - -
Net income 2021 66,4 M - -
Net Debt 2021 1,62 M - -
P/E ratio 2021 9,91x
Yield 2021 6,33%
Capitalization 651 M 651 M -
EV / Sales 2021 2,34x
EV / Sales 2022 1,70x
Nbr of Employees 127
Free-Float 56,6%
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Technical analysis trends GENEL ENERGY PLC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 2,84 $
Last Close Price 2,34 $
Spread / Highest target 36,3%
Spread / Average Target 21,1%
Spread / Lowest Target -5,31%
EPS Revisions
Managers and Directors
NameTitle
William George Higgs Chief Executive Officer & Director
Esa Tapani Ikäheimonen Chief Financial Officer & Director
David McManus Chairman
Mike Adams Technical Director
Paul Weir Chief Operating Officer
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