Seplat Energy PLC Director/PDMR Shareholding (1011V)
05 Agosto 2022 - 7:00AM
UK Regulatory
TIDMSEPL
RNS Number : 1011V
Seplat Energy PLC
05 August 2022
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
Seplat Energy PLC ("Seplat" or "Company")
Lagos and London - 5(th) August 2022: The following award
("sign-on share award") over ordinary shares of 0.5 Naira each
("shares") of Seplat were granted to the Chief Operating Officer of
the Company on 04 August 2022 (the "Award Date"), as set out in his
employment contract, using the share price as at the contract's
commencement date.
Vesting conditions are as set out in the employment contract and
the Award is subject to a one-year post vesting holding period.
Name Position Total Number of Shares
over which the award is
granted*
Samson Ezugworie Chief Operating Officer 514,575
------------------------- -------------------------
* The number of shares awarded was calculated by dividing the
monetary value of the Award by the share price on the Commencement
Date (i.e. GBP0.92).
No consideration was paid for the grant of the above sign-on
share award and no consideration is due on the vesting of the
sign-on award.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
Mrs. Edith Onwuchekwa
Director, Legal/Company Secretary
FOR: SEPLAT ENERGY PLC.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Samson Ezugworie
---------------------------------------------- ---------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Chief Operating Officer
---------------------------------------------- ---------------------------------------
b) Initial notification Initial notification
/ Amendment
---------------------------------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name Seplat Energy PLC
---------------------------------------------- ---------------------------------------
b) LEI 029200711C4S4CB2E982
---------------------------------------------- ---------------------------------------
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 Ordinary shares of Seplat Energy PLC
financial instrument, of 0.5 Naira each
type of instrument
Identification code
NGSEPLAT0008
---------------------------------------------- ---------------------------------------
b) Nature of the transaction Grant of the 2022 LTIP Award
---------------------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 514,575
---------- ----------
---------------------------------------------- ---------------------------------------
d) Aggregated information - Aggregated volume
- Price 514,575 ordinary shares of 0.5 Naira
------------------ each
Nil consideration
---------------------------------------------- ---------------------------------------
e) Date of the transaction 04 August 2022
---------------------------------------------- ---------------------------------------
f) Place of the transaction Outside a trading venue
---------------------------------------------- ---------------------------------------
Enquiries:
Seplat Energy PLC
Edith Onwuchekwa, Company +234 1 277 0400 Ext 1110
Secretary +234 1 277 0444 Ext 1108
Ngozi Osuzoka (Company Secretariat)
--------------------------
FTI Consulting
--------------------------
Ben Brewerton / Sara Powell +44 (0) 203 727 1000
/ James Styles seplat@fticonsulting.com
--------------------------
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END
DSHSSWSUIEESEDA
(END) Dow Jones Newswires
August 05, 2022 08:00 ET (12:00 GMT)
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