RNS Number : 6136I
EnQuest PLC
02 April 2020
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jonathan Swinney

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Financial Officer, PDMR

 

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

EnQuest PLC

b)

 

LEI

 

2138008LJU6WFQWOXJ73

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

£0.05 ordinary shares



Identification code

GB00B635TG28



b)

 

Nature of the transaction

 

 

Through an irrevocable notice of exercise, agreed with the Company prior to commencement of  the closed period relating to the announcement of the 2019 full year results,  Jonathan Swinney has exercised his 2010 Restricted Share Plan options which were due to expire on their 10 year anniversary:

 

·      685,677 (granted 1 April 2010)

·      208,874 (granted 19 April 2010)

 

(i)         421,865 shares were sold for tax

(ii)         472,686 were retained by Jonathan Swinney.

 

c)

 

Price(s) and volume(s)







Price

Volume(s)



(i)

£0.078

421,865



(ii)

£0.078

472,686



 




d)

Aggregated information

 

- Aggregated volume

- Price

 

n/a

 


e)

 

Date of the transaction

 

31 March 2020

 

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

 

 

Ends

For further information please contact:

EnQuest PLC                                                                                                                  Tel: +44 (0)20 7925 4900

Stefan Ricketts    

Company Secretary

 


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