logo-loader
RNS
viewHurricane Energy PLC

Hurricane Energy PLC - Director/PDMR Shareholding

RNS Number : 8939A
Hurricane Energy PLC
24 January 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:

Melissa Clare

2.

Reason for the notification

a)

Position/status:

General Manager (Aberdeen)

b)

Initial notification/Amendment:

Initial Notification

3.

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

a)

Name

Hurricane Energy plc

b)

LEI:

2138007Z66OO4XWKM819

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:

Identification code:

Ordinary shares of 0.1p each in Hurricane Energy plc ("Shares")

ISIN: GB00B580MF54

b)

Nature of the transaction:

Conditional share awards (Category E) to be granted for nil consideration under the Company's 2017 Performance Share Plan, subject to a three-year performance period and satisfaction of certain performance conditions including a share price hurdle of 42.74 pence per Share and vesting of the Company's Value Creation Plan (the conditions of which are disclosed in the Company's Annual Report and Accounts for the financial year ended 31 December 2018). The number of Shares that are subject to the initial award may be multiplied by the proportion of Share price growth over the performance period up to a maximum of double the initial award.

c)

Price(s) and volume(s):

 

Scheme

Price(s)

Volume(s)

PSP Category E

nil

255,373

d)

Aggregated information:

See above 4 c)

e)

Date of the transaction:

21 January 2020

f)

Place of the transaction:

Outside of trading venue

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Richard Tomlins

2.

Reason for the notification

a)

Position/status:

Development and Engineering Technical Director

b)

Initial notification/Amendment:

Initial Notification

3.

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

a)

Name

Hurricane Energy plc

b)

LEI:

2138007Z66OO4XWKM819

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:

Identification code:

Ordinary shares of 0.1p each in Hurricane Energy plc ("Shares")

ISIN: GB00B580MF54

b)

Nature of the transaction:

Conditional share awards (Category E) to be granted for nil consideration under the Company's 2017 Performance Share Plan, subject to a three-year performance period and satisfaction of certain performance conditions including a share price hurdle of 42.74 pence per Share and vesting of the Company's Value Creation Plan (the conditions of which are disclosed in the Company's Annual Report and Accounts for the financial year ended 31 December 2018). The number of Shares that are subject to the initial award may be multiplied by the proportion of Share price growth over the performance period up to a maximum of double the initial award.

c)

Price(s) and volume(s):

 

Scheme

Price(s)

Volume(s)

PSP Category E

nil

117,721

d)

Aggregated information:

See above 4 c)

e)

Date of the transaction:

21 January 2020

f)

Place of the transaction:

Outside of trading venue

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHBDGDBGDDDGGS

Quick facts: Hurricane Energy PLC

Price: 15.2

Market: LSE
Market Cap: £3.03 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE