Capricorn Energy PLC Director/PDMR Shareholding (7556R)
October 30 2023 - 12:19PM
UK Regulatory
TIDMCNE
RNS Number : 7556R
Capricorn Energy PLC
30 October 2023
FOR IMMEDIATE RELEASE 30 October 2023
CAPRICORN ENERGY PLC ("Capricorn" or "the Company")
Interests of Directors / Persons Discharging Managerial
Responsibility ("PDMRs")
in the Company's Shares
1. Purchase of Dividend Shares under the Company's 2010 Share
Incentive Plan (the "SIP" or the "Plan")
Following the payment of the special dividend that was approved
at the Company's general meeting held on 5 October 2023 (the
"Special Dividend"), Capricorn announces that on 27 October 2023,
the trustee of the Company's HMRC approved all-employee SIP
purchased ordinary shares of (735) /(143) pence each in the Company
("Ordinary Shares") in the market at a price of GBP1.6495 per
Ordinary Share on behalf of those participants in the SIP who had
elected to reinvest in further shares the Special Dividend payable
on their holdings under the Plan.
As explained in the circular to shareholders dated 15 September
2023, any Ordinary Shares purchased in the above manner are classed
as "Dividend Shares" for the purposes of the SIP and are subject to
a mandatory three-year holding period during which they cannot
normally be sold or otherwise withdrawn from the Plan. Any SIP
participant who did not elect to reinvest in Dividend Shares
received their Special Dividend in cash.
Details of the Executive Directors and PDMRs who elected to
reinvest the Special Dividend payable on their holdings in the SIP
are as follows:
Number of Dividend
Director / PDMR Shares Acquired
Randy Neely, Chief Executive 711
-------------------
Nathan Piper, Commercial Director 711
-------------------
2. Summary of current holdings of Executive Directors / PDMRs
Following this announcement, the Executive Directors' and PDMRs'
beneficial interests in the Ordinary Shares of the Company are as
follows:
Executive Director / Previous Current Shares % Issued Share Outstanding entitlements under 2017 LTIP
PDMR Shares* Capital
Unvested Awards Vested but
still subject to unexercised Awards
performance **
conditions
-------------------- ---------------------
Randy Neely 1,396 2,107 0.001 538,502 0
--------- --------------- --------------------- -------------------- ---------------------
Nathan Piper 1,396 2,107 0.001 107,700 0
--------- --------------- --------------------- -------------------- ---------------------
* This share number is the relevant holding following the 2 for
3 ordinary share consolidation that took place on 6 October
2023.
** This column includes all outstanding awards that have vested
following the expiry of the applicable performance period,
regardless of whether or not they are currently capable of being
exercised under the rules of the 2017 LTIP.
The following notifications are intended to satisfy the
Company's obligations under Article 19(3) of EU Regulation No
596/2014 as it forms part of domestic law by virtue of the European
Union (Withdrawal) Act 2018.
1 Details of the person discharging managerial responsibilities/person
closely associated
-------------------------------------------------------------------------------
a) Name Randy Neely
---- -------------------------- ---------------------------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------
a) Position/status Chief Executive
---- -------------------------- ---------------------------------------------------
b) Initial notification/ Initial Notification
Amendment
---- -------------------------- ---------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---- -------------------------------------------------------------------------------
a) Name Capricorn Energy PLC
---- -------------------------- ---------------------------------------------------
b) LEI 213800ZJEUQ8ZOC9AL24
---- -------------------------- ---------------------------------------------------
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 Ordinary shares of 735/143 pence each ("Shares")
the financial
instrument, type
of instrument
----
Identification GB00BRJ7R218
code
---- -------------------------- ---------------------------------------------------
b) Nature of the Shares purchased under the Company's all-employee
transaction Share Incentive Plan (2010) following an election
to reinvest a special dividend.
---- -------------------------- ---------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------
GBP1.6495 711
----------- ----------
---- -------------------------- ---------------------------------------------------
d) Aggregated information
* Aggregated volume
Not applicable
* Price
---- -------------------------- ---------------------------------------------------
e) Date of the transaction 27 October 2023
---- -------------------------- ---------------------------------------------------
f) Place of the transaction London Stock Exchange
---- -------------------------- ---------------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
-------------------------------------------------------------------------------
a) Name Nathan Piper
---- -------------------------- ---------------------------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------------------
a) Position/status Commercial Director
---- -------------------------- ---------------------------------------------------
b) Initial notification/ Initial Notification
Amendment
---- -------------------------- ---------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---- -------------------------------------------------------------------------------
a) Name Capricorn Energy PLC
---- -------------------------- ---------------------------------------------------
b) LEI 213800ZJEUQ8ZOC9AL24
---- -------------------------- ---------------------------------------------------
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 Ordinary shares of 735/143 pence each ("Shares")
the financial
instrument, type
of instrument
----
Identification GB00BRJ7R218
code
---- -------------------------- ---------------------------------------------------
b) Nature of the Shares purchased under the Company's all-employee
transaction Share Incentive Plan (2010) following an election
to reinvest a special dividend.
---- -------------------------- ---------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------
GBP1.6495 711
----------- ----------
---- -------------------------- ---------------------------------------------------
d) Aggregated information
* Aggregated volume
Not applicable
* Price
---- -------------------------- ---------------------------------------------------
e) Date of the transaction 27 October 2023
---- -------------------------- ---------------------------------------------------
f) Place of the transaction London Stock Exchange
---- -------------------------- ---------------------------------------------------
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END
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