Hurricane Energy PLC Director/PDMR Shareholding (9295N)
January 23 2019 - 12:00PM
UK Regulatory
TIDMHUR
RNS Number : 9295N
Hurricane Energy PLC
23 January 2019
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: GWA Joint Venture Operations Manager
-------------------------------- ------------------------------------------
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 Ordinary shares of 0.1p each in Hurricane
financial instrument, Energy plc ("Shares")
type of instrument: ISIN: GB00B580MF54
Identification code:
-------------------------------- ------------------------------------------
b) Nature of the transaction: Conditional share awards (Category
D) granted for nil consideration
under the Company's 2017 Performance
Share Plan, subject to a three-year
performance period and a share price
hurdle of 55 pence per Share. 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
D nil 175,439
---------- ----------
-------------------------------- ------------------------------------------
d) Aggregated information: See above 4 c)
-------------------------------- ------------------------------------------
e) Date of the transaction: 18 January 2019
-------------------------------- ------------------------------------------
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 Ordinary shares of 0.1p each in Hurricane
financial instrument, Energy plc ("Shares")
type of instrument: ISIN: GB00B580MF54
Identification code:
-------------------------------- ------------------------------------------------------------------
b) Nature of the transaction: Conditional share awards granted
for nil consideration under the Company's
2017 Performance Share Plan:
* Category C - subject to certain of the performance
conditions applicable to the Company's Value Creation
Plan, previously disclosed in the Company's Annual
Report and Accounts for the financial year ended 31
December 2017.
* Category D - granted for nil consideration under the
2017 Performance Share Plan, subject to a three-year
performance period and a share price hurdle of 55
pence per Share. 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
C nil 675,000
---------- ----------
PSP Category
D nil 87,720
---------- ----------
-------------------------------- ------------------------------------------------------------------
d) Aggregated information: See above 4 c)
-------------------------------- ------------------------------------------------------------------
e) Date of the transaction: 18 January 2019
-------------------------------- ------------------------------------------------------------------
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 rns@lseg.com or visit www.rns.com.
END
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