Ithaca Energy PLC Director / PDMR Shareholdings

RNS Number : 1028I

Ithaca Energy PLC

14 October 2024

Ithaca Energy plc

("Ithaca" or "the Company")

Director / PDMR Shareholdings

Ithaca Energy plc (ITH) makes the following announcement in respect of certain disclosable transactions carried out by certain of its directors and persons discharging managerial responsibilities ("PDMRs") on 11 October 2024.

Grant of performance share awards to PDMRs

On 11 October 2024, the Company granted performance share awards ("Performance Share Awards") under the Ithaca Energy Long-Term Incentive Plan to the PDMRs listed below:

PDMR	No. of shares under Restricted Share Award
Luciano Vasques	819,970

Each Performance Share Awards are granted in the form of a nil-cost option and which will become exercisable on 11 October 2027 (or, if later, the date on which the Remuneration Committee determines that the applicable performance conditions (described below) are met).

The Performance Share Awards are subject to a relative TSR performance condition.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

For further information, please contact:

Company:

Kathryn Reid - Head of Corporate Affairs & Communications

kathryn.reid@ithacaenergy.com

FTI Consulting - PR Advisers to Ithaca Energy

Ben Brewerton / Nick Hennis

+44 (0)203 727 1000

ithaca@fticonsulting.com

Details of the person discharging managerial responsibilities/ person closely associated

Name

Luciano Vasques

Reason for the notification

Position/status

CEO

Initial notification/ Amendment

Initial Notification

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

Name

Ithaca Energy plc

LEI

21380057TNFLXPXBIP34

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

Description of the financial instrument, type of instrument

Ordinary 1p shares

Identification code

ISIN: GB00BPJHV584

Nature of the transaction

Grant of an award over ordinary shares pursuant to the Ithaca Energy Long Term Incentive Plan

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	819,970

Aggregated information

Not applicable - single transaction

Date of the transaction

11 October 2024

Place of the transaction

Outside a trading venue

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