REG-Genel Energy PLC Genel Energy PLC: 2026 Awards - Notification of Transactions by Persons Discharging Managerial Responsibilities (‘PDMRs’)
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Genel Energy PLC (GENL)
Genel Energy PLC: 2026 Awards - Notification of Transactions by Persons
Discharging Managerial Responsibilities (‘PDMRs’)
30-March-2026 / 14:49 GMT/BST
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30 March 2026
Genel Energy plc (the ‘Company’)
2026 Awards - Notification of Transactions by
Persons Discharging Managerial Responsibilities (‘PDMRs’)
Pursuant to the notification obligations under UK Market Abuse Regulations
Article 19.1 the Company granted awards over its ordinary shares of 10
pence each under the 2021 Performance Share Plan (‘PSP’) on 30 March 2026
to the PDMRs set out below.
PSP awards
PSP awards granted were made in the form of nil-cost options which become
exercisable following the end of a three year performance period, subject
to the satisfaction of performance targets.
No. of shares subject Total number of shares over which
Name to PSP Award options/awards are held following
notification
Paul Weir 1,423,532 4,551,401
Luke Clements 656,521 2,042,924
Mike Adams 665,543 2,140,496
DBP award
In addition, Paul Weir deferred a proportion of his CEO 2025 cash bonus
into Company shares under the DBP. The DBP award was made in the form of
nil-cost options that become exercisable after two years. Options are then
exercisable until the tenth anniversary of the grant date.
No. of shares subject to Total number of shares over which
Name Deferred Bonus Share Award options/awards are held following
notification
Paul Weir 242,100 4,551,401
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Paul Weir
2 Reason for Notification
a) Position/status CEO
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
Details of the transaction(s): section to be replaced for (i) each
4 type of instrument; (ii) each type of transaction; (iii) each date
(iv) each place where transaction have been conducted
Description of the financial Ordinary shares of 10 pence each
instrument, type of instrument
a)
Identification code
JE00B55Q3P39
Grant of nil-cost options under the
b) Nature of the transaction Company’s Performance Share Plan
Nil cost
c) Price(s) and volumes(s)
1,423,532
Aggregated information
d) -Aggregated volume
1,423,532
-Price
Nil
e) Date of the transaction 30 March 2026
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Paul Weir
2 Reason for Notification
a) Position/status CEO
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
Details of the transaction(s): section to be replaced for (i) each
4 type of instrument; (ii) each type of transaction; (iii) each date
(iv) each place where transaction have been conducted
Description of the financial Ordinary shares of 10 pence each
instrument, type of instrument
a)
Identification code
JE00B55Q3P39
Grant of nil-cost options under the
b) Nature of the transaction Company’s Deferred Bonus Plan
Nil cost
c) Price(s) and volumes(s)
242,100 shares
Aggregated information
d) -Aggregated volume
242,100
-Price
Nil
e) Date of the transaction 30 March 2026
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Luke Clements
2 Reason for Notification
a) Position/status CFO
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
Details of the transaction(s): section to be replaced for (i) each
4 type of instrument; (ii) each type of transaction; (iii) each date
(iv) each place where transaction have been conducted
Description of the financial Ordinary shares of 10 pence each
instrument, type of instrument
a)
Identification code
JE00B55Q3P39
b) Nature of the transaction Grant of nil-cost options under the
Company’s Performance Share Plan
Nil cost
c) Price(s) and volumes(s)
656,521 shares
Aggregated information
d) -Aggregated volume
656,521
-Price
Nil
e) Date of the transaction 30 March 2026
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Mike Adams
2 Reason for Notification
a) Position/status Technical Director
b) Initial notification / Initial notification
Amendment
3 Details of the issuers, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Genel Energy plc
b) LEI 549300IVCJDWC3LR8F94
Details of the transaction(s): section to be replaced for (i) each
4 type of instrument; (ii) each type of transaction; (iii) each date
(iv) each place where transaction have been conducted
Description of the financial Ordinary shares of 10 pence each
instrument, type of instrument
a)
Identification code
JE00B55Q3P39
b) Nature of the transaction Grant of nil-cost options under the
Company’s Performance Share Plan
Nil cost
c) Price(s) and volumes(s) 665,543 shares
Aggregated information
d) -Aggregated volume
665,543
-Price
Nil
e) Date of the transaction 30 March 2026
f) Place of the transaction Outside a trading venue
-ends-
For further information please contact:
Genel Energy
+44 20 7659 5100
Luke Clements, CFO
Vigo Consulting
+44 20 7390 0230
Patrick d’Ancona
Notes to editors:
Genel Energy is a socially responsible oil producer listed on the main
market of the London Stock Exchange (LSE: GENL, LEI:
549300IVCJDWC3LR8F94). For further information, please refer to
www.genelenergy.com
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Dissemination of a Regulatory Announcement, transmitted by 1 EQS Group.
The issuer is solely responsible for the content of this announcement.
View original content: 2 EQS News
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ISIN: JE00B55Q3P39, NO0010894330
Category Code: DSH
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 422576
EQS News ID: 2300522
End of Announcement EQS News Service
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