TIDMENQ

RNS Number : 9503E

EnQuest PLC

23 October 2018

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                                      1. Amjad Bseisu 
                                                  2. Jonathan Swinney 
                                                  3. Stefan Ricketts 
                                                  4. Bob Davenport 
      -----------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                     1. CEO 
                                            2. CFO 
                                            3. General Counsel and Company Secretary 
                                            4. MD - North Sea 
      -----------------------------  ------------------------------------------------------- 
 b)    Initial notification           Initial notification 
        /Amendment 
      -----------------------------  ------------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                           EnQuest PLC 
      -----------------------------  ------------------------------------------------------- 
 b)    LEI                            2138008LJU6WFQWOXJ73 
      -----------------------------  ------------------------------------------------------- 
 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             GBP0.05 ordinary shares 
        financial instrument, 
        type of instrument 
 
       Identification code            GB00B635TG28 
 
 b)    Nature of the transaction      Adjustment of awards by a factor of 1.17 
                                       to reflect the effect of the Company's 
                                       Rights Issue. Awards have been increased 
                                       by the following amounts: 
      -----------------------------  ------------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                               --------------------------  ------------- 
                                                              Price(s)      Volume(s) 
                                               ------------                ------------- 
                                      1.        PSP           n/a           1,897,005 
                                                 RSP                         408,724 
                                                 ED-DB*                      193,497 
                                               ------------  ------------  ------------- 
                                      2.        PSP           n/a           1,222,943 
                                                 RSP                         129,977 
                                                 ED-DB*                      265,165 
                                               ------------  ------------  ------------- 
                                      3.        PSP           n/a           244,624 
                                                 RSP                         46,437 
                                               ------------  ------------  ------------- 
                                      4.        PSP           n/a           441,722 
                                                 RSP                         199,682 
                                               ------------  ------------  ------------- 
 
                                        *Executive Director Bonus Share Award 
 ----------------------------------  --------------------------------------------------- 
 d)    Aggregated information         n/a 
 
        - Aggregated volume 
        - Price 
      -----------------------------  --------  ----------------------------------------- 
 e)    Date of the transaction        22 October 2018 
      -----------------------------  ------------------------------------------------------- 
 f)    Place of the transaction                  Ouside a trading venue 
      -----------------------------  ------------------------------------------------------- 
 

Ends

For further information please contact:

EnQuest PLC Tel: +44 (0)20 7925 4900

Stefan Ricketts

Company Secretary

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END

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October 23, 2018 11:47 ET (15:47 GMT)

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