EnQuest PLC Director/PDMR Shareholding (0056U)
March 30 2021 - 8:34AM
UK Regulatory
TIDMENQ
RNS Number : 0056U
EnQuest PLC
30 March 2021
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. The Amjad & Suha Bseisu Foundation
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2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status 1. Chief Executive of EnQuest PLC
2. The Amjad & Suha Bseisu Foundation
is a registered charity, of which Amjad
Bseisu (CEO of EnQuest PLC) is a Trustee.
---------------------------------- ----------------------------------------------------------------------------
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
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b) LEI 2138008LJU6WFQWOXJ73
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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 1. Amjad Bseisu's EnQuest Nil Cost
Share Options granted under the 2017
EnQuest Performance Share Plan are
being exercised.
2. The shares are being transferred
directly into the Amjad & Suha Bseisu
Foundation.
On completion of the exercise and transfer
process, Amjad Bseisu will have the
ability to influence voting in respect
of the following shareholdings in EnQuest
PLC:
* The shareholding of Double A Limited, a discretionary
trust in which the extended family of Amjad Bseisu
has a beneficial interest - 9.51% (161,380,583
shares)
* The shareholding of The Amjad & Suha Bseisu
Foundation, a registered charity, of which Amjad
Bseisu (CEO of EnQuest PLC) is a Trustee - 1.21%
(20,554,304 shares)
* The shareholding of Amjad Bseisu - 0.01% (167,547
shares).
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c) Price(s) and volume(s)
------------------------ ----------------------------------
Price Volume(s)
------------------------ ----------------------------------
1. GBPn/a 2,396,980
------------------------ ----------------------------------
2. GBPn/a 2,396,980
------------------------ ----------------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
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e) Date of the transactions 30 March 2021
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f) Place of the transactions n/a
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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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