Essar Energy plc Annex DTR3 (1145H)
May 14 2014 - 7:50AM
UK Regulatory
TIDMESSR
RNS Number : 1145H
Essar Energy plc
14 May 2014
Annex DTR3
Notification ofTransactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
Please complete all relevant boxes should in block capital
letters.
State whether the notification
relates to (i) a transaction
notified in accordance with
DTR
3.1.2 R, (ii) a disclosure
made in accordance with section
793 of the Companies Act 2006,
or (iii) in accordance with
paragraph 26 of the Model Code
Name of the issuer
(i) A transaction in accordance
1. ESSAR ENERGY PLC 2. with DTR 3.1.2R
------ --------------------------------------- ------ ---------------------------------------------------
3. Name of person discharging 4. State whether notification
managerial responsibilities/director relates to a
person connected with a person
Prashant Ruia and Ravi Ruia discharging managerial responsibilities/director
named
in 3 and identify the connected
person
Essar BIDCO HOLDINGS limited
------ --------------------------------------- ------ ---------------------------------------------------
Indicate whether the notification Description of shares (including
is in respect of a holding class), debentures or derivatives
of the person referred to or financial instruments relating
in 3 or 4 above or in respect to shares
of a non-beneficial interest1
ORDINARY SHARES of 5p EACH
5. HOLDING 6. IN THE CAPITAL OF ESSAR ENERGY
------ --------------------------------------- ------ ---------------------------------------------------
Name of registered shareholders(s)
and, if more than one, the
number of shares held by State the nature of the transaction
each of them
ACCEPTANCES UNDER OFFER FOR
7. Essar BIDCO HOLDINGS limited 8 ORDINARY SHARES IN ESSAR ENERGY
------ --------------------------------------- ------ ---------------------------------------------------
Percentage of issued class
acquired (treasury shares of
Number of shares, debentures that class should not be taken
or financial instruments into account when calculating
relating to shares acquired percentage)
9. N/A 10. N/A
------ --------------------------------------- ------ ---------------------------------------------------
Percentage of issued class
disposed (treasury shares of
Number of shares, debentures that class should not be taken
or financial instruments into account when calculating
relating to shares disposed percentage)
11. 108,048,246 ORDINARY SHARES 12. 8.29%
------ --------------------------------------- ------ ---------------------------------------------------
Price per share or value
of transaction Date and place of transaction
70 PENCE PER ORDINARY SHARE
13. IN ESSAR ENERGY 14. 9 MAY 2014
------ --------------------------------------- ------ ---------------------------------------------------
Total holding following notification
and total percentage holding
following notification (any
treasury shares should not
be taken into account when
calculating percentage) Date issuer informed of transaction
15. 108,048,246 SHARES 16. 13 MAY 2014
------ --------------------------------------- ------ ---------------------------------------------------
If a person discharging managerial responsibilities has been
granted options bythe issuer complete the following boxes
Period during which or date
17 Date of grant 18. on which exercisable
------ ---------------------------------- ------ --------------------------------------
Total amount paid (if any) Description of shares or debentures
19. for grant of the option 20. involved (class and number)
------ ---------------------------------- ------ --------------------------------------
Exercise price (if fixed
at time of grant) or indication Total number of shares or
that price is to be fixed debentures over which options
21. at the time of exercise 22. held following notification
------ ---------------------------------- ------ --------------------------------------
Name of contact and telephone
23. Any additional information 24. number for queries
------ ---------------------------------- ------ --------------------------------------
Name of authorised officer of issuer responsible for making
notification
FRANCES MCCAW
Date of notification 13 MAY 2014
This form is intended for use by an issuer to make a RIS
notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction
relating to the shares or debentures of the issuer should complete
boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative
relating the shares of the issuer should complete boxes 1 to 4, 6,
8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options
granted to a director/person discharging managerial
responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial
instrument relating to the shares of the issuer (other than a
debenture) should complete boxes 1 to 4, 6,8, 9, 11, 13, 14, 16, 23
and
24.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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