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
| |||
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 /Amendment
| Initial notification | |||
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 financial instrument, type of instrument | £0.05 ordinary shares | |||
| | ||||
Identification code | GB00B635TG28 | ||||
| | ||||
b)
| Nature of the transaction
| 1. Amjad Bseisu's EnQuest Nil Cost Share Options granted under the 2018 and 2019 EnQuest Performance Share Plans 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 company beneficially owned by the extended family of Amjad Bseisu - 10.48% (197,659,025 shares) · The shareholding of The Amjad & Suha Bseisu Foundation, a registered charity, of which Amjad Bseisu (CEO of EnQuest PLC) is a Trustee - 1.72% (32,504,731 shares) · The shareholding of Amjad Bseisu - 0.009% (176,959 shares).
| |||
c)
| Price(s) and volume(s) | | | | |
| | Price | Volume(s) | | |
| 1. | £n/a | 4,604,010 | | |
| 2. | £n/a | 4,604,010 | | |
| | | | | |
d) | Aggregated information
- Aggregated volume - Price
| n/a
| | ||
e)
| Date of the transactions
| 29 July 2022
| |||
f)
| Place of the transactions
| n/a |
Ends
For further information please contact:
EnQuest PLC Tel: +44 (0)20 7925 4900
Kate Christ
Acting Company Secretary
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