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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 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 financial £0.05 ordinary
instrument, type of shares
instrument
Identification GB00B635TG28
code
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
Double A Limited, a
company beneficially
owned by the
extended family of
Amjad Bseisu -
10.48% (197,659,025
shares)
- ·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
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 n/a
- Aggregated volume
- Price
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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com orvisit www.rns.com.