Star Energy Group PLC Additional Listing Director/PDMR Shareholding (4729R)
27 Ottobre 2023 - 8:00AM
UK Regulatory
TIDMSTAR
RNS Number : 4729R
Star Energy Group PLC
27 October 2023
27 October 2023
Star Energy Group plc ("Star Energy" or the "Company")
Additional Listing Director/PDMR Shareholding
The Company announces that an application has been made to the
London Stock Exchange for a total of 252,785 Ordinary Shares of
0.002p each (the "SIP Shares") to trade on the AIM market of London
Stock Exchange ("AIM") under the Star Energy Group plc Share
Incentive Plan ("SIP"). Subject to admission, the SIP Shares will
be held by Equiniti Share Plan Trustees Limited (the "SIP
Trustees").
The number of shares to be issued under the SIP has been
calculated with reference to the mid-market closing price of 11.50p
on 20 October 2023, in accordance with the rules of the SIP . The
SIP Shares shall rank equally with the existing issued shares of
the Company. It is expected that admission to AIM will become
effective on or around 1 November 2023.
Details of the subscription and allocation under the SIP by
Persons Discharging Managerial Responsibility ("PDMR") for the
quarter are set out below.
PDMR Share subscription Matching Resulting Voting Total Resulting
under the SIP Allocation Rights Voting Rights
(%)
Frances
Ward 3,913 7,826 11,739 0.09%
------------------- ------------ ----------------- ----------------
The issued share capital of the Company following the above
detailed issue of shares will be 128,345,189 Ordinary Shares; the
number of deferred shares remains 303,305,534. The total number of
voting rights in Star Energy will be 128,345,189 Ordinary Shares ,
which should be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in Star
Energy under the Financial Conduct Authority's Disclosure Guidance
and Transparency Rules.
Further details on the SIP are set out in the appendix to this
announcement.
The information set out below is provided in accordance with the
requirements of the UK Market Abuse Regulation:
1. Details of PDMR / person closely associated
==============================================================================
a) Name (i) Frances Ward
========================= ===================================================
2. Reason for the notification
==============================================================================
a) Position / (i) Chief Financial Officer
status
========================= ===================================================
b) Initial notification Initial notification
/amendment
========================= ===================================================
3. Details of the issuer
==============================================================================
a) Name Star Energy Group plc
========================= ===================================================
b) LEI 213800S8WP2L294NR559
========================= ===================================================
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 Ordinary Shares of 0.002p each
of the financial
instrument
========================= ===================================================
b) Identification ISIN for Star Energy Group plc: GB00BZ042C28
code of the
Financial
Instrument
========================= ===================================================
c) Nature of Acquisition of Ordinary Shares in Star Energy Group
the transaction plc under SIP by the SIP Trustees pursuant to the
SIP
========================= ===================================================
d) Price(s) and Price Volume
volume(s) (i) GBP0.115 (i) 11,739
----------------
========================= ===================================================
e) Aggregated N/A
information
* Aggregated volume
* Price
========================= ===================================================
f) Date of the 24 October 2023
transaction
========================= ===================================================
g) Place of the London Stock Exchange, AIM
transaction
========================= ===================================================
ENQUIRIES
For further information please contact:
Star Energy Group plc Tel: +44 (0)20 7993 9899
Chris Hopkinson, Chief Executive Officer
Ann-marie Wilkinson, Chief of Staff.
Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44
(0)20 7597 5970
Virginia Bull/Chris Sim/Charles Craven
Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000
Henry Fitzgerald-O'Connor/James Asensio
Vigo Consulting Tel: +44 (0)20 7390 0230
Patrick d'Ancona/Finlay Thomson/Kendall Hill
APPENDIX
About the Star Energy SIP
In 2013, the Company adopted an Inland Revenue approved Share
Investment Plan for all employees of the Group. The scheme is a tax
efficient incentive plan pursuant to which all Company employees
are eligible to subscribe for up to GBP150 (or 10% of salary, if
less) worth of Star Energy ordinary shares per month. On a
three-monthly basis, the Company matches employees' monthly
subscriptions on a 1-to-1 basis and, subject to the Company having
met pre-defined quarterly production targets, will increase the
matching element for that quarter to 2-to-1. To receive their
allocation of matching shares, employees must ordinarily remain
employed by the Company for a period of 3 years. Shares issued
under the SIP are held by the SIP Trustees.
Under the SIP, during the vesting period the recipient retains
the voting rights and dividend rights associated with the matching
allocation shares however, is unable to sell the shares until the
vesting criteria have been fulfilled. The matching allocation
shares will be issued to the Company's Employee Benefit Trust and
held until vesting conditions have been met. The participant
retains the full rights over any subscription shares.
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 or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFEEEEMEDSEES
(END) Dow Jones Newswires
October 27, 2023 02:00 ET (06:00 GMT)
Grafico Azioni Igas Energy (LSE:IGAS)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Igas Energy (LSE:IGAS)
Storico
Da Apr 2023 a Apr 2024
