Notification of Transactions by
Persons Discharging Management Responsibility ('PDMRs').
Director/PDMR Shareholding
EnQuest PLC (the "Company")
30 April 2013
Notification of Transactions by Persons Discharging Management Responsibility
('PDMRs').
Pursuant to the Company's obligations under Disclosure and Transparency Rule
3.1.4, the Company hereby notifies that the Company's Remuneration Committee
granted the following awards to Directors and PDMRs of Ordinary Shares of £0.05
each in the Company (the "Shares") under the EnQuest Performance Share Plan
("PSP") on 29 April 2013.
Awards granted to Directors and PDMRs on 29 April 2013 under the PSP were as
follows:-
Director/ PSP Award Total number of shares held
PDMR 29 April under the PSP following the
2013 Award
Amjad 490,000 1,464,880
Bseisu
Jonathan 300,000 879,638
Swinney
David 120,000 240,000
Heslop
On 29 April 2013, the PSP Awards granted to Directors and PDMRs were made in the
form of nil-cost options (as permitted under the rules of the PSP) and will vest
100% on the third anniversary of the date of grant (29 April 2016), subject to
the achievement of performance targets over three financial years (2013 to 2015)
and continued employment with the EnQuest Group, each being exercisable up to
the tenth anniversary of the date of grant.
If participants and their connected persons hold Shares outside the PSP (or any
other Company share incentive scheme), separate announcements are made under the
Disclosure and Transparency Rules as required.
Contact for enquiries:
EnQuest PLC
Paul Waters
Company Secretary
020 7925 4900
Director/PDMR Shareholding
| Source: EnQuest PLC