NOTIFICATION
ITHACA ENERGY PLC (the
"Company")
Transaction
notification
The Company was notified, on 18 October
2024, that DKL Energy Limited had purchased 24,681,658
ordinary shares in the capital of the Company at a 102 pence per
share pursuant to the Call Option Agreement entered into with Eni
UK Limited in connection with the previously announced Business
Combination.
DKL Energy Limited is an indirect wholly owned
subsidiary of Delek Group Limited. Delek Group Limited is a person
closely associated with three PDMRs, Mr Idan Wallace and Mr Itshak
Tshuva and Mr Tamir Polikar, each Non-Executive Directors of the
Company.
The relevant notifications set out below are provided
in accordance with the requirements of Article 19 of the Market
Abuse Regulation.
|
1.
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Details of PDMR /
PCA
|
|
(a)
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Name
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DKL Energy Limited
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|
(b)
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Position / status
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DKL Energy Limited
PDMR Idan Wallace
PDMR Itshak Tshuva
PDMR Tamir Polikar
|
|
(c)
|
Initial notification/
amendment
|
Initial notification
|
|
2.
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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)
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Description of the financial
instrument
|
Ordinary Shares
|
|
(b)
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Nature of the
transaction
|
Purchase of shares -exercise of call option
|
|
(c)
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Price(s) and volume(s)
|
|
Price(s)
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Volume(s)
|
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£1.02 per share
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24,681,658
|
|
|
|
|
|
|
|
|
(d)
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Aggregated information
|
24,681,658 at £1.02 per share
|
|
|
-
Aggregated volume
-
Price
|
24,681,658
£25,175,291.2 (payment was net of reimbursement for
sale expenses )
|
|
(e)
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Date of the transaction
|
18.10.2024
|
|
(f)
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Place of the transaction
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Outside of trading venue
|
TR-1: Standard form for
notification of major holdings
1. Issuer Details
ISIN
GB00BPJHV584
Issuer
Name
ITHACA ENERGY PLC
UK or Non-UK
Issuer
UK
2. Reason for
Notification
An acquisition or disposal of voting rights
3. Details of
person subject to the notification obligation
Name
DKL Energy Limited
City of registered
office (if applicable)
London
Country of registered
office (if applicable)
United Kingdom
4. Details of the
shareholder
Full name of
shareholder(s) if different from the person(s) subject to the
notification obligation, above
City of registered
office (if applicable)
Country of registered
office (if applicable)
5. Date on which
the threshold was crossed or reached
03-Oct-2024
6. Date on which
Issuer notified
07-Oct-2024
7. Total positions
of person(s) subject to the notification obligation
|
|
% of voting rights attached to shares (total
of 8.A)
|
% of voting rights through financial
instruments (total of 8.B 1 + 8.B 2)
|
Total of both in % (8.A + 8.B)
|
Total number of voting rights held in
issuer
|
|
Resulting situation on the
date on which threshold was crossed or reached
|
52.218
|
0.000000
|
52.218
|
863,545,333
|
|
Position of previous
notification (if applicable)
|
|
|
|
|
8. Notified details
of the resulting situation on the date on which the threshold was
crossed or reached
8A. Voting rights
attached to shares
|
Class/Type of shares ISIN code(if
possible)
|
Number of direct voting rights
(DTR5.1)
|
Number of indirect voting rights
(DTR5.2.1)
|
% of direct voting rights (DTR5.1)
|
% of indirect voting rights
(DTR5.2.1)
|
|
GB00BPJHV584
|
863,545,333
|
0
|
52.218
|
0.000000
|
|
Sub Total 8.A
|
863,545,333
|
52.218%
|
8B1. Financial
Instruments according to (DTR5.3.1R.(1) (a))
|
Type of financial
instrument
|
Expiration
date
|
Exercise/conversion
period
|
Number of voting rights that may be acquired
if the instrument is exercised/converted
|
% of voting rights
|
|
|
|
|
|
|
|
Sub Total 8.B1
|
|
|
|
8B2. Financial
Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))
|
Type of financial instrument
|
Expiration
date
|
Exercise/conversion
period
|
Physical or cash settlement
|
Number of voting rights
|
% of voting rights
|
|
|
|
|
|
|
|
|
Sub Total 8.B2
|
|
|
|
9. Information in
relation to the person subject to the notification
obligation
2. Full chain of controlled undertakings through which
the voting rights and/or the financial instruments are effectively
held starting with the ultimate controlling natural person or legal
entities (please add additional rows as necessary)
|
Ultimate controlling
person
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Name of controlled undertaking
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% of voting rights if it equals or is higher
than the notifiable threshold
|
% of voting rights through financial
instruments if it equals or is higher than the notifiable
threshold
|
Total of both if it equals or is higher than
the notifiable threshold
|
|
Mr Itshak Sharon Tshuva
|
Delek Group Limited
|
52.218
|
|
52.218
|
10. In case of
proxy voting
Name of the proxy
holder
The number and % of
voting rights held
The date until which
the voting rights will be held
11. Additional
Information
12. Date of
Completion
22-Oct-2024
13. Place Of
Completion
London, England