Exercise of nil-cost awards under the Company's Long Term Incentive Plan
Capricorn Energy PLC
25 September 2026
FOR IMMEDIATE RELEASE 25 September 2026
CAPRICORN ENERGY PLC (“Capricorn” or the “Company”)
Interests of Directors / Persons Discharging Managerial Responsibility (“PDMRs”)
in the Company’s Shares
Exercise of options under the Company's Long Term Incentive Plan (2017)
Capricorn announces that it received the notification set out below, made in accordance with Article 19 of the UK Market Abuse Regulation, from Nathan Piper, Commercial Director of the Company and a person discharging managerial responsibilities ("PDMR").
On 25 September 2026, Mr Piper exercised 78,830 nil-cost awards held under the Company's long-term incentive plan and, on the same day, sold the resulting 78,830 ordinary shares of the Company at a price of £4.420000 per share on the London Stock Exchange.
Following these transactions, Mr Piper's beneficial interests in the Shares in the Company are as follows:
Executive Director / PDMR |
Current Shares |
% Issued Share Capital |
Outstanding entitlements under 2017 LTIP and DBP
| |
Awards still subject to performance conditions |
Awards not subject to performance conditions* | |||
Nathan Piper |
13,334 |
0.019 |
299,218 |
37,761 |
* This column includes (i) all outstanding awards under the 2017 LTIP that have vested following the expiry of the applicable performance period; and (ii) all outstanding awards under the DBP, the vesting of which is not subject to performance condition satisfaction.
The following notifications are intended to satisfy the Company’s obligations under Article 19(3) of EU Regulation No 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.
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
Ref |
Item |
Detail |
a) |
Name |
Nathan Piper |
2.Reason for the notification
Ref |
Item |
Detail |
a) |
Position/status |
Commercial Director (person discharging managerial responsibilities) |
b) |
Initial notification/Amendment |
Initial notification |
3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Ref |
Item |
Detail |
a) |
Name |
Capricorn Energy plc |
b) |
LEI |
213800ZJEUQ8ZOC9AL24 |
4.Details of the transaction(s)
Transaction 1 — Exercise of long-term incentive plan awards
Ref |
Item |
Detail |
a) |
Description of the financial instrument, type of instrument, identification code |
Ordinary shares of 799/122 pence each ISIN GB00BNKT5L33 |
b) |
Nature of the transaction |
Exercise of nil-cost awards under the Company's Long Term Incentive Plan |
c) |
Price(s) and volume(s) |
Price: £nil (nil-cost award); Volume: 78,830 |
d) |
Aggregated information — aggregated volume; price |
Aggregated volume: 78,830; Price: £nil |
e) |
Date of the transaction |
25 September 2026 |
f) |
Place of the transaction |
Outside a trading venue |
Transaction 2 — Sale of ordinary shares
Ref |
Item |
Detail |
a) |
Description of the financial instrument, type of instrument, identification code |
Ordinary shares of 799/122 pence each ISIN GB00BNKT5L33 |
b) |
Nature of the transaction |
Sale of ordinary shares |
c) |
Price(s) and volume(s) |
Price: £4.420000; Volume: 78,830 |
d) |
Aggregated information — aggregated volume; price |
Aggregated volume: 78,830; Price (weighted average): £4.420000 |
e) |
Date of the transaction |
25 September 2026 |
f) |
Place of the transaction |
London Stock Exchange (XLON) |
Enquiries
For further information, please contact:
Capricorn Energy plc
[Contact name]
[Telephone]
[Email]
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