21 Dec 2017 11:30
Aggregated Micro Power Holdings plc
("AMP", the "Company" or the "Group")
Director Dealing
21 December 2017
Aggregated Micro Power Holdings plc (AIM: AMPH), a distributed energy company specialising in the sale of wood fuels and the financing and installation of distributed energy projects including biomass boiler ESCOs (energy supply contracts), stand by power generation and battery storage facilities, was notified on 21 December 2017 that on the same day Richard Burrell, CEO of the Company, transferred, via sale and purchase (the "Transfer"), 30,000 ordinary shares of 0.5 pence each in the Company ("Shares"). He sold 30,000 Shares at a price of 84.9 pence per Share from an account in his own name and bought 30,000 Shares at a price of 85 pence per Share to be held in his self-invested personal pension.
Following the Transfer, there is no change to Mr Burrell's total beneficial interest in the Company, being 2,730,000 Shares representing approximately 6.3% of the Company's issued share capital; and £400,000 nominal of CLN's.
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 | Richard Burrell | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Aggregated Micro Power Holdings plc | ||||
b) | LEI | 2138001HABA1FAB3WC13 | ||||
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 instrument, type of instrument | Ordinary Shares of 0.5 pence | ||||
Identification code | GB00BC4F3V69 | |||||
b) | Nature of the transaction | Transfer via sale and purchase | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: · Aggregated volume · Price | Transfer via sale of 30,000 ordinary shares at 84.9p per ordinary share and purchase of 30,000 ordinary shares at 85p per ordinary share from Mr Burrell's own name to his self-invested personal pension | ||||
e) | Date of the transaction | 21 December 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
Enquiries:
Aggregated Micro Power Holdings plc Tel: 020 7382 7800
Neil Eckert, Executive Chairman
Richard Burrell, CEO
Helene Crook, Investor Relations
finnCap Ltd (NOMAD & Broker) Tel: 020 7220 0500
Ed Frisby/Simon Hicks (corporate finance)
Stephen Norcross/Sultan Awan (corporate broking)
Haggie Partners (Financial PR) Tel: 020 7562 4444
Peter Rigby/Brian Norris
Notes to Editors:
About Aggregated Micro Power Holdings plc
The AMP Group was established to develop, own and operate renewable energy generating facilities. It specialises in the sale of wood fuels and in the installation of distributed energy projects. AMP's wholly owned subsidiary Forest Fuels sells high quality wood chip and wood pellet to end customers throughout the UK, while its projects division installs biomass boiler and biomass CHP systems for a wide range of applications and customers. AMP is also active in developing projects for stand-by power generation and battery storage facilities which aim to balance the transmission grid at times of peak demand. www.ampplc.co.uk
www.ampplc.co.uk
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.