31 Mar 2022 07:00
31 March 2022
AMTE Power Plc
PDMR Dealing and Holding(s) in Company
AMTE Power Plc ("AMTE" or the "Company"), a developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, was notified on 30 March 2022 that the following PDMR dealings took place:
Name | Position | Shares Purchased | Volume-Weighted Average Price | Date of Trade | Post-Transaction Shareholding |
Kevin Brundish | Chief Executive Officer | 5,000 ordinary shares | 83 pence per share | 30 Mar 2022 | 1,985,940 ordinary shares |
James Hobson | Chief Financial Officer | 5,000 ordinary shares | 79 pence per share | 29 Mar 2022 | 5,000 ordinary shares |
David Morgan | Non-Executive Chairman | 10,000 ordinary shares | 80 pence per share | 28 Mar 2022 | 296,715 ordinary shares |
Adam Park | Non-Executive Director | 6,250 ordinary shares | 80 pence per share | 28 Mar 2022 | 31,513 ordinary shares |
John Thurso | Non-Executive Director | 5,000 ordinary shares | 86 pence per share | 28 Mar 2022 | 5,000 ordinary shares |
Alyson Levett | Non-Executive Director | 6,261 ordinary shares | 80 pence per share | 29 Mar 2022 | 6,261 ordinary shares |
The notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Kevin Brundish | ||||
2. | Reason for the notification | |||||
a) | Position / status | CEO | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AMTE Power plc | ||||
b) | LEI | 213800D4QZXUAZR6K870 | ||||
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 Identification Code | Ordinary Shares of GBP0.005 ISIN: GB00BNQRZZ55 | ||||
b) | Nature of the transaction(s) | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
5,000 83 p | ||||
e) | Date of the transaction | 30 March 2022 | ||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | James Hobson | ||||
2. | Reason for the notification | |||||
a) | Position / status | CFO | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AMTE Power plc | ||||
b) | LEI | 213800D4QZXUAZR6K870 | ||||
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 Identification Code | Ordinary Shares of GBP0.005 ISIN: GB00BNQRZZ55 | ||||
b) | Nature of the transaction(s) | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
5,000 79 p | ||||
e) | Date of the transaction | 29 March 2022 | ||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | David Morgan | ||||
2. | Reason for the notification | |||||
a) | Position / status | Non-Executive Chairman | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AMTE Power plc | ||||
b) | LEI | 213800D4QZXUAZR6K870 | ||||
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 Identification Code | Ordinary Shares of GBP0.005 ISIN: GB00BNQRZZ55 | ||||
b) | Nature of the transaction(s) | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
10,000 80 p | ||||
e) | Date of the transaction | 28 March 2022 | ||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Clearpath Consultancy Limited (a vehicle of Adam Park) | ||||
2. | Reason for the notification | |||||
a) | Position / status | Non-Executive Director | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AMTE Power plc | ||||
b) | LEI | 213800D4QZXUAZR6K870 | ||||
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 Identification Code | Ordinary Shares of GBP0.005 ISIN: GB00BNQRZZ55 | ||||
b) | Nature of the transaction(s) | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
6,250 80 p | ||||
e) | Date of the transaction | 28 March 2022 | ||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Viscount John Thurso PC | ||||
2. | Reason for the notification | |||||
a) | Position / status | Non-Executive Director | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AMTE Power plc | ||||
b) | LEI | 213800D4QZXUAZR6K870 | ||||
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 Identification Code | Ordinary Shares of GBP0.005 ISIN: GB00BNQRZZ55 | ||||
b) | Nature of the transaction(s) | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
5,000 86 p | ||||
e) | Date of the transaction | 28 March 2022 | ||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Alyson Levett | ||||
2. | Reason for the notification | |||||
a) | Position / status | Non-Executive Director | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AMTE Power plc | ||||
b) | LEI | 213800D4QZXUAZR6K870 | ||||
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 Identification Code | Ordinary Shares of GBP0.005 ISIN: GB00BNQRZZ55 | ||||
b) | Nature of the transaction(s) | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
6,261 80 p | ||||
e) | Date of the transaction | 29 March 2022 | ||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||
For further information contact:
AMTE Power plc Kevin Brundish (Chief Executive Officer) James Hobson (Chief Financial Officer) | Tel: +44 (0)1847 867 200 |
WH Ireland Limited (NOMAD and Joint Broker) Chris Fielding / Ben Good | Tel: +44 (0)207 220 1666 |
SI Capital Limited (Joint Broker) Nick Emerson / Nick Briers | Tel: +44 (0)1483 413 500 |
Camarco Ginny Pulbrook / Tom Huddart / Rosie Driscoll | Tel: +44 (0)203 757 4992 |
ABOUT AMTE POWER PLC
AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets. In March 2021, the Company listed on the AIM market of the London Stock Exchange, making the Company the only listed UK battery manufacturer. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance and safety. These new products are targeted at a range of specialist markets including the automotive industry, oil and gas market and energy storage sector. AMTE's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. For further information visit the Company's website: www.amtepower.com