10 Nov 2021 07:00
10 November 2021
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, has been notified on 8 November 2021 that Adam Westcott, the Company's Chief Financial Officer and a PDMR (who will be leaving AMTE on 8 December 2021 and not standing for re-election to the Board at the Company's Annual General Meeting on 17 November 2021), sold 137,500 ordinary shares in AMTE ("Ordinary Shares") at a volume-weighted average price of 161.29 pence per share.
Following this notification, Adam holds 218,588 Ordinary Shares.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | ADAM WESTCOTT | ||||
2. | Reason for the notification | |||||
a) | Position / status | Chief Financial Officer | ||||
b) | Initial notification / amendment | Initial notification 08/11/2021 | ||||
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) | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
11,487 165p | ||||
e) | Date of the transaction | 29/10/2021 | ||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | ADAM WESTCOTT | ||||||
2. | Reason for the notification | |||||||
a) | Position / status | Chief Financial Officer | ||||||
b) | Initial notification / amendment | Initial notification 08/11/2021 | ||||||
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) | Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
26,474 155p - 159p | ||||||
e) | Date of the transaction | 02/11/2021 | ||||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | ADAM WESTCOTT | ||||||
2. | Reason for the notification | |||||||
a) | Position / status | Chief Financial Officer | ||||||
b) | Initial notification / amendment | Initial notification 08/11/2021 | ||||||
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) | Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information - Aggregated volume - Price |
61,922 157.6p - 160.67p | ||||||
e) | Date of the transaction | 04/11/2021 | ||||||
f) | Place of the transaction | London Stock Exchange AIM
| ||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | ADAM WESTCOTT | ||||
2. | Reason for the notification | |||||
a) | Position / status | Chief Financial Officer | ||||
b) | Initial notification / amendment | Initial notification 08/11/2021 | ||||
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) | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
37,617 162p | ||||
e) | Date of the transaction | 05/11/2021 | ||||
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
|
Novella Communications Tim Robertson / Fergus Young | Tel: +44 (0)203 151 7008 |
ABOUT AMTE POWER PLC
AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-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
LEI: 213800D4QZXUAZR6K870