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7 Apr 2014 07:00
7 April 2014
APR Energy plc (the "Company")
Notification of transactions by Persons Discharging Management Responsibilities("PDMRs")
The Company announces the following transactions by PDMRs in the Company's ordinary 10p shares ("Shares").
Performance Awards under the Company's Share Award Plan 2012 ("SAP")
On 3 April 2014, the following PDMRs were granted awards under the SAP in the form of contingent awards. The Awards are rights to acquire Shares for nil or nominal consideration, subject to the rules of the SAP and to the satisfaction of the applicable performance targets. No consideration was payable on the grant of the Awards.
Vesting of the Awards under the SAP will normally require the holder to remain in employment with the Company for three years following the date of grant. In addition to such condition, vesting of the SAP Awards will depend upon the extent to which specified targets are met, relating to growth in the Company's EPS.
Awards have been made to PDMRs as follows:-
PDMR | Number of shares subject to the award granted under the SAP |
John Campion | 97,608 |
Laurence Anderson | 71,770 |
Andrew Martinez | 36,854 |
The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.
Enquiries:
APR Energy plc
Karen Menzel +44 (0) 777 590 6076
Capital MSL
Richard Campbell +44 (0) 20 3219 8800 / +44 (0) 7775 784 933
Nick Bastin +44 (0) 20 3219 8814 / +44 (0) 7931 500 066
Richard Gotla +44 (0) 20 3219 8819 / +44 (0) 7904 122 207
About APR Energy
APR Energy is the world's leading fast-track mobile turbine power business. We provide large-scale, fast-track power, providing customers with rapid access to reliable electricity when and where they need it. APR combines state-of-the-art, fuel-efficient technology with industry-leading expertise to provide turnkey power plants that are rapidly deployed, customisable, and scalable. Serving both utility and industrial segments, APR Energy provides power generation solutions to customers and communities around the world, with an emphasis on Africa, the Americas, Asia-Pacific, and the Middle East. For more information, visit the company's website at www.aprenergy.com.
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