Eqtec Regulatory News (EQT)

04 October 2023

 

EQTEC plc

 

("EQTEC", the "Company" or the "Group")

 

Director Dealing

 

EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels, and energy generation announces that David Palumbo, Chief Executive Officer, has purchased 14,677,486 ordinary shares of €0.001 each in the Company ("Ordinary Shares") for a price of 0.069 pence per Ordinary Share.

 

Accordingly, David Palumbo's total holding in the Company is 75,487,113 Ordinary Shares, representing approximately 0.65% per cent. of the Company's issued share capital. In addition, David Palumbo is interested in, in aggregate, 168,750,000 options to subscribe for Ordinary Shares in the Company.

 

ENQUIRIES

 

 

About EQTEC plc

 

As one of the world's most experienced gasification technology and engineering companies, with a growing track record of delivering operational and commercial success for transforming waste-to-energy through best-in-class technology innovation, engineering and project development, EQTEC brings together design innovation, project delivery discipline and solid commercial experience to add momentum to the global energy transition. EQTEC's proven, proprietary and patented technology is at the centre of clean energy projects, sourcing local waste, championing local businesses, creating local jobs and supporting the transition to localised, decentralised and resilient energy systems.

 

EQTEC designs, supplies and builds advanced gasification facilities in the UK, EU and US, with highly efficient equipment that is modular and scalable from 1MW to 30MW. EQTEC's versatile solutions process over 50 varieties of feedstock, including forestry wood waste, vegetation and other agricultural waste from farmers, industrial waste and sludge from factories and municipal waste, all with no hazardous or toxic emissions. EQTEC's solutions produce a pure, high-quality synthesis gas ("syngas") that can be used for the widest range of applications, including the generation of electricity and heat, production of synthetic natural gas (through methanation) or biofuels (through Fischer-Tropsch, gas-to-liquid processing) and reforming of hydrogen.

 

EQTEC's technology integration capabilities enable the Group to lead collaborative ecosystems of qualified partners and to build sustainable waste reduction and green energy infrastructure around the world.

 

The Company is quoted on AIM (ticker: EQT) and the London Stock Exchange has awarded EQTEC the Green Economy Mark, which recognises listed companies with 50% or more of revenues from environmental/green solutions.

 

Further information on the Company can be found at www.eqtec.com.

 

PDMR notification

 

The notifications below are made in accordance with the requirements of UK MAR: