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21 Nov 2023 07:00
21 November 2023
Eneraqua Technologies plc
("Eneraqua Technologies", the "Company" or the "Group")
Director / PDMR Shareholding
Eneraqua Technologies plc, a provider of specialist energy and water efficiency solutions, announces that it was informed on 20 November 2023 that Mitesh Dhanak, CEO, acquired ordinary shares in the Company of 0.1p each ("Ordinary Shares") (the "Purchase").
Mitesh Dhanak, purchased in aggregate 320,000 Ordinary Shares. Following the purchase Mitesh Dhanak, and certain parties closely associated with him, is interested in 6,137,327 Ordinary Shares, representing approximately 18.47 per cent. of the Company's issued share capital.
For further information please contact:
Eneraqua Technologies plc Mitesh Dhanak, Chief Executive Officer Iain Richardson, Chief Financial Officer |
Via Alma
|
Liberum (Nomad and Joint Broker) Edward Mansfield Benjamin Cryer |
Tel: 0203 100 2000 |
Singer Capital Markets (Joint Broker) Sandy Fraser Justin McKeegan Asha Chotai |
Tel: 020 7496 3000 |
Alma Strategic Communications Justine James Sam Modlin Will Ellis Hancock |
Tel: 020 3405 0205 eneraqua@almastrategic.com
|
Notes to editors
Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group has two divisions energy and water. Energy is the larger division, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals.
The water division is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes.
The activities in both divisions are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems.
The Company's main country of operation is the United Kingdom. The Company's head office is based in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 168 employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.
To find out more, please visit: www.eneraquatechnologies.com
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
| Mitesh Dhanak | |||
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
| Eneraqua Technologies plc | |||
b)
| LEI
| 21380045T7LPP2T83245 | |||
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 1 pence each ("Ordinary Shares") | |||
Identification code | GB00BNYDGM91 | ||||
b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
40.1 | 320,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | As in 4.c) above | ||||
- Price | |||||
e)
| Date of the transaction
| 20/11/2023 | |||
f)
| Place of the transaction
| AIM | |||
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