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28 Mar 2011 07:00
| 28 March 2011 |
Energetix Group plc
("Energetix" or "the Group")
Directors' Shareholdings
Energetix Group, (AIM: EGX), a group of companies with two cost-effective products (Genlec and Pnu Power), was notified on 25 March 2011 that Alan Aubrey, Adrian Hutchings, Neil Bright and Henry Cialone, each of whom are directors of the Group, each purchased ordinary shares on 25 March 2011 at a price of 25p per share.
The following table shows the number of shares which each of the directors has purchased and their resultant interest in the Group.
Number of shares purchased | Total number of shares held in the Group | % Interest in the Group | |
Alan Aubrey | 20,000 | 1,094,486 | 1.68 |
Adrian Hutchings | 28,000 | 11,295,965 | 17.34 |
Neil Bright | 20,000 | 20,000 | 0.03 |
Henry Cialone | 12,000 | 12,000 | 0.02 |
- ENDS -
For further information:
Energetix Group plc | |
Adrian Hutchings, Chief Executive Officer | Tel: +44 (0) 151 348 2111 |
www.energetixgroup.com |
Ambrian Partners Limited | +44 (0) 20 7634 4700 |
Andrew Craig / Ben Wright, NOMAD & Broker | www.ambrian.com |
Media enquiries
Abchurch Communications Limited | +44 (0) 20 7398 7710 |
Sarah Hollins / Joanne Shears / Ashleigh Lezard | |
ashleigh.lezard@abchurch-group.com | www.abchurch-group.com |
About Energetix Group plc
Energetix Group plc has two businesses and a c.43% interest in an associate each with cost-effective products to meet the growing global demand for alternative energy. With a focus on distributed generation, energy storage and energy efficiency, the Energetix businesses are:
·; Energetix (Pnu) Power Limited - compressed-air back-up power;
·; Energetix Genlec Limited - distributed generation in the home; and
·; VPhase plc - domestic energy efficiency.(c.43% owned by the Group)
Energetix's strategy is to create products based on robust engineering principles, regularly utilising existing mass-produced components configured in a novel and patentable way. Avoiding cutting-edge science has enabled the Group's businesses to de-risk the new product development process which in turn reduces development time and costs. This has enabled the businesses to have a lower-than-normal technology risk while still producing strong intellectual property. In addition, this facilitates the outsourcing of production and assembly, significantly reducing the Group's investment in capital equipment. The body of know-how developed within the Group has also enabled the businesses to modify the design of existing mass-produced components to reduce costs, improve efficiency and strengthen the Group's intellectual property position.
Energetix Group joined AIM in August 2006. The Group and its subsidiaries and associates are all based near Chester, NW England.
www.energetixgroup.com
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