Last checked at 19 Nov 2018 11:56
Good Energy Group PLC
("Good Energy" or the "Company")
Notification of Transactions by Directors/Persons Discharging Managerial Responsibility and Connected Persons
Correcting Announcement
Further to the announcement made on 16 November 2018 regarding the grant of awards under the Company's share option scheme, a total of 505,169 awards were granted not 400,144 as originally stated.
The notification below is made in accordance with the requirements of article 19 of MAR and provides further details, including as to awards granted to persons discharging managerial responsibility which has been updated accordingly.
Share Option Grant
Good Energy Group PLC ("Good Energy" or "the Company"), an established renewable energy company supplying 100% renewable electricity and green gas to homes and businesses, and providing FIT services for renewable generators, announces that it has today granted options over 505,169 ordinary shares in the Company ("New Options") under the Company's share option scheme, including New Options granted to the following whom the Company considers to be persons discharging managerial responsibility:
Name | New Options Granted | Exercise Price of New Options | Vesting Date of New Options | Total Options held post New Options grant |
Juliet Davenport* | 122,472 | 5p | 16 April 2021 | 705,729 |
Stephen Rosser** | 57,528 | 5p | 16 April 2021 | 84,799 |
*Juliet Davenport is the Chief Executive Officer of the Company
**Stephen Rosser is the General Counsel and Company Secretary
Enquiries:
Good Energy Group PLC
Juliet Davenport, Chief Executive Tel: +44 (0)1249 766795
Charles Parry, Investor Relations
Investec Bank plc (Nominated Adviser)
Jeremy Ellis Tel: +44 (0) 20 7597 5970
Sara Hale
Alexander Ruffman
Notes to editors:
· Good Energy is a pioneering clean energy company, powering the choice of a cleaner, greener future together with its people, customers and shareholders. Having led the way in renewable energy development since 1999 in areas including small and larger scale wind turbines, solar panels, biogen and hydro, and now in technologies like battery storage and electric vehicles, Good Energy is making it easier for people and businesses to make renewable energy part of their lives.
· Good Energy powers homes and businesses with 100% renewable electricity from a community of over 1,400 UK generators and owns and operate two wind farms, including the UK's first commercial wind farm, and six solar farms. In addition, Good Energy offers a green gas product which contains 6% biomethane - gas produced here in the UK from food waste. To make it completely carbon neutral, emissions from the rest of the gas its customers use is balanced through supporting verified carbon-reduction schemes in Malawi, Vietnam and Nepal.
• Established to tackle climate change and help deliver energy security for the UK.
• Founded in 1999 by Juliet Davenport OBE.
• A British company based in Chippenham, Wiltshire.
• Good Energy's electricity comes from local, natural sources like sunshine, wind and rain.
• In 2017 Good Energy's generation output was 87.6GWh (2016: 80.7GWh).
• As at 30 December 2017, Good Energy had over 250,000 domestic and business customers.
Twitter: twitter.com/goodenergy
Facebook: facebook.com/goodenergy.co.uk
Instagram: Instagram.com/GoodEnergy
Website: https://group.goodenergy.co.uk/
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Juliet Davenport | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Person discharging managerial responsibility | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Good Energy Group PLC | ||||
b)
| LEI
| 549300RDCDCDNGLJB833 | ||||
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, 5p
GOOD | ||||
b)
| Nature of the transaction
| Award of share options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
122,472
£6,123.75
| ||||
e)
| Date of the transaction
| 16 November 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Stephen Rosser | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Person discharging managerial responsibility
| ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Good Energy Group PLC | ||||
b)
| LEI
| 549300RDCDCDNGLJB833 | ||||
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, 5p
GOOD | ||||
b)
| Nature of the transaction
| Award of share options | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
57,528
£2,876.40
| ||||
e)
| Date of the transaction
| 16 November 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||