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Share Option Grant - replacement

19 Nov 2018 11:56

RNS Number : 7824H
Good Energy Group PLC
19 November 2018
 

 

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)

 

 

 

Price(s)

 

Volume(s)

ÂŁ0.05

122,472

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

122,472

 

 

ÂŁ6,123.75

 

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)

 

 

 

Price(s)

 

Volume(s)

ÂŁ0.05

57,528

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

57,528

 

 

ÂŁ2,876.40

 

e)

 

Date of the transaction

 

 

16 November 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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