20 Oct 2015 10:24
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
20 October 2015
Mytrah Energy Limited
('Mytrah' or 'the Company')
Director Share Dealing
The Company was informed on 19 October 2015, that on the same day R&H Trust Co (Jersey) Limited (the "Trustee") as trustee of The Raksha Trust (the "Trust"), a Jersey based discretionary trust settled by Ravi Kailas, the Chairman and CEO of Mytrah, of which he and some of his family members and also a philanthropic trust are discretionary beneficiaries, purchased 436,530 Ordinary Shares in Mytrah at 59.88p per Ordinary Share.
Following this purchase, the Trustee has an interest in 94,751,030 Ordinary Shares representing, in aggregate, approximately 57.90% of the issued share capital of the Company for a beneficial class comprising Ravi Kailas, some of his family members and a philanthropic trust.
For further information please visit www.mytrah.com or contact:
Mytrah Energy Limited Ravi Kailas / Bob Smith
| +44 (0)20 3402 5790
|
Investec Bank plc Chris Sim / Jeremy Ellis
| +44 (0)20 7597 5970
|
Mirabaud Securities LLP Peter Krens / Rory Scott |
+44 (0)20 7878 3360
|
Yellow Jersey PR Limited Charles Goodwin / Dominic Barretto
|
+44 (0)77 4778 8221
|
About Mytrah Energy Ltd. Mytrah Energy Ltd. (AIM: MYT), the pioneer and one of the largest Independent Power Producers ('IPP') in renewable energy, in India, with 560 MW of wind power generation across 11 projects and 6 States. The Company has 172 wind masts installed across multiple states in India, providing a rich source of information from which to select its future projects. Mytrah currently has an active development pipeline of about 3500 MW of wind and 500 MW of solar.