16 Aug 2019 15:02
16 August 2019
MYCELX TECHNOLOGIES CORPORATION (AIM: MYX)
("MYCELX" or the "Company")
Director Shareholding
The Company announces that today, 16 August 2019, Non-Executive Chairman, Tim Eggar, and Chief Executive Officer, Connie Mixon purchased 8,182 and 450,000 shares, respectively, in the Company at a price of 55p per share.
Following this transaction, Tim Eggar holds 140,511, while Connie Mixon holds 1,457,703, ordinary shares in the Company, representing 0.72% and 7.50%, respectively, of the Company's issued share capital.
The Notification of Dealing Forms set out below is made in fulfilment of the obligation under Article 19 of the EU Market Abuse Regulation:
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Tim Eggar | ||||
2. | Reason for the notification | |||||
a) | Position/status | Non-Executive Chairman | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Mycelx Technologies Corporation | ||||
b) | LEI | 213800UJZINIK2VD1G48 | ||||
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 of $0.025 each. ISIN - MYX.L = US62847T2024 (DI) ISIN - MYXR.L = USU624551151 (REG S)
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b) | Nature of the transaction: | Purchase of shares
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c) | Price(s) and volume(s):
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d) | Aggregated information: ·; Aggregate volume ·; Price
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Aggregated volume: 8,182 Price: 55p
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e) | Date of the transaction: | 16 August 2019 | ||||
f) | Place of the transaction: | London Stock Exchange [XLON]
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1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Connie Mixon | ||||
2. | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Mycelx Technologies Corporation | ||||
b) | LEI | 213800UJZINIK2VD1G48 | ||||
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 of $0.025 each. ISIN - MYX.L = US62847T2024 (DI) ISIN - MYXR.L = USU624551151 (REG S)
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b) | Nature of the transaction: | Purchase of shares
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c) | Price(s) and volume(s):
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d) | Aggregated information: ·; Aggregate volume ·; Price
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Aggregated volume: 450,000 Price: 55p
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e) | Date of the transaction: | 16 August 2019 | ||||
f) | Place of the transaction: | London Stock Exchange [XLON]
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For further information please contact:
MYCELX Technologies Corporation Time Eggar, Non-Executive Chairman Connie Mixon, CEO Kim Slayton, CFO |
Tel: +1 888 306 6843 |
Numis Securities Limited John Prior Alamgir Ahmed James Black Emily Morris |
Tel: +44 20 7260 1000 |
Celicourt Mark Antelme Jimmy Lea |
Tel: +44 20 8434 2754 |
Notes to Editors
MYCELX is a revolutionary oil-free water technology company solving the world's toughest oil removal problems in the oil and gas industry. The systems are based upon scientific breakthrough for a completely different approach to permanent oil removal. The Company created the patented MYCELX polymer using innovative molecular cohesion for removing oil from water far beyond what conventional systems have ever achieved. MYCELX systems remove oil to critically low levels in a much smaller physical footprint than conventional systems and in a virtually fail-safe process.
www.mycelx.com