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Director/PDMR Shareholding

28 Jul 2023 17:08

RNS Number : 6243H
OPG Power Ventures plc
28 July 2023
 

28 July 2023

 

OPG Power Ventures plc

("OPG" or the "Company")

 

Director/PDMR Shareholding

 

OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that Gleneagle Trading FZC, a subsidiary of Gita Investments Limited, a company controlled by the Gupta family purchased 25,000 ordinary shares on 26 July 2023 at 8.7 pence per share and 50,000 ordinary shares on 27 July 2023 at 9.0 pence per share. Following these transactions, the Gupta family holds 206,507,166 ordinary shares representing 51.53 % of the Company's issued share capital.

 

For further information, please visit www.opgpower.com or contact:

 

OPG Power Ventures PLC

Via Tavistock below

Ajit Pratap Singh

 

Cenkos Securities plc (Nominated Adviser & Broker)

+44 (0) 20 7397 8900

Stephen Keys/Katy Birkin

Tavistock (Financial PR)

+44 (0) 20 7920 3150

Simon Hudson / Nick Elwes

 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ms Avantika Gupta, PCA of Gleneagle Trading FZE

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

OPG Power Ventures PLC

b)

LEI

213800MLM7O87QIGIK85

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

Ordinary shares of 0.0147p each

Identification code

IM00B2R3RX72

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£0.087

25,000

£0.090

50,000

d)

Aggregated information

Aggregated volume

75,000

Price

As indicated above

e)

Date of the transaction

25,000 shares were purchased on 26.07.2023 and 50,000 shares were purchased on 27.07.2023

f)

Place of the transaction

AIMX

 

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