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7 Jan 2020 14:10
7 January 2020
OPG Power Ventures plc
("OPG", the "Group" or the "Company")
Director/PDMR Shareholding - Scrip Dividend
The Company announces that the following directors received ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at the reference price of 18.15 pence per share, through the Scrip dividend announced on 1 August 2019 and issued on 6 January 2020:
Director | Position | Ordinary Shares issued on 9 January 2020 pursuant to the Scrip Dividend | Total number of Ordinary Shares held post Scrip Dividend | % of issued share capital following admission of Scrip Dividend shares |
Gita Investments Limited1 | Executive Chairman | 6,607,749 | 206,492,166 | 51.5% |
Jeremy Warner Allen | Non-Executive Deputy Chairman | 35,989 | 1,124,680 | 0.3% |
Dmitri Tsvetkov | Chief Financial Officer | 36,054 | 1,126,691 | 0.3% |
Jeremy Beeton | Non-Executive Director | 1,652 | 51,652 | 0.0% |
1 Beneficial interest in these shareholdings vests with Arvind Gupta and family. | ||||
For further information, please visit www.opgpower.com or contact:
OPG Power Ventures PLC | +91 (0) 44 429 11211 |
Arvind Gupta / Dmitri Tsvetkov | |
Cenkos Securities (Nominated Adviser & Broker) | +44 (0) 20 7397 8900 |
Russell Cook/ Stephen Keys | |
Tavistock (Financial PR) | +44 (0) 20 7920 3150 |
Simon Hudson / Barney Hayward / Nick Elwes |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | 1. Gita Investments Limited 2. Jeremy Warner Allen 3. Dmitri Tsvetkov 4. Jeremy Beeton | |
2 | Reason for the notification | ||
a) | Position/status | 1. Executive Chairman 2. Non-Executive Deputy Chairman 3. Chief Financial Officer 4. Non-Executive Director | |
b) | Initial notification /Amendment | Initial | |
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 Identification code | Ordinary Shares of 0.0147p each ISIN: IM00B2R3RX72 | |
b) | Nature of the transaction | Acquisition of Ordinary Shares pursuant to Scrip Dividend | |
c) | Price(s) and volume(s) | Price(s) 1. 18.15 pence 2. 18.15 pence 3. 18.15 pence 4. 18.15 pence | Volume(s) 1. 6,607,749 2. 35,989 3. 36,054 4. 1,652 |
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction | |
e) | Date of the transaction | 6 January 2020 | |
f) | Place of the transaction | Outside of a trading venue | |
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