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Director/PDMR Shareholding

18 Dec 2017 12:01

RNS Number : 6554Z
OPG Power Ventures plc
18 December 2017
 

18 December 2018

 

OPG Power Ventures plc

("OPG", the "Group" or the "Company")

 

Director/PDMR Shareholding

 

The Company today announces that on 15 December 2017, Jeremy Warner Allen, Non-Executive Deputy Chairman of the Company, purchased 290,000 ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at a purchase price of 17p per Ordinary Share.

 

Following this purchase, Mr Warner Allen holds 303,729 Ordinary Shares representing approximately 0.09% per cent of the Company's issued share capital based on the Company's expected issued share capital as at 22 December 2017 being 356,308,697.

 

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

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Jeremy Warner Allen

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Deputy Chairman

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

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

Price(s) 17p per share

Volume(s) 290,000

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

N/A - single transaction

 

 

 

e)

 

Date of the transaction

 

 

15 December 2017

f)

 

Place of the transaction

 

 

London Stock Exchange, XLON

 

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

 

OPG Power Ventures PLC

Arvind Gupta / Dmitri Tsvetkov

 

+91 (0) 44 429 11211

Cenkos Securities (Nominated Adviser & Broker)

Stephen Keys / Camilla Hume

 

+44 (0) 20 7397 8900

Macquarie Capital (Europe) Limited (Joint Broker)

Raj Khatri / Nick Stamp

 

+44 (0) 20 3037 2000

Tavistock (Financial PR)

Simon Hudson / Barney Hayward / James Collins

+44 (0) 20 7920 3150

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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