31 Jul 2019 07:00
31 July 2019
PLUTUS POWERGEN PLC
("Plutus", the "Group" or the "Company")
Director/PDMR Shareholdings
Holding in Company
Plutus PowerGen (AIM: PPG), the AIM listed power company focused on the development and operation of flexible energy generation ("FlexGen") projects in the UK, was informed on 30 July 2019 that, on 29 July 2019, Mr. Charles Tatnall (Executive Chairman) acquired off market 9,166,667 ordinary shares of 0.1p each ('Ordinary Shares') at a price of 0.3p per Ordinary Share and Mr. James Longley (Interim Chief Executive Officer and Chief Financial Officer) acquired off market 9,166,667 Ordinary Shares at a price of 0.3p per Ordinary Share. The shares were acquired from the Estate of the late Philip Stevens.
Following the above acquisitions of Ordinary Shares, Mr. Tatnall has a beneficial interest in 89,666,667 Ordinary Shares representing 10.28 per cent. of the current issued share capital of the Company and Mr. Longley has a beneficial interest in 81,666,667 Ordinary Shares representing 9.36 per cent. of the current issued share capital of the Company.
Furthermore, following the above transactions the Estate of Philip Stevens now has a beneficial interest in 35,416,666 Ordinary Shares representing 4.1 per cent. of the current issued share capital of the Company.
**ENDS**
For further information, please visit www.plutuspowergen.com, or contact:
Plutus PowerGen Plc | +44 (0)20 8720 6562 |
James Longley, Interim CEO and CFO | |
|
|
Allenby Capital Limited (Nominated Adviser and Joint Broker) | +44 (0)20 3328 5656 |
Nick Athanas Nicholas Chambers
| |
Turner Pope Investments (TPI) Limited (Joint Broker) | +44 (0)20 3621 4120 |
Andy Thacker | |
St Brides Partners Limited (Financial PR) | +44 (0)20 7236 1177 |
Isabel de Salis |
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 | Charles Tatnall | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive Chairman (PDMR) | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Plutus Powergen plc | ||||
b) | LEI | 213800NIBLBUHHRBZI02 | ||||
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 0.1p each in Plutus Powergen plc
Identification code (ISIN) for Plutus Powergen plc ordinary shares: GB00B1GDWB47 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 29 July 2019 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | James Longley | ||||
2 | Reason for the notification | |||||
a) | Position/status | Interim Chief Executive Officer and Chief Financial Officer (PDMR) | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Plutus Powergen plc | ||||
b) | LEI | 213800NIBLBUHHRBZI02 | ||||
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 0.1p each in Plutus Powergen plc
Identification code (ISIN) for Plutus Powergen plc ordinary shares: GB00B1GDWB47 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 29 July 2019 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||