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Director/PDMR Shareholding

27 Jun 2019 07:00

RNS Number : 5674D
Plutus PowerGen PLC
27 June 2019
 

27 June 2019

 

PLUTUS POWERGEN PLC("Plutus" or the "Company")

Director/PDMR Shareholding

 

Plutus PowerGen Plc (AIM: PPG), the AIM listed power company focused on the development and operation of flexible energy generation ('FlexGen') projects in the UK, has been notified that, James Longley, Interim Chief Executive Officer and Chief Financial Officer of the Company, made the following purchases in the Company's ordinary share capital via his Self-Invested Personal Pension ("SIPP"):

 

Date

Number of Shares

Purchase Price per ordinary share

 

25 June 2019

2,500,000

0.260p

26 June 2019

26 June 2019

2,000,000

500,000

0.260p

0.275p

 

 

James Longley now holds a total beneficial interest in 72,500,000 ordinary shares, equivalent to 8.79 per cent. of the Company's ordinary share capital.

 

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

Plutus PowerGen Plc

+44 (0)20 7582 6598

Charles Tatnall, Executive Chairman

 

 

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

Cosima Akerman

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them are set out below pursuant to the EU Market Abuse regulation.

 

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

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)

 Price(s)

Volume(s)

0.260p

0.260p

0.275p

2,500,000

2,000,000

500,000

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

0.262p

5,000,000

e)

Date of the transactions

25 and 26 June 2019

f)

Place of the transaction

London Stock Exchange, AIM

 

The information set out in this announcement is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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