19 Jul 2022 07:00
19 July 2022
Velocys plc
("Velocys" or the "Company")
Director's Shareholding
Velocys plc (VLS.L), the sustainable fuels technology company, announces that the following director has purchased Ordinary Shares of 1 penny each in the Company ("Shares"). Details of the purchase and resultant holding are as follows:
Director | Date ofpurchase | Numberof Shares purchased | Purchaseprice | TotalSharesheld | % ISC held followingpurchase |
Philip Sanderson (Chief Financial Officer) | 18 July 2022 | 200,000 | 4.3 pence | 200,000 | 0.01% |
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 | Philip Thomas Edward Sanderson | ||||
2 | Reason for the notification | |||||
a) | Position/status | 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 | Velocys plc | ||||
b) | LEI | 549300KGMQV70HA5Y715 | ||||
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 1 penny each
ISIN: GB00B11SZ269 | ||||
b) | Nature of the transaction | Purchase of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
Volume: 200,000 Price: 4.3 Pence | ||||
e) | Date of the transaction | 18 July 2022 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
For further information, please contact:
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Notes to Editors
Velocys is an LSE-listed, international sustainable fuels technology company, traded on the AIM, providing customers with a technology solution to enable the production of negative Carbon Intensity synthetic, drop-in fuels from a variety of waste materials. Synthetic fuel is the only commercially available, permanent alternative to fossil aviation fuels. The Velocys technology is IP-protected in all major jurisdictions.
Two reference projects (Bayou Fuels, US, and Altalto, UK) are designed to accelerate the adoption and standardise the Velocys proprietary Fischer Tropsch (FT) technology with an integrated end to end solution, including renewable power and carbon sequestration.
Velocys is enabling commercial scale synthetic fuel production in response to the clean energy transition, with significant additional positive air quality impacts.
www.velocys.com