24 Oct 2019 08:36
24 October 2019
China New Energy Limited
(the "Company" or "CNE")
Director's Dealing
The Board of CNE (AIM: CNEL), the AIM quoted engineering and technology solutions provider to the bioenergy sector, announces that it was notified on 23 October 2019 by Richard Bennett, a director, that on the same day he had acquired 300,000 shares at an average price of 2.72p per share.
Following the acquisition, Mr Bennett now holds 1,137,747 ordinary shares representing approximately 0.26 per cent. of the Company's issued share capital.
The issued share capital of the Company is 444,447,541 ordinary shares of 0.025 pence each.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
China New Energy Limited | |
Ivy Xu Richard Bennett | xuhj@zkty.com.cn Tel: +86 20 8705 9371 rbennett@zkty.com.cn Tel: +44 7966 388374 |
Cairn Financial Advisers LLP (Nomad & Broker) Jo Turner / Sandy Jamieson | Tel: +44 20 7213 0880
|
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | |||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a. | Name | Mr Richard Bennett | |||||
2 | Reason for notification | ||||||
a. | Position/Status | Non-executive Director of China New Energy Limited | |||||
b. | Initial notification/ Amendment | Initial Notification | |||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a. | Name | China New Energy Limited | |||||
b. | LEI | 213800U8Y7E1T1Y2NR27 | |||||
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 instrumentIdentification Code | Ordinary Shares
ISIN: JE00B3RWLF12 | |||||
b. | Nature of the transaction | Acquisition of shares | |||||
c. | Price(s) and volume(s) | ||||||
Price(s) per share | Volume(s) | ||||||
Average 2.72p | 300,000 | ||||||
d. | Aggregated information
- Aggregated Volume
- Price |
n/a
| |||||
e. | Date of the transaction | 23 October 2019 | |||||
f. | Place of the transaction | London Stock Exchange | |||||
CNEL.L (CNEL)