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Director/PDMR Shareholding

3 Oct 2018 15:58

RNS Number : 8909C
OPG Power Ventures plc
03 October 2018
 

3 October 2018

 

OPG Power Ventures plc

 

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

 

Director/PDMR Shareholding

 

The Company today announces that Jeremy Warner Allen, Non-Executive Deputy Chairman of the Company, has purchased a total of 696,271 ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at an average price of 12.05 pence per share.

 

Following these purchases, Mr Warner Allen holds 1,000,000 Ordinary Shares representing approximately 0.3% per cent of the Company's issued share capital.

 

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)

 

Volume(s)

11.95p per share

500,000

 

 

d)

 

Aggregated information

- Aggregated volume

 

 

- Price

 

 

 

N/A - single transaction

 

 

 

e)

 

Date of the transaction

 

 

2 October 2018

f)

 

Place of the transaction

 

 

London Stock Exchange, XLON

 

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)

 

Volume(s)

12.30p per share

196,271

 

 

d)

 

Aggregated information

- Aggregated volume

 

 

- Price

 

 

 

N/A - single transaction

 

 

 

e)

 

Date of the transaction

 

 

3 October 2018

f)

 

Place of the transaction

 

 

London Stock Exchange, XLON

 

 

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

 

OPG Power Ventures PLC

+91 (0) 44 429 11211

Arvind Gupta / Dmitri Tsvetkov

 

 

Cenkos Securities (Nominated Adviser & Broker)

+44 (0) 20 7397 8900

Stephen Keys

 

 

Tavistock (Financial PR)

+44 (0) 20 7920 3150

Simon Hudson / Barney Hayward / Nick Elwes

 

-ends-

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
 
 
DSHLLFESIDLVIIT

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