TIDMPPG

RNS Number : 2851H

Plutus PowerGen PLC

31 July 2019

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:

 
                                                 +44 (0)20 8720 
 Plutus PowerGen Plc                              6562 
 James Longley, Interim CEO and CFO 
 
 Allenby Capital Limited (Nominated Adviser      +44 (0)20 3328 
  and Joint Broker)                               5656 
 Nick Athanas 
  Nicholas Chambers 
 
 Turner Pope Investments (TPI) Limited (Joint    +44 (0)20 3621 
  Broker)                                         4120 
 Andy Thacker 
 
                                                 +44 (0)20 7236 
 St Brides Partners Limited (Financial PR)        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      Ordinary shares of 0.1p each in 
       instrument, type of instrument    Plutus Powergen plc 
       Identification code 
                                         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) 
                                           0.3p       9,166,667 
                                                     ---------- 
     --------------------------------  -------------------------------------------- 
 d)   Aggregated information            N/A 
       - Aggregated volume 
       - Price 
     --------------------------------  -------------------------------------------- 
 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      Ordinary shares of 0.1p each in 
       instrument, type of instrument    Plutus Powergen plc 
       Identification code 
                                         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) 
                                           0.3p       9,166,667 
                                                     ---------- 
     --------------------------------  -------------------------------------------- 
 d)   Aggregated information            N/A 
       - Aggregated volume 
       - Price 
     --------------------------------  -------------------------------------------- 
 e)   Date of the transaction           29 July 2019 
     --------------------------------  -------------------------------------------- 
 f)   Place of the transaction          Outside of a trading venue 
     --------------------------------  -------------------------------------------- 
 

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

DSHBFLBXKDFFBBD

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July 31, 2019 02:03 ET (06:03 GMT)

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