TIDMEQT

RNS Number : 8789J

EQTEC PLC

29 April 2022

29 April 2022

EQTEC plc

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

Director Dealing

EQTEC plc (AIM: EQT), a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production , announces that Jeffrey Vander Linden , Chief Operating Officer, has purchased 2,083,182 ordinary shares of EUR0.001 each in the Company ("Ordinary Shares") for an average price of 0.95 pence per Ordinary Share.

Accordingly, Jeffrey Vander Linden 's total holding in the Company is 17,560,914 Ordinary Shares, representing approximately 0.21% per cent of the Company's issued share capital. In addition, Jeffrey Vander Linden is interested in, in aggregate, 41,931,818 options to subscribe for Ordinary Shares in the Company.

ENQUIRIES

 
 EQTEC plc                               +44 203 883 7009 
 David Palumbo / Nauman Babar 
                                        ----------------------- 
 
 Strand Hanson - Nomad & Financial 
  Adviser                                +44 20 7409 3494 
                                        ----------------------- 
 James Harris / James Dance 
                                        ----------------------- 
 
 Arden Partners - Joint Broker           +44 20 7614 5900 
                                        ----------------------- 
 Paul Shackleton (Corporate) / Simon 
  Johnson (Sales) 
                                        ----------------------- 
 
 Canaccord Genuity - Joint Broker        +44 20 7523 8000 
                                        ----------------------- 
 Henry Fitzgerald-O'Connor / James 
  Asensio / Patrick Dolaghan 
                                        ----------------------- 
 
 Alma PR - Financial Media & Investor 
  Relations                              +44 20 3405 0205 
                                        ----------------------- 
 Josh Royston / Sam Modlin               EQTEC@almapr.co.uk 
                                        ----------------------- 
 
                                         +44 7554 014 188 / +44 
 BECG - General Media Enquiries           7867 452 269 
                                        ----------------------- 
 Carrie Lowe / Tom Gosschalk             EQTEC@BECG.com 
                                        ----------------------- 
 

About EQTEC plc

As one of the world's most experienced gasification technology and engineering companies, with a growing track record of delivering operational and commercial success for transforming waste-to-energy through best-in-class technology innovation, engineering and project development , EQTEC brings together design innovation, project delivery discipline and solid commercial experience to add momentum to the global energy transition. EQTEC's proven, proprietary and patented technology is at the centre of clean energy projects, sourcing local waste, championing local businesses, creating local jobs and supporting the transition to localised, decentralised and resilient energy systems.

EQTEC designs, supplies and builds advanced gasification facilities in the UK, EU and US, with highly efficient equipment that is modular and scalable from 1MW to 30MW. EQTEC's versatile solutions process over 50 varieties of feedstock, including forestry wood waste, vegetation and other agricultural waste from farmers, industrial waste and sludge from factories and municipal waste, all with no hazardous or toxic emissions . EQTEC's solutions produce a pure, high-quality synthesis gas ("syngas") that can be used for the widest range of applications, including the generation of electricity and heat, production of synthetic natural gas (through methanation) or biofuels (through Fischer-Tropsch, gas-to-liquid processing) and reforming of hydrogen.

EQTEC's technology integration capabilities enable the Group to lead collaborative ecosystems of qualified partners and to build sustainable waste reduction and green energy infrastructure around the world.

The Company is quoted on AIM (ticker: EQT) and the London Stock Exchange has awarded EQTEC the Green Economy Mark, which recognises listed companies with 50% or more of revenues from environmental/green solutions.

Further information on the Company can be found at www.eqtec.com .

PDMR Notification Form :

The notifications below are made in accordance with the requirements of UK MAR:

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Jeffrey Vander Linden 
     --------------------------------  ---------------------------------- 
 2.   Reason for the Notification 
     -------------------------------------------------------------------- 
 a)   Position/status                   Chief Operating Officer 
     --------------------------------  ---------------------------------- 
 b)   Initial notification/amendment    Initial notification 
     --------------------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------- 
 a)   Name                              EQTEC plc 
     --------------------------------  ---------------------------------- 
 b)   LEI                               63540085VSYVDEINJO04 
     --------------------------------  ---------------------------------- 
 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 EUR 0.001 each 
       instrument, type of instrument 
     --------------------------------  ---------------------------------- 
      Identification code               IE00BH3XCL94 
     --------------------------------  ---------------------------------- 
 b)   Nature of the Transaction         Purchase of shares 
     --------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)             Price(s)     Volume(s) 
                                          GBP0.0095    2,083,182 
                                                      ---------- 
     --------------------------------  ---------------------------------- 
 d)   Aggregated information 
       Aggregated volume Price 
     --------------------------------  ---------------------------------- 
 e)   Date of the transaction           28 April 2022 
     --------------------------------  ---------------------------------- 
 f)   Place of the transaction          AIM (LSE) 
     --------------------------------  ---------------------------------- 
 

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END

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April 29, 2022 05:30 ET (09:30 GMT)

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