EQT Eqtec Plc

TIDMEQT

RNS Number : 1496Q

EQTEC PLC

16 October 2023

16 October 2023

EQTEC plc

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

Director Dealing

EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels, and energy generation announces that Yoel S. Alemán Méndez ("Yoel Alemán"), Chief Technical Officer, has purchased 15,000,000 ordinary shares of EUR0.001 each in the Company ("Ordinary Shares") for a price of 0.06 pence per Ordinary Share.

Accordingly, Yoel Alemán's total holding in the Company is 200,791,970 Ordinary Shares, representing approximately 1.74 per cent. of the Company's issued share capital. In addition, Yoel Alemán is interested in, in aggregate, 114,935,888 options to subscribe for Ordinary Shares in the Company.

ENQUIRIES

 
 EQTEC plc 
  David Palumbo / Nauman Babar              +44 20 3883 7009 
 Strand Hanson - Nomad & Financial 
  Adviser 
  James Harris / Richard Johnson            +44 20 7409 3494 
 Panmure Gordon - Broker 
  John Prior / Hugh Rich                    +44 20 7886 2500 
 Instinctif - Media & investor relations    EQTEC@instinctif.com 
  enquiries                                  +44 791 717 8920 / +44 788 
  Guy Scarborough / Tim Field                788 4794 
 

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

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                             Yoel S. Alemán Méndez 
    -------------------------------  --------------------------------- 
2.  Reason for the Notification 
    ------------------------------------------------------------------ 
a)  Position/status                  CTO 
    -------------------------------  --------------------------------- 
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) 
                                      0.06p     15,000,000 
                                                ---------- 
    -------------------------------  --------------------------------- 
d)  Aggregated information           N/A (Single transaction) 
     Aggregated volume Price 
    -------------------------------  --------------------------------- 
e)  Date of the transaction          13 October 2023 
    -------------------------------  --------------------------------- 
f)  Place of the transaction         AIM (LSE) 
    -------------------------------  --------------------------------- 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHVELFFXBLEFBQ

(END) Dow Jones Newswires

October 16, 2023 02:00 ET (06:00 GMT)

Eqtec (LSE:EQT)
Gráfica de Acción Histórica
De Abr 2024 a May 2024

Eqtec (LSE:EQT)
Gráfica de Acción Histórica
De May 2023 a May 2024