TIDMNTQ

RNS Number : 7883V

Enteq Technologies PLC

15 December 2021

Enteq Technologies plc

("Enteq" or the "Company")

Issue of shares and

Director/PDMR Shareholding

Enteq Technologies plc (AIM: NTQ.L) the energy services technology and equipment supplier, announces that on 15 December 2021 it issued and allotted 166,494 new ordinary shares of 1p each ("Ordinary Shares") to the Directors in compensation for the elements of remuneration foregone in respect of the period 1 July 2021 to 30 November 2021 at a price of 16.2p.

The issue prices reflects the Company's average closing share price during the period to which the compensation relates. As with previous issues of this type this was in order to maximise the cash available to the business as a whole.

These new Ordinary Shares issued to the Directors were as follows:

Total holding after issue

 
                     Number of new                        % Enlarged issued 
                   Ordinary Shares   Number of Ordinary       share capital 
 Name                       issued               Shares 
 
 Martin Perry               44,356            4,568,810               6.62% 
 David Steel                42,070            2,149,756               3.11% 
 Andrew Law                 51,056              934,553               1.35% 
 Iain Paterson              15,412              572,460               0.83% 
 Neil Hartley               13,600               59,770               0.09% 
 

Application has been made for the 166,494 new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 21 December 2021. Following the above issue of new Ordinary Shares, the number of Ordinary Shares (each carrying one vote) in issue is 69,013,558. There are no shares held in treasury. The figure of 69,013,558 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in, the share capital of Enteq under the Disclosure Guidance and Transparency Rules.

For further information, please contact:

   Enteq Technologies plc                                            +44 (0)20 8087 2202 

www.enteq.com

Andrew Law, Chief Executive Officer

David Steel, Chief Financial Officer

   finnCap Ltd (NOMAD and Broker)                            +44 (0)20 7220 0500 

Ed Frisby, Emily Watts, Tim Harper (Corporate Finance)

Andrew Burdis, Barney Hayward (ECM)

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                                    Martin Perry 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                    Chairman 
     ---------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment     Initial notification 
     ---------------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                               Enteq Technologies 
     ---------------------------------  ------------------------------------ 
 b)   LEI                                2138006BKS2MOAPRUB75 
     ---------------------------------  ------------------------------------ 
 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 1 pence each 
       instrument, type of instrument     GB00B41Q8Q68 
       Identification code 
     ---------------------------------  ------------------------------------ 
 b)   Nature of the transaction          Issue of shares in compensation 
                                          for cash remuneration 
     ---------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)              Price(s)    Volume(s) 
                                           GBP0.162    44,356 
                                                      ---------- 
     ---------------------------------  ------------------------------------ 
 d)   Aggregated information             Not applicable - single transaction 
     ---------------------------------  ------------------------------------ 
 e)   Date of the transaction            15 December 2021 
     ---------------------------------  ------------------------------------ 
 f)   Place of the transaction           Outside a trading venue 
     ---------------------------------  ------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               David Steel 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                         Chief Financial Officer 
     ---------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment     Initial notification 
     ---------------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                               Enteq Technologies 
     ---------------------------------  ------------------------------------ 
 b)   LEI                                2138006BKS2MOAPRUB75 
     ---------------------------------  ------------------------------------ 
 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 1 pence each 
       instrument, type of instrument     GB00B41Q8Q68 
       Identification code 
     ---------------------------------  ------------------------------------ 
 b)   Nature of the transaction          Issue of shares in compensation 
                                          for cash remuneration 
     ---------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)              Price(s)    Volume(s) 
                                           GBP0.162         42,070 
                                                      ------------ 
     ---------------------------------  ------------------------------------ 
 d)   Aggregated information             Not applicable - single transaction 
     ---------------------------------  ------------------------------------ 
 e)   Date of the transaction            15 December 2021 
     ---------------------------------  ------------------------------------ 
 f)   Place of the transaction           Outside a trading venue 
     ---------------------------------  ------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Andrew Law 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                    Chief Executive Officer 
     ---------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment     Initial notification 
     ---------------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                               Enteq Technologies 
     ---------------------------------  ------------------------------------ 
 b)   LEI                                2138006BKS2MOAPRUB75 
     ---------------------------------  ------------------------------------ 
 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 1 pence each 
       instrument, type of instrument     GB00B41Q8Q68 
       Identification code 
     ---------------------------------  ------------------------------------ 
 b)   Nature of the transaction          Issue of shares in compensation 
                                          for cash remuneration 
     ---------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)              Price(s)    Volume(s) 
                                           GBP0.162         51,056 
                                                      ------------ 
     ---------------------------------  ------------------------------------ 
 d)   Aggregated information             Not applicable - single transaction 
     ---------------------------------  ------------------------------------ 
 e)   Date of the transaction            15 December 2021 
     ---------------------------------  ------------------------------------ 
 f)   Place of the transaction           Outside a trading venue 
     ---------------------------------  ------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Iain Paterson 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                    Non-executive Director 
     ---------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment     Initial notification 
     ---------------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                               Enteq Technologies 
     ---------------------------------  ------------------------------------ 
 b)   LEI                                2138006BKS2MOAPRUB75 
     ---------------------------------  ------------------------------------ 
 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 1 pence each 
       instrument, type of instrument     GB00B41Q8Q68 
       Identification code 
     ---------------------------------  ------------------------------------ 
 b)   Nature of the transaction          Issue of shares in compensation 
                                          for cash remuneration 
     ---------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)              Price(s)    Volume(s) 
                                           GBP0.162    15,412 
                                                      ---------- 
     ---------------------------------  ------------------------------------ 
 d)   Aggregated information             Not applicable - single transaction 
     ---------------------------------  ------------------------------------ 
 e)   Date of the transaction            15 December 2021 
     ---------------------------------  ------------------------------------ 
 f)   Place of the transaction           Outside a trading venue 
     ---------------------------------  ------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                               Neil Hartley 
     ---------------------------------  ------------------------------------ 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                    Non-executive Director 
     ---------------------------------  ------------------------------------ 
 b)   Initial notification/Amendment     Initial notification 
     ---------------------------------  ------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                               Enteq Technologies 
     ---------------------------------  ------------------------------------ 
 b)   LEI                                2138006BKS2MOAPRUB75 
     ---------------------------------  ------------------------------------ 
 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 1 pence each 
       instrument, type of instrument     GB00B41Q8Q68 
       Identification code 
     ---------------------------------  ------------------------------------ 
 b)   Nature of the transaction          Issue of shares in compensation 
                                          for cash remuneration 
     ---------------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)              Price(s)    Volume(s) 
                                           GBP0.162    13,600 
                                                      ---------- 
     ---------------------------------  ------------------------------------ 
 d)   Aggregated information             Not applicable - single transaction 
     ---------------------------------  ------------------------------------ 
 e)   Date of the transaction            15 December 2021 
     ---------------------------------  ------------------------------------ 
 f)   Place of the transaction           Outside a trading venue 
     ---------------------------------  ------------------------------------ 
 

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END

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December 15, 2021 10:39 ET (15:39 GMT)

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