Plutus PowerGen PLC Director holdings & Update on Director Dealings (1701T)
12 Noviembre 2019 - 10:04AM
UK Regulatory
TIDMPPG
RNS Number : 1701T
Plutus PowerGen PLC
12 November 2019
12 November 2019
PLUTUS POWERGEN PLC
("Plutus", the "Group" or the "Company")
Director/PDMR Shareholdings
Update on Director Dealings
Plutus PowerGen PLC (AIM: PPG), the AIM quoted power company
focused on the development and operation of flexible energy
generation ('FlexGen') projects in the UK, announces that it has
today been notified that James Longley, Interim Chief Executive and
Chief Financial Officer of the Company, today transferred 5,420,945
ordinary shares of 0.1 pence each ("Ordinary Shares") at an average
price of 0.17025 pence per Ordinary Share into a SIPP account (the
"Transfer").
Following the Transfer, James Longley's total beneficial
interest remains unchanged at 81,666,667 Ordinary Shares,
representing 9.36 per cent. of the current issued share capital of
the Company.
In addition, and further to the announcement made by the Company
on 31 July 2019 relating to the off market acquisition of 9,116,667
ordinary shares of 0.1p ("Ordinary Shares") by Mr Charles Tatnall
and 9,116,667 Ordinary Shares by Mr James Longley, the Company can
confirm that these transactions were undertaken at a deemed price
of 0.3p per share. The Ordinary Shares were acquired from the
Estate of the late Philip Stephens. The Company understands that
there was no cash consideration and that the price of these
transactions was a deemed price as the Ordinary Shares were
acquired from the Estate of the late Philip Stephens in lieu of
settlement of an outstanding debt between Messrs Tatnall and
Longley and the Estate of late Philip Stephens.
**ENDS**
For further information, please visit www.plutuspowergen.com, or
contact:
+44 (0) 20 8720
Plutus PowerGen Plc 6562
Charles Tatnall, Executive Chairman
Allenby Capital Limited (Nominated Adviser +44 (0)20 3328
and Joint Broker) 5656
Nick Athanas
James Hornigold
Turner Pope Investments (TPI) Limited +44 (0)20 3621
(Joint Broker) 4120
Andy Thacker
St Brides Partners Limited (Financial +44 (0)20 7236
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 James Longley
--------------------------- -----------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Interim Chief Executive Officer
and Chief Financial Officer
(PDMR)
--------------------------- -----------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------- -----------------------------------
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 Ordinary shares of 0.1p each
financial instrument, in Plutus Powergen plc
type of instrument
Identification code Identification code (ISIN)
for Plutus Powergen plc ordinary
shares: GB00B1GDWB47
--------------------------- -----------------------------------
b) Nature of the transaction Transfer of Ordinary Shares
from personal holding into
a SIPP
--------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Sale of shares
at 0.17p 5,420,945
Purchase of
shares by SIPP
at 0.1705p 5,420,945
----------
--------------------------- -----------------------------------
d) Aggregated information Price(s) Volume(s)
- Aggregated volume Transfer at
- Price 0.17025p 5,420,945
--------------------------- -----------------------------------
e) Date of the transaction 12/11/19
--------------------------- -----------------------------------
f) Place of the transaction London Stock Exchange
--------------------------- -----------------------------------
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
DSHGMMMMVZGGLZM
(END) Dow Jones Newswires
November 12, 2019 11:04 ET (16:04 GMT)
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