Director/PDMR Shareholding

Eneraqua Technologies PLC

11 September 2023

 

11 September 2023

Eneraqua Technologies plc

("Eneraqua Technologies", the "Company" or the "Group")

Director / PDMR Shareholding

Eneraqua Technologies plc, a provider of specialist energy and water efficiency solutions, announces that it was informed on 8 September 2023 that Mitesh Dhanak, Chief Executive Officer, acquired ordinary shares in the Company of 0.1p each ("Ordinary Shares") (the "Purchase").

Mitesh Dhanak, Chief Executive Officer, purchased in aggregate 44,900 Ordinary Shares. Following the purchase Mitesh Dhanak and certain parties closely associated with him, are interested in 5,817,327 Ordinary Shares, representing approximately 17.5 per cent. of the Company's issued share capital.

For further information please contact: Eneraqua Technologies plc Mitesh Dhanak, Chief Executive Officer Iain Richardson, Chief Financial Officer		Via Alma PR
Liberum (Nomad and Joint Broker) Edward Mansfield Benjamin Cryer		Tel: [phone]
Singer Capital Markets (Joint Broker) Sandy Fraser Justin McKeegan Asha Chotai		Tel: [phone]
Alma PR (Financial PR) Justine James Sam Modlin Will Ellis Hancock		Tel: [phone] [e-mail]

Notes to editors

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group has two divisions energy and water. Energy is the larger division, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals.

The water division is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes.

The activities in both divisions are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems.

The Company's main country of operation is the United Kingdom. The Company's head office is based in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 168 employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.

To find out more, please visit:  www.eneraquatechnologies.com

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	Mitesh Ramji Dhanak
2	Reason for the notification
a)	Position/status	Chief Executive Officer of Eneraqua Technologies Plc
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eneraqua Technologies plc
b)	LEI	21380045T7LPP2T83245
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 instrument, type of instrument	Ordinary shares of 1 pence each ("Ordinary Shares")
	Identification code	GB00BNYDGM91
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1.027950	44,900
d)	Aggregated information
	- Aggregated volume	As in 4.c) above
	- Price
e)	Date of the transaction	08/09/2023
f)	Place of the transaction	Off exchange (XOFF)

 

END