Director/PDMR Shareholding

RNS Number : 0183Z
Velocys PLC
18 May 2021
 

Velocys plc ("Velocys" or the "Company")

18 May 2021

Directors' Shareholdings

Velocys plc (VLS.L), the international UK-based sustainable fuels technology company, announces that the following directors have purchased Ordinary Shares of 1 penny each in the Company ("Shares").  Details of the purchases and resultant holdings are as follows:

Director

Date of
purchase

Number
of Shares purchased

Purchase
price

Total
Shares
held

% ISC held following
purchase

Henrik Wareborn

(Chief Executive Officer)

17 May 2021

200,000

5.45 pence

2,318,445

0.22%

 

Andrew Morris

(Chief Financial Officer)

 

18 May 2021

 

200,000

 

5.35 pence

 

1,047,817

 

0.10%

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

Henrik Wareborn

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

Velocys plc

b)

LEI

549300KGMQV70HA5Y715

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

Identification code

Ordinary Shares of 1 penny each

 

 

ISIN: GB00B11SZ269

b)

Nature of the transaction

Purchase of shares

 

c)

Price(s) and volume(s)

 Price

No. of shares

5.45 pence 

200,000

d)

Aggregated information

- Aggregated volume

- Price

 

 

Volume:  200,000

Price:  5.45 pence

e)

Date of the transaction

17 May 2021

f)

Place of the transaction

London Stock Exchange

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Morris

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

Velocys plc

b)

LEI

549300KGMQV70HA5Y715

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

Identification code

Ordinary Shares of 1 penny each

 

 

ISIN: GB00B11SZ269

b)

Nature of the transaction

Purchase of shares

 

c)

Price(s) and volume(s)

 Price

No. of shares

5.35 pence 

200,000

d)

Aggregated information

- Aggregated volume

- Price

 

 

Volume:  200,000

Price:  5.35 Pence

e)

Date of the transaction

18 May 2021

f)

Place of the transaction

London Stock Exchange

 

For further information, please contact:

Velocys

Henrik Wareborn, CEO

Andrew Morris, CFO

Lak Siriwardene, Head of Communications & Sustainability

 

+44 1865 800821

Panmure Gordon (UK) Limited (Nomad and Joint Broker)

Dan Norman (Corporate Broking)

Emma Earl (Corporate Finance)
John Prior (Corporate Finance)

 

+44 20 7886 2500

Shore Capital Stockbrokers Limited (Joint Broker)

Henry Willcocks (Corporate Broking)

Toby Gibbs (Corporate Advisory)

Sarah Mather (Corporate Advisory)

+44 20 7408 4090

Radnor Capital (Investor Relations)

Joshua Cryer

Iain Daly

+44 20 3897 1830

 

Field Consulting (General PR)

Hannah McLaughlin

+44 20 3697 7953

 

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