Director Share Holding

Summary by AI BETAClose X

Pineapple Power Corporation PLC has announced the allotment of 11,600,000 new ordinary shares to director Nicholas Nelson, bringing his total shareholding to this amount. This allotment resulted from the conversion of £29,000 of Convertible Loan Notes (CLNs) at a conversion price of £0.0025 per share, which were issued as part of a £300,000 fundraising announced on June 29, 2026, and also included a £9,000 bridging loan from Mr. Nelson. Following this, the company has 94,932,877 ordinary shares in issue and £289,000 in CLNs remaining, convertible into 115,600,000 shares.

Disclaimer*

Pineapple Power Corporation PLC
21 September 2026
 

 

21 September 2026

 

PINEAPPLE POWER CORPORATION PLC

 

CLN Conversion and Allotment of New Shares

 

Director Share Holding

 

Pineapple Power Corporation PLC (the "Company") announces the allotment of 11,600,000 new ordinary £0.001 shares to Nicholas Nelson, a director of the Company.

 

On 29th June 2026, the Company announced that it had raised £300,000 through the issue of Convertible Loan Notes ("CLNs") with a conversion price of £0.0025.

 

Mr Nelson participated in the CLNs in the amount of £20,000. He was also issued Convertible Loan Notes on the same terms against a £9,000 bridging loan he had provided to the Company at an earlier date.

 

Mr Nelson's total shareholding in the Company is now 11,600,000 shares.

 

Following this allotment the Company has 94,932,877 ordinary £0.001 shares in issue and £289,000 in CLNs, convertible into 115,600,000 Convertible Loan Notes

 

 

Pineapple Power Corporation  PLC                                                              

 

Contact Nicholas Nelson via Flagstaff

                                                         

 

Flagstaff Strategic and Investor Communications

 

Tim Thompson / Alison Alfrey / Anna Probert                                   Tel:+44 (0) 207 129 1474

                                                                                                         pineapple@flagstaffcomms.com

 

Corporate Broker- AlbR Capital

Guy Miller                                                                                                 gm@albrcapital.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

Nicholas Nelson

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

Pineapple Power Corporation plc

b)

LEI

213800BTD7JL99MTGQ68

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 0.1 pence in Pineapple Power Corporation plc

 

Identification code (ISIN) for Pineapple Power Corporation plc Ordinary Shares: GB00BD0SN947

b)

Nature of the transaction

Conversion of Convertible Loan Notes into 11,600,000 Ordinary Shares

 

c)

Price(s) and volume(s)

Convertible Loan Notes:

●    Price: Conversion price at 0.25 pence per Ordinary Share

●    Volume (principal value of Convertible Loan Notes): £29,000 of Convertible Loan Notes

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

 

e)

Date of the transaction

21 September 2026

f)

Place of the transaction

Outside a trading venue

 

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END
 
 
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