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OPG Power Ventures (OPG)

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Tuesday 07 January, 2020

OPG Power Ventures

Director/PDMR Shareholding - Scrip Dividend

RNS Number : 0343Z
OPG Power Ventures plc
07 January 2020
 

7 January 2020

OPG Power Ventures plc 

("OPG", the "Group" or the "Company")

Director/PDMR Shareholding - Scrip Dividend

The Company announces that the following directors received ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at the reference price of 18.15 pence per share, through the Scrip dividend announced on 1 August 2019 and issued on 6 January 2020:

Director

Position

Ordinary Shares issued on 9 January 2020 pursuant to the Scrip Dividend

Total number of Ordinary Shares held post Scrip Dividend

% of issued share capital following admission of Scrip Dividend shares

Gita Investments Limited1

Executive Chairman

6,607,749

206,492,166

51.5%

Jeremy Warner Allen

Non-Executive Deputy Chairman

35,989

1,124,680

0.3%

Dmitri Tsvetkov

Chief Financial Officer

36,054

1,126,691

0.3%

Jeremy Beeton

Non-Executive Director

1,652

51,652

0.0%


1
Beneficial interest in these shareholdings vests with Arvind Gupta and family.

 

For further information, please visit www.opgpower.com or contact:

OPG Power Ventures PLC

+91 (0) 44 429 11211

Arvind Gupta / Dmitri Tsvetkov




Cenkos Securities (Nominated Adviser & Broker)

+44 (0) 20 7397 8900

Russell Cook/ Stephen Keys




Tavistock (Financial PR)

+44 (0) 20 7920 3150

Simon Hudson / Barney Hayward / Nick Elwes


 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.     Gita Investments Limited

2.     Jeremy Warner Allen

3.     Dmitri Tsvetkov

4.     Jeremy Beeton

2

Reason for the notification

a)

Position/status

1.     Executive Chairman

2.     Non-Executive Deputy Chairman

3.     Chief Financial Officer

4.     Non-Executive Director

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

OPG POWER VENTURES PLC

b)

LEI

213800MLM7O87QIGIK85

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 0.0147p each
 

ISIN: IM00B2R3RX72

b)

Nature of the transaction

Acquisition of Ordinary Shares pursuant to Scrip Dividend

c)

Price(s) and volume(s)

Price(s)

1.     18.15 pence

2.     18.15 pence

3.     18.15 pence

4.     18.15 pence

Volume(s)

1.     6,607,749

2.     35,989

3.     36,054

4.     1,652

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

e)

Date of the transaction

6 January 2020

f)

Place of the transaction

Outside of a trading venue

 


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