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MyCelx Tech. Corp. (MYX)

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Friday 16 August, 2019

MyCelx Tech. Corp.

Director Shareholding

RNS Number : 3857J
MyCelx Technologies Corporation
16 August 2019
 

 

16 August 2019

MYCELX TECHNOLOGIES CORPORATION (AIM: MYX)

("MYCELX" or the "Company")

Director Shareholding

 

The Company announces that today, 16 August 2019, Non-Executive Chairman, Tim Eggar, and Chief Executive Officer, Connie Mixon purchased 8,182 and 450,000 shares, respectively, in the Company at a price of 55p per share.

Following this transaction, Tim Eggar holds 140,511, while Connie Mixon holds 1,457,703, ordinary shares in the Company, representing 0.72% and 7.50%, respectively, of the Company's issued share capital.

The Notification of Dealing Forms set out below is made in fulfilment of the obligation under Article 19 of the EU Market Abuse Regulation:

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tim Eggar

2.

Reason for the notification


a)

Position/status

Non-Executive Chairman

b)

Initial notification/Amendment

Initial Notification

3.

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


a)

Name

Mycelx Technologies Corporation

b)

LEI

213800UJZINIK2VD1G48

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 $0.025 each.


ISIN - MYX.L = US62847T2024 (DI)

ISIN - MYXR.L = USU624551151 (REG S)

 

b)

Nature of the transaction:

Purchase of shares

 

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

55p

8,182

 

d)

Aggregated information:

·      Aggregate volume

·      Price

 

 

Aggregated volume: 8,182

Price: 55p

 

e)

Date of the transaction:

16 August 2019

f)

Place of the transaction:

London Stock Exchange [XLON]

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Connie Mixon

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

Mycelx Technologies Corporation

b)

LEI

213800UJZINIK2VD1G48

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 $0.025 each.


ISIN - MYX.L = US62847T2024 (DI)

ISIN - MYXR.L = USU624551151 (REG S)

 

b)

Nature of the transaction:

Purchase of shares

 

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

55p

450,000

 

d)

Aggregated information:

·      Aggregate volume

·      Price

 

 

Aggregated volume: 450,000

Price: 55p

 

e)

Date of the transaction:

16 August 2019

f)

Place of the transaction:

London Stock Exchange [XLON]

 

 

For further information please contact: 

MYCELX Technologies Corporation

Time Eggar, Non-Executive Chairman

Connie Mixon, CEO

Kim Slayton, CFO

 

Tel: +1 888 306 6843

Numis Securities Limited

John Prior

Alamgir Ahmed

James Black

Emily Morris

 

Tel: +44 20 7260 1000

Celicourt

Mark Antelme

Jimmy Lea

 

Tel: +44 20 8434 2754

Notes to Editors

MYCELX is a revolutionary oil-free water technology company solving the world's toughest oil removal problems in the oil and gas industry. The systems are based upon scientific breakthrough for a completely different approach to permanent oil removal. The Company created the patented MYCELX polymer using innovative molecular cohesion for removing oil from water far beyond what conventional systems have ever achieved. MYCELX systems remove oil to critically low levels in a much smaller physical footprint than conventional systems and in a virtually fail-safe process.

www.mycelx.com


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