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Plutus PowerGen PLC (PPG)

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Tuesday 07 May, 2019

Plutus PowerGen PLC

Director Shareholding

RNS Number : 2588Y
Plutus PowerGen PLC
07 May 2019
 

Plutus PowerGen Plc / Ticker: PPG / Index: AIM

 

PLUTUS POWERGEN PLC

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

 

7 May 2019

 

Director Shareholding

 

Plutus PowerGen PLC (AIM: PPG), the AIM listed power company focused on the development and operation of flexible energy generation ('FlexGen') projects in the UK, announces that it has today been notified that James Longley, Chief Financial Officer of the Company, today transferred 10,649,666 ordinary shares of 0.1 pence each ("Ordinary Shares") at an average price of 0.30 pence per Ordinary Share into a SIPP account (the "Transfer").

 

Following the Transfer, James Longley's total beneficial interest remains unchanged at 67,500,000 Ordinary Shares, representing 8.18 per cent. of the Company's issued Ordinary Share capital.

 

 

ENDS

 

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

 

Charles Tatnall

Plutus PowerGen Plc

Tel: +44 (0) 20 7582 6598

David Foreman

Cantor Fitzgerald Europe

Tel: +44 (0) 20 7894 7000

Richard Salmond

Cantor Fitzgerald Europe

Tel: +44 (0) 20 7894 7000

Isabel de Salis

St Brides Partners Limited

Tel: +44 (0) 20 7236 1177

 

Appendix

 

The below notification is made in accordance with the requirements of the EU Market Abuse Regulation.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

James Longley

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:

Plutus PowerGen plc

b)

LEI:


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

 

GB00B1GDWB47

b)

Nature of the transaction:

Transfer of shares into an ISA

c)

Price(s) and volume(s):

 

Prices(s)

Volume(s)

Sale of  shares at 0.30 pence

 

10,649,666

 

Purchase of shares by SIPP at 0.303 pence

 

10,649,666



 

d)

Aggregated information:

 

Aggregated volume:

 

Price:

 

 

Prices(s)

Volume(s)

Transfer at 0.30 pence

10,649,666

 

e)

Date of transaction:

7 May 2019

f)

Place of transaction

London Stock Exchange

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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