13th Nov 2017 14:40
Aggregated Micro Power Holdings plc
("AMP", the "Company" or the "Group")
Director/PDMR Shareholding
Aggregated Micro Power Holdings plc (AIM: AMPH), a distributed energy company specialising in the sale of wood fuels and the financing and installation of distributed energy projects including biomass boiler ESCOs (Energy Supply Contracts), stand by power generation and battery storage facilities, was notified on 10 November 2017 that on the same day Neil Eckert, Executive Chairman of the Company, undertook the following transactions in the ordinary shares of 0.5 pence each in the Company ("Shares"):
- the transfer, via sale and purchase, of 339,756 Shares. He sold 339,756 Shares at a price of 103 pence per Share from an account in his own name and bought 339,756 Shares at a price of 103 pence per Share in his self-invested personal pension; and
- the purchase, in his own name, of a total of 102,700 Shares at a price of 103 pence per Share.
Following the Transfer, Mr Eckert's total beneficial interest in the Company is 7,806,700 Shares representing approximately 18.1% of the Company's issued share capital; and £645,000 nominal of CLN's.
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 | Neil Eckert | ||||||||
2. | Reason for the Notification | |||||||||
a) | Position/status | 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 | Aggregated Micro Power Holdings plc | ||||||||
b) | LEI | 2138001HABA1FAB3WC13 | ||||||||
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 | Ordinary Shares of 0.5 pence | ||||||||
Identification code | GB00BC4F3V69 | |||||||||
b) | Nature of the transaction | 1. Transfer of Ordinary Shares via sale and purchase 2. Purchase of Ordinary Shares | ||||||||
c) | Price(s) and volume(s) | 1. Transfer via sale and purchase of Ordinary Shares
2. Purchase of Ordinary Shares
| ||||||||
d) | Aggregated information: · Aggregated volume · Price |
1. Transfer via sale of 339,756 Ordinary Shares at 103p per Ordinary Share and purchase of 339,756 Ordinary Shares at 103p per Ordinary Share from Mr Eckert's own name to his self-invested personal pension
2. Purchase of 102,700 Ordinary Shares at 103p per Ordinary Share | ||||||||
e) | Date of the transaction | 10 November 2017 | ||||||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||||||
Enquiries:
Aggregated Micro Power Holdings plc Tel: 020 7382 7800
Neil Eckert, Executive Chairman
Richard Burrell, CEO
Helene Crook, Investor Relations
finnCap Ltd (NOMAD & Broker) Tel: 020 7220 0500
Ed Frisby/Simon Hicks (corporate finance)
Stephen Norcross (corporate broking)
Haggie Partners (Financial PR) Tel: 020 7562 4444
Peter Rigby/Brian Norris
Notes to Editors:
About Aggregated Micro Power Holdings plc
The AMP Group was established to develop, own and operate renewable energy generating facilities. It specialises in the sale of wood fuels and in the installation of distributed energy projects. AMP's wholly owned subsidiary Forest Fuels sells high quality wood chip and wood pellet to end customers throughout the UK, while its projects division installs biomass boiler and biomass CHP systems for a wide range of applications and customers. AMP is also active in developing projects for stand-by power generation and battery storage facilities which aim to balance the transmission grid at times of peak demand.
www.ampplc.co.uk
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
Related Shares:
AMPH.L