3rd Oct 2005 07:01
Enova Systems, Inc.03 October 2005 SCHEDULE 11 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to theshares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating theshares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and17 to 24. (4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completeboxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes should in block capital letters. 1. Name of the issuer ENOVA SYSTEMS, INC. 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (i) a transaction notified in accordance with DR 3.1.4R(1)(a) 3. Name of person discharging managerial responsibilities/director EDWARD MOORE 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify the connected person N/A 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a nonbeneficial interest 1 AS PER 3 ABOVE 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares ORDINARY NO PAR SHARES 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them EDWARD MOORE 8 State the nature of the transaction ISSUE OF SHARES PURSUANT TO EMPLOYEE STOCK OPTION PLAN 9. Number of shares, debentures or financial instruments relating to sharesacquired 5,000 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.07% 11. Number of shares, debentures or financial instruments relating to sharesdisposed N/A 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A 13. Price per share or value of transaction 246p 14. Date and place of transaction 26 September 2005, TORRANCE, CALIFORNIA, USA 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 5,666 0.55% 16. Date issuer informed of transaction 26 September 2005 If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant 22 SEPTEMBER 2005 18. Period during which or date on which it can be exercised UP TO 23,000 SHARES SHALL VEST COMMENCING 15 JANUARY 2006 BASED ON PERFORMANCEMILESTONES. UP TO REMAINING 23,000 SHARES SHALL VEST COMMENCING 15 JANUARY 2007BASED ON PERFORMANCE MILESTONES. OPTIONS SHALL REMAIN IN EFFECT FOR TEN YEARSFROM DATE OF GRANT WHILE EMPLOYED. 19. Total amount paid (if any) for grant of the option NIL 20. Description of shares or debentures involved (class and number) 46,000 ORDINARY NO PAR SHARES 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise 246p 22. Total number of shares or debentures over which options held followingnotification 79,333 23. Any additional information IN THE EVENT THAT PERFORMANCE MILESTONES ARE NOT MET, THE OPTIONS TO BE VESTEDFOR THAT PERIOD SHALL TERMINATE IMMEDIATELY. 24. Name of contact and telephone number for queries LARRY LOMBARD 13105273847 Name and signature of duly authorised officer of issuer responsible for makingnotification __/s/ Larry Lombard___________________ LARRY LOMBARD, CFO Date of notification: 3 OCTOBER 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Enova Systems Inc