28th Nov 2018 07:00
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via a Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
Plutus PowerGen Plc / Ticker: PPG / Index: AIM
PLUTUS POWERGEN PLC
("Plutus", the "Group" or the "Company")
28 November 2018
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 Charles Tatnall, Executive Chairman of the Company, yesterday purchased 5,000,000 ordinary shares of 0.1 pence each ("Ordinary Shares") at an average price of 0.49762 pence per Ordinary Share (the "Purchase").
Following the Purchase, Charles Tatnall has a total beneficial interest in 80,500,000 Ordinary Shares, representing 9.75 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 3705 8350 |
David Foreman | Cantor Fitzgerald Europe | Tel: +44 (0) 20 7894 7000 |
Richard Salmond | Cantor Fitzgerald Europe | Tel: +44 (0) 20 7894 7000 |
Andy Thacker | Turner Pope | Tel: +44 (0) 20 3621 4120 |
Hugo 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: | Charles Tatnall | ||||||||||||||
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: | 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): |
| ||||||||||||||
d) | Aggregated information:
Aggregated volume:
Price: | Single transaction as in 4 c) above
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e) | Date of transaction: | 27/11/2018 | ||||||||||||||
f) | Place of transaction | London Stock Exchange | ||||||||||||||
Related Shares:
PPG.L