PDMR Dealing and Holding(s) in Company

RNS Number : 8656R

AMTE Power PLC

10 November 2021

 

10 November 2021

AMTE Power Plc

PDMR Dealing and Holding(s) in Company

AMTE Power Plc ("AMTE " or the "Company"), a developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, has been notified on 8 November 2021 that Adam Westcott, the Company's Chief Financial Officer and a PDMR (who will be leaving AMTE on 8 December 2021 and not standing for re-election to the Board at the Company's Annual General Meeting on 17 November 2021), sold 137,500 ordinary shares in AMTE ("Ordinary Shares") at a volume-weighted average price of 161.29 pence per share.

Following this notification, Adam holds 218,588 Ordinary Shares.

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ADAM WESTCOTT
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification 08/11/2021
3.	Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AMTE Power plc
b)	LEI	213800D4QZXUAZR6K870
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 GBP0.005 ISIN: GB00BNQRZZ55
b)	Nature of the transaction(s)	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 165p 11,487
d)	Aggregated information -  Aggregated volume -  Price	11,487 165p
e)	Date of the transaction	29/10/2021
f)	Place of the transaction	London Stock Exchange AIM

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ADAM WESTCOTT
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification 08/11/2021
3.	Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AMTE Power plc
b)	LEI	213800D4QZXUAZR6K870
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 GBP0.005 ISIN: GB00BNQRZZ55
b)	Nature of the transaction(s)	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 155p 7,500 159p 18,974
d)	Aggregated information -  Aggregated volume -  Price	26,474 155p - 159p
e)	Date of the transaction	02/11/2021
f)	Place of the transaction	London Stock Exchange AIM

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ADAM WESTCOTT
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification 08/11/2021
3.	Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AMTE Power plc
b)	LEI	213800D4QZXUAZR6K870
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 GBP0.005 ISIN: GB00BNQRZZ55
b)	Nature of the transaction(s)	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 157.6p 5,000 160.67p 56,922
d)	Aggregated information -  Aggregated volume -  Price	61,922 157.6p - 160.67p
e)	Date of the transaction	04/11/2021
f)	Place of the transaction	London Stock Exchange AIM

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	ADAM WESTCOTT
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification 08/11/2021
3.	Details of the issuer , emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AMTE Power plc
b)	LEI	213800D4QZXUAZR6K870
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 GBP0.005 ISIN: GB00BNQRZZ55
b)	Nature of the transaction(s)	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 162p 37,617
d)	Aggregated information -  Aggregated volume -  Price	37,617 162p
e)	Date of the transaction	05/11/2021
f)	Place of the transaction	London Stock Exchange AIM

For further information contact:

AMTE Power plc Kevin Brundish (Chief Executive Officer) James Hobson (Chief Financial Officer)	Tel: [phone]
WH Ireland Limited (NOMAD and Joint Broker) Chris Fielding / Ben Good	Tel: [phone]
SI Capital Limited (Joint Broker) Nick Emerson / Nick Briers	Tel: [phone]
Novella Communications Tim Robertson / Fergus Young	Tel: [phone]

ABOUT AMTE POWER PLC

AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion battery cells for specialist markets. In March 2021, the Company listed on the AIM market of the London Stock Exchange, making the Company the only listed UK battery manufacturer. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance, and safety. These new products are targeted at a range of specialist markets including the automotive industry, oil and gas market and energy storage sector. AMTE's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. For further information visit the Company's website:  www.amtepower.com

LEI: 213800D4QZXUAZR6K870

 

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