Director/PDMR Shareholding

RNS Number : 8580Z

Advance Energy PLC

23 September 2020

 

23 September 2020

Advance Energy plc

("Advance Energy" or the "Company")

Director/PDMR Shareholding

Advance Energy plc ( AIM:ADV ), the energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, advises that Leslie Peterkin, Chief Executive Officer, has purchased ordinary shares in the Company, as detailed below:

Number of Ordinary Shares	Average Price Paid Per Share	Total Consideration Paid
5,500,000	0.21 pence	£11,550.00

Following the above purchase of shares, Mr Peterkin holds interests in the following Company securities:

Number of Ordinary Shares Held	% of Issued Share Capital	Number of Share Options Held
138,833,333	8.9%	50,000,000

Mr Peterkin's shares are held in the name of Jabelle Pty Ltd.

 

Enquiries:

Buchanan (Public Relations)

Ben Romney / Kelsey Traynor                                       [phone]

Beaumont Cornish Limited (Nominated Adviser)

Roland Cornish / James Biddle                                     [phone]

Novum Securities Limited (Joint Broker)

Colin Rowbury          [phone]

Optiva Securities Limited (Joint Broker)

Christian Dennis                                                                [phone]

For further information, please visit www.advanceplc.com   and @advanceplc on Twitter

To register for Advance's email alerts, please complete the following form:  https://www.advanceplc.com/media-centre/news/#alerts

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ("MAR").

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

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	Leslie Peterkin
2	Reason for the notification
a)	Position/status	Chief Executive Officer & Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Advance Energy plc
b)	LEI	213800TZWOYU7UFZ5V63
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 nil par value ISIN: IM00BZ7PNY71
b)	Nature of the transaction	Purchase of 5,500,000 ordinary shares
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.21 pence per share	5,500,000
d	Aggregated information - Aggregated volume - Price	-  5,500,000 -  0.21p
e)	Date of the transactions	22 September 2020
f)	Place of the transactions	Outside a trading venue

 

END

 

 

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