Director/PDMR Shareholding

Earnz PLC

08 April 2024

 

For immediate release

8 April 2024

EARNZ plc

("EARNZ" or the "Company")

Director / PDMR Shareholdings

EARNZ (AIM: EARN), an AIM Rule 15 cash shell which is seeking acquisitions in the energy services sector, announces that following Admission, the Directors' and their respective PCA's shareholdings as appropriate are as follows:

Director	No. of shares held pre-Admission	% of shares held pre-Admission	No. of shares subscribed / converted	Total resultant shareholding post-Admission	% of enlarged share capital held post-Admission
Bob Holt (Chairman)	-	-	4,666,666	4,666,666	7.42%
Angela Burnett (wife of Bob Holt)	-	-	133,333	133,333	0.21%
John Charlton (Executive Director)	333,333	3.49%	-	333,333	0.53%
Catherine Charlton (wife of John Charlton)	-	-	133,333	133,333	0.21%
Elizabeth Lake (Non-Executive Director)	1,333,333	13.97%	-	1,333,333	2.12%

Capitalised terms used in this announcement, unless otherwise defined, shall have the meanings given to them in the Company's announcement dated 18 March 2024.

Enquiries:

EARNZ plc	[phone]
Bob Holt John Charlton
Shore Capital - Nominated Adviser and Joint Broker	[phone]
Tom Griffiths / Lucy Bowden
WH Ireland Limited - Joint Broker	[phone]
Hugh Morgan / Antonio Bossi / Andrew de Andrade

The notifications below, made in accordance with the requirements of the UK 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	Mr Bob Holt
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EARNZ plc
b)	LEI	213800YWMHGTNXCWZC33
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	1. Issue of Subscription Shares pursuant to the Fundraise at an Issue Price of 7.5 pence per share 2. Issue of Loan Shares at 7.5 pence per share ISIN: GB00BRC2TB67
b)	Nature of the transaction	1. Issue of Subscription Shares pursuant to the Fundraise at an Issue Price of 7.5 pence per share 2. Issue of Loan Shares at 7.5 pence per share
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. 7.5p 666,666 2. 7.5p 4,000,000
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: 4,666,666 Aggregated price: 7.5p
e)	Date of the transaction	8 April 2024
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Angela Burnett
2	Reason for the notification
a)	Position/status	PCA of Chairman (Bob Holt)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EARNZ plc
b)	LEI	213800YWMHGTNXCWZC33
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	1. Issue of Subscription Shares pursuant to the Fundraise at an Issue Price of 7.5 pence per share ISIN: GB00BRC2TB67
b)	Nature of the transaction	Issue of Subscription Shares pursuant to the Fundraise at an Issue Price of 7.5 pence per share
c)	Price(s) and volume(s)	Price(s) Volume(s) 7.5p 133,333
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: N/A Aggregated price: N/A
e)	Date of the transaction	8 April 2024
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mrs Catherine Charlton
2	Reason for the notification
a)	Position/status	PCA of Executive Director (John Charlton)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EARNZ plc
b)	LEI	213800YWMHGTNXCWZC33
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	1. Issue of Subscription Shares pursuant to the Fundraise at an Issue Price of 7.5 pence per share ISIN: GB00BRC2TB67
b)	Nature of the transaction	Issue of Subscription Shares pursuant to the Fundraise at an Issue Price of 7.5 pence per share
c)	Price(s) and volume(s)	Price(s) Volume(s) 7.5p 133,333
d)	Aggregated information - Aggregated volume - Price	Aggregated volume: N/A Aggregated price: N/A
e)	Date of the transaction	8 April 2024
f)	Place of the transaction	AIMX

 

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