Director/PDMR share dealings

RNS Number : 9576J

eEnergy Group PLC

17 April 2020

 

eEnergy Group plc

("eEnergy" or "the Group")

Director/PDMR share dealings

eEnergy Group plc (AIM: EAAS), a leading "Energy Efficiency-as-a-Service" (EEaaS) business in the UK and Ireland, announces it was informed on 16 April 2020 that the following directors and PDMR purchased ordinary shares in the Company on 15 April and 16 April 2020:

Name and position	Number of shares held prior to purchase	Number of shares purchased at:		Resultant number of shares beneficially interested in	Percentage of current issued share capital
		Average price of 5.266 pence per share	Price of 5.9 pence per share
David Nicholl (Chairman)	13,128,153	80,000	13,333	13,221,486	10.10%
Harvey Sinclair (CEO)	20,645,428	80,000	13,333	20,738,761	15.84%
Richard Williams (CFO)	-	80,000	13,333	93,333	0.07%
Dr Nigel Burton (NED)	458,333	80,000	13,334	551,667	0.42%
Andrew Lawley (NED)	-	80,000	13,333	93,333	0.07%
Ian McKenna (Ireland MD)(PDMR)	20,645,428	80,000	13,334	20,738,762	15.84%

-ends-

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Contacts:

eEnergy Group plc	Tel: [phone]
Harvey Sinclair, Chief Executive Officer	[e-mail] www.eenergyplc.com
Cairn Financial Advisers (Nominated Adviser)	Tel: [phone]
Sandy Jamieson / James Caithie
Turner Pope Investments (Broker)	Tel: [phone]
Andy Thacker / Zoe Alexander	[e-mail]
Newgate Communications	Tel: [phone]
Giles Croot / Robin Tozer	[e-mail]

About eEnergy Group plc

eEnergy is an established "Energy Efficiency-as-a-Service" (EEaaS) business currently focused on providing "Light-as-a-Service" to commercial customers through eLight. eLight helps businesses and schools switch to LED lighting for a fixed monthly service fee, avoiding any upfront payments. For customers, the energy savings are greater than the monthly service fee, allowing them to unlock free cash-flow from day one as well as to improve the quality of their lighting and reduce carbon emissions.  eLight procures, funds, installs and maintains the LED lighting, meaning the customer has no risk.

eEnergy was admitted to AIM in January 2020. The Board's strategy is to develop eEnergy as a broader energy services company and acquire other businesses in the energy management sector. The market in the EU for energy efficiency services was approximately €25 billion in 2017 and is expected to double by 2025. 

eEnergy has been awarded The Green Economy Mark by the London Stock Exchange, which recognises a company's work on sustainability. 

https://eenergyplc.com/  

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	a)  David Nicholl b)  Harvey Sinclair c)  Richard Williams d)  Dr Nigel Burton e)  Andrew Lawley f)  Ian McKenna
2	Reason for notification
a.	Position/Status	a)  Director of the Company b)  Director of the Company c)  Director of the Company d)  Director of the Company e)  Director of the Company f)  PDMR
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	eEnergy Group Plc
b.	LEI	2138003SZQSPC16PLX94
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 0.3p each   ISIN: GB00BJP1KD31
b.	Nature of the transaction	Purchase of ordinary shares in the Company
c.	Price(s) and volume(s)
			Price(s) per share	Volume(s)
			a) 80,000 a) 13,333 b) 80,000 b) 13,333 c) 80,000 c) 13,333 d) 80,000 d) 13,334 e) 80,000 e) 13,333 f) 80,000 f) 13,333	a) 5.266p (average) a) 5.9p b) 5.266p (average) b) 5.9p c) 5.266p (average) c) 5.9p d) 5.266p (average) d) 5.9p e) 5.266p (average) e) 5.9p f)  5.266p (average) f)  5.9p
d.	Aggregated information -  Volume -  -  Price	480,000 and 80,000 ordinary shares 5.266p and 5.9p
e.	Date of the transaction	15 & 16 April 2020
f.	Place of the transaction	London Stock Exchange, AIM

 

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