Director/PDMR Shareholding

RNS Number : 7786W

Eneraqua Technologies PLC

24 December 2021

 

 24 December 2021

Eneraqua Technologies plc

("Eneraqua Technologies", the "Company" or the "Group")

Director Dealing

Eneraqua Technologies plc, a specialist provider of energy and water efficiency solutions, announces that on 23 December 2021, the Company was notified that on the same day, Shancastle Investments Limited, a company connected with Guy Stenhouse, Non-Executive Chairman of the Company, purchased 27,500 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 276.364 pence per Ordinary Share.

Following this transaction, Guy Stenhouse's interest in Ordinary Shares, including that of his connected company, is 73,818 Ordinary Shares, representing 0.2% of the issued share capital of the Company.

For more information, please contact:

Eneraqua Technologies plc	Via Alma PR
Mitesh Dhanak, CEO	www.eneraquatechnologies.com
Iain Richardson, CFO
finnCap Limited - Nominated adviser and Broker	[phone]
Ed Frisby / Charlie Beeson - Corporate Finance
Andrew Burdis / Sunila de Silva - ECM
Alma PR - Financial PR and IR	[phone]
Justine James / Hilary Buchanan / Sam Modlin	[e-mail]

Notes to editors

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group has two divisions energy and water. Energy is the larger division, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals.

The water division is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes. 

The activities in both divisions are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems.

The Company's main country of operation is the United Kingdom. The Company's head office is based in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 94 full time employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.

To find out more, please visit:   www.eneraquatechnologies.com

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Shancastle Investments Limited
2.	Reason for the Notification
a)	Position/status	Person closely associated with Guy Stenhouse, Non-Executive Chairman of Eneraqua Technologies plc. Guy is a director of Shancastle Investments Limited and holds an interest in shares by way of person closely associated, and he exercises significant control
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Eneraqua Technologies plc
b)	LEI	21380045T7LPP2T83245
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	Ordinary shares of 1 pence each ("Ordinary Shares")
	Identification code	GB00BNYDGM91
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 276.346p 27,500
d)	Aggregated information:	as in 4.c) above
e)	Date of the transaction	23 December 2021
f)	Place of the transaction	London Stock Exchange, AIM market (XLON)

 

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