Director Dealing

RNS Number : 7891J

EQTEC PLC

29 April 2022

 

29 April 2022

EQTEC plc

("EQTEC", the "Company" or the "Group")

Director Dealing

EQTEC plc (AIM: EQT), a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production , announces that David Palumbo , Chief Executive Officer, has purchased 2,150,537 ordinary shares of €0.001 each in the Company ("Ordinary Shares") for an average price of 0.93 pence per Ordinary Share.

Accordingly, David Palumbo's total holding in the Company is 45,809,627 Ordinary Shares, representing approximately 0.53% per cent of the Company's issued share capital. In addition, David Palumbo is interested in, in aggregate, 241,829,923 options and warrants to subscribe for Ordinary Shares in the Company.

ENQUIRIES

EQTEC plc	[phone]
David Palumbo / Nauman Babar
Strand Hanson - Nomad & Financial Adviser	[phone]
James Harris / James Dance
Arden Partners - Joint Broker	[phone]
Paul Shackleton (Corporate) / Simon Johnson (Sales)
Canaccord Genuity - Joint Broker	[phone]
Henry Fitzgerald-O'Connor / James Asensio / Patrick Dolaghan
Alma PR - Financial Media & Investor Relations	[phone]
Josh Royston / Sam Modlin	[e-mail]
BECG - General Media Enquiries	[phone] / [phone]
Carrie Lowe / Tom Gosschalk	[e-mail]

About EQTEC plc

As one of the world's most experienced gasification technology and engineering companies, with a growing track record of delivering operational and commercial success for transforming waste-to-energy through best-in-class technology innovation, engineering and project development , EQTEC brings together design innovation, project delivery discipline and solid commercial experience to add momentum to the global energy transition. EQTEC's proven, proprietary and patented technology is at the centre of clean energy projects, sourcing local waste, championing local businesses, creating local jobs and supporting the transition to localised, decentralised and resilient energy systems.

EQTEC designs, supplies and builds advanced gasification facilities in the UK, EU and US, with highly efficient equipment that is modular and scalable from 1MW to 30MW. EQTEC's versatile solutions process over 50 varieties of feedstock, including forestry wood waste, vegetation and other agricultural waste from farmers, industrial waste and sludge from factories and municipal waste, all with no hazardous or toxic emissions . EQTEC's solutions produce a pure, high-quality synthesis gas ("syngas") that can be used for the widest range of applications, including the generation of electricity and heat, production of synthetic natural gas (through methanation) or biofuels (through Fischer-Tropsch, gas-to-liquid processing) and reforming of hydrogen.

EQTEC's technology integration capabilities enable the Group to lead collaborative ecosystems of qualified partners and to build sustainable waste reduction and green energy infrastructure around the world.

The Company is quoted on AIM (ticker: EQT) and the London Stock Exchange has awarded EQTEC the Green Economy Mark, which recognises listed companies with 50% or more of revenues from environmental/green solutions.

Further information on the Company can be found at www.eqtec.com .  

PDMR Notification Form :

The notifications below are made in accordance with the requirements of UK MAR:

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Palumbo
2.	Reason for the Notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EQTEC plc
b)	LEI	63540085VSYVDEINJO04
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 EUR 0.001 each
	Identification code	IE00BH3XCL94
b)	Nature of the Transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.0093 2,150,537
d)	Aggregated information Aggregated volume Price
e)	Date of the transaction	28 April 2022
f)	Place of the transaction	AIM (LSE)

 

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