Director/PDMR Shareholding

EQTEC PLC

16 October 2023

 

16 October 2023

EQTEC plc

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

Director Dealing

EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels, and energy generation announces that Yoel S. Alemán Méndez ("Yoel Alemán"), Chief Technical Officer, has purchased 15,000,000 ordinary shares of €0.001 each in the Company ("Ordinary Shares") for a price of 0.06 pence per Ordinary Share.

Accordingly, Yoel Alemán's total holding in the Company is 200,791,970 Ordinary Shares, representing approximately 1.74 per cent. of the Company's issued share capital. In addition, Yoel Alemán is interested in, in aggregate, 114,935,888 options to subscribe for Ordinary Shares in the Company.

ENQUIRIES

EQTEC plc David Palumbo / Nauman Babar	[phone]
Strand Hanson - Nomad & Financial Adviser James Harris / Richard Johnson	[phone]
Panmure Gordon - Broker John Prior / Hugh Rich	[phone]
Instinctif - Media & investor relations enquiries Guy Scarborough / Tim Field	[e-mail] [phone] / [phone]

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

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	Yoel S. Alemán Méndez
2.	Reason for the Notification
a)	Position/status	CTO
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)  0.06p 15,000,000
d)	Aggregated information  Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	13 October 2023
f)	Place of the transaction	AIM (LSE)

 

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