Share Option Grant - replacement

RNS Number : 7824H

Good Energy Group PLC

19 November 2018

 

Good Energy Group PLC

("Good Energy" or the "Company")

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility and Connected Persons

Correcting Announcement

Further to the announcement made on 16 November 2018 regarding the grant of awards under the Company's share option scheme, a total of 505,169 awards were granted not 400,144 as originally stated.

The notification below is made in accordance with the requirements of article 19 of MAR and provides further details, including as to awards granted to persons discharging managerial responsibility which has been updated accordingly.

Share Option Grant

Good Energy Group PLC ("Good Energy" or "the Company"), an established renewable energy company supplying 100% renewable electricity and green gas to homes and businesses, and providing FIT services for renewable generators, announces that it has today granted options over 505,169 ordinary shares in the Company ("New Options") under the Company's share option scheme, including New Options granted to the following whom the Company considers to be persons discharging managerial responsibility:

Name	New Options Granted	Exercise Price of New Options	Vesting Date of New Options	Total Options held post New Options grant
Juliet Davenport*	122,472	5p	16 April 2021	705,729
Stephen Rosser**	57,528	5p	16 April 2021	84,799

*Juliet Davenport is the Chief Executive Officer of the Company

**Stephen Rosser is the General Counsel and Company Secretary

Enquiries:

Good Energy Group PLC

Juliet Davenport, Chief Executive Tel: [phone]

Charles Parry, Investor Relations

Investec Bank plc (Nominated Adviser)

Jeremy Ellis Tel: [phone]

Sara Hale

Alexander Ruffman

Notes to editors:

·      Good Energy is a pioneering clean energy company, powering the choice of a cleaner, greener future together with its people, customers and shareholders. Having led the way in renewable energy development since 1999 in areas including small and larger scale wind turbines, solar panels, biogen and hydro, and now in technologies like battery storage and electric vehicles, Good Energy is making it easier for people and businesses to make renewable energy part of their lives.  

·      Good Energy powers homes and businesses with 100% renewable electricity from a community of over 1,400 UK generators and owns and operate two wind farms, including the UK's first commercial wind farm, and six solar farms. In addition, Good Energy offers a green gas product which contains 6% biomethane - gas produced here in the UK from food waste. To make it completely carbon neutral, emissions from the rest of the gas its customers use is balanced through supporting verified carbon-reduction schemes in Malawi, Vietnam and Nepal.

•      Established to tackle climate change and help deliver energy security for the UK.

•      Founded in 1999 by Juliet Davenport OBE.

•      A British company based in Chippenham, Wiltshire.

•      Good Energy's electricity comes from local, natural sources like sunshine, wind and rain.

•      In 2017 Good Energy's generation output was 87.6GWh (2016: 80.7GWh).

•      As at 30 December 2017, Good Energy had over 250,000 domestic and business customers.

Twitter: twitter.com/goodenergy

Facebook: facebook.com/goodenergy.co.uk

Instagram: Instagram.com/GoodEnergy

Website: https://group.goodenergy.co.uk/

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Juliet Davenport
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibility
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Good Energy Group PLC
b)	LEI	549300RDCDCDNGLJB833
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, 5p GOOD
b)	Nature of the transaction	Award of share options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.05 122,472
d)	Aggregated information - Aggregated volume - Price	122,472 £6,123.75
e)	Date of the transaction	16 November 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Rosser
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibility
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Good Energy Group PLC
b)	LEI	549300RDCDCDNGLJB833
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, 5p GOOD
b)	Nature of the transaction	Award of share options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.05 57,528
d)	Aggregated information - Aggregated volume - Price	57,528 £2,876.40
e)	Date of the transaction	16 November 2018
f)	Place of the transaction	London Stock Exchange

 

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