Director/PDMR Shareholding

RNS Number : 2149S

Invinity Energy Systems PLC

12 July 2022

 

12 July 2022

Invinity Energy Systems plc

("Invinity" or the "Company")

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

Invinity Energy Systems plc (AIM:IES and AQSE:IES), a leading global manufacturer of utility-grade energy storage , announces that it has received notification from Mr Jonathan Marren, Chief Development Officer, being a person discharging managerial responsibility in the Company, of the purchase of shares set out in the notification of dealing form below.

Following the completion of this purchase of shares, his ultimate beneficial ownership is now 199,977 representing 0.17% of the Company's total voting rights.

1	Details of the person discharging managerial responsibilities
a)	Name	Jonathan Marren
2	Reason for the notification
a)	Position/status	Chief Development Officer
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Invinity Energy Systems plc
b)	LEI	213800N2NKOTYUNRCU14
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	Ordinary shares of €0.50 each
b)	Identification code of the Financial Instrument	JE00BLR94N79
c)	Nature of the transaction	Purchase of shares
d)	Price(s) and volume(s)	Price(s) Volume(s) GBP 0.4535 44,101
e)	Aggregated information:  volume, Price	Aggregated Volume: 44,101 Aggregated Price: GBP 19,999.80
f)	Date of the transaction	12 July 2022
g)	Place of the transaction	London Stock Exchange AIM Market (AIMX)

Enquiries :

Invinity Energy Systems plc	[phone]
Peter Dixon-Clarke, Chief Financial Officer Joe Worthington, Director of Communications
Canaccord Genuity (Nominated Adviser and Joint Broker)	[phone]
Henry Fitzgerald-O'Connor / James Asensio
VSA Capital (Financial Adviser and Joint Broker)	[phone]
Andrew Monk / Simon Barton
EAS Advisors LLC (US Corporate Advisor)	[phone]
Matthew Bonner / Chris Hutchinson

Notes to Editors

Invinity Energy Systems plc (AIM:IES and AQSE:IES) manufactures vanadium flow batteries for large-scale, high-throughput energy storage requirements of business, industry and electrical networks.

Invinity's factory-built flow batteries run continually with no degradation for over 25 years, making them suitable for the most demanding applications in renewable energy production. Energy storage systems based on Invinity's batteries are safe, reliable, and economical, and range in size from less than 250 kilowatt-hours to tens of megawatt-hours.

Invinity was created in April 2020 through the merger of two flow battery industry leaders: redT energy plc and Avalon Battery Corporation. With over 33 MWh of systems deployed to date across more than 50 sites in 15 countries, Invinity is active in all major global energy storage markets and has operations in the UK, Canada, USA, China and Australia. Invinity Energy Systems plc is listed on the AIM Market of the London Stock Exchange and on the Aquis Stock Exchange (AQSE).

To find out more, visit  invinity.com  or call Investor Relations on [phone]

 

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