Director/PDMR Shareholding

RNS Number : 2669T

Invinity Energy Systems PLC

16 March 2023

 

16 March 2023

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) (AQSE: IES) (OTCQX: IESVF), 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 following the closing of the Open Offer, as announced on 15 March 2023, set out in the notification of dealing form below.

Following the completion of this purchase of shares, his ultimate beneficial ownership is now 280,000 shares representing 0.15% 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, Interim CFO
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 €0.01 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 0.32 80,023
e)	Aggregated information:  volume, Price	Aggregated Volume: 80,023 Aggregated Price: GBP 25,607.36
f)	Date of the transaction	15 March 2023
g)	Place of the transaction	London Stock Exchange (XLON)

Enquiries :

Invinity Energy Systems plc	[phone]
Jonathan Marren, Chief Development Officer and Interim CFO Joe Worthington, Director of Communications
Canaccord Genuity (Nominated Adviser and Joint Broker)	[phone]
Henry Fitzgerald-O'Connor / Harry Pardoe / Gordon Hamilton
VSA Capital (Financial Adviser and Joint Broker)	[phone]
Andrew Monk / Simon Barton
EAS Advisors LLC (US Corporate Advisor)	[phone]
Matthew Bonner / Chris Chesworth

Notes to Editors

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) 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 65 MWh of systems already deployed or contracted for delivery across over 70 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 in the UK on AIM and AQSE and trades in the USA on OTCQX.

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

 

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