Director/PDMR Shareholding

RNS Number : 0791Q

OPG Power Ventures plc

14 February 2019

 

14 February 2019

OPG Power Ventures plc 

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

Director/PDMR Shareholding - SCRIP Dividend and Transfer

The Company announces that the following directors previously subscribed for and received ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at the reference price of 11.275p per share, as part of the SCRIP dividend previously announced on 20 November 2018:

Director	Position	Ordinary Shares issued on 3 December 2018 pursuant to SCRIP dividend	Total number of Ordinary Shares Currently held	% of issued share capital
Mike Grasby	Non-Executive Director	915	11,233	0.00%
Dmitri Tsvetkov	Chief Financial Officer	88,850	1,090,637	0.28%
Jeremy Warner Allen	Non-Executive Deputy Chairman	88,691	1,088,691	0.28%
Gita Investments Limited and related parties *	Executive Chairman	16,283,860	199,884,417	51.53%

* Beneficial interest in these shareholdings vests with Arvind Gupta and his family.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mike Grasby
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	OPG POWER VENTURES PLC
b)	LEI	213800MLM7O87QIGIK85
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 of 0.0147p each   ISIN: IM00B2R3RX72
b)	Nature of the transaction	Acquisition of Ordinary Shares pursuant to SCRIP dividend
c)	Price(s) and volume(s)	Price(s) 11.275 pence per share	Volume(s) 915
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	3 December 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dmitri Tsvetkov
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	OPG POWER VENTURES PLC
b)	LEI	213800MLM7O87QIGIK85
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 of 0.0147p each   ISIN: IM00B2R3RX72
b)	Nature of the transaction	Acquisition of Ordinary Shares pursuant to SCRIP dividend
c)	Price(s) and volume(s)	Price(s) 11.275 pence per share	Volume(s) 88,850
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	3 December 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jeremy Warner Allen
2	Reason for the notification
a)	Position/status	Non-Executive Deputy Chairman
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	OPG POWER VENTURES PLC
b)	LEI	213800MLM7O87QIGIK85
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 of 0.0147p each   ISIN: IM00B2R3RX72
b)	Nature of the transaction	Acquisition of Ordinary Shares pursuant to SCRIP dividend
c)	Price(s) and volume(s)	Price(s) 11.275 pence per share	Volume(s) 88,691
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	3 December 2018
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gita Investments Limited
2	Reason for the notification
a)	Position/status	Person closely associated with Arvind Gupta, Executive Chairman of OPG Power Ventures PLC
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	OPG POWER VENTURES PLC
b)	LEI	213800MLM7O87QIGIK85
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 of 0.0147p each   ISIN: IM00B2R3RX72
b)	Nature of the transaction	Acquisition of Ordinary Shares pursuant to SCRIP dividend
c)	Price(s) and volume(s)	Price(s) 11.275 pence per share	Volume(s) 16,283,860
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	3 December 2018
f)	Place of the transaction	London Stock Exchange

For further information, please visit www.opgpower.com or contact:

OPG Power Ventures PLC	[phone]
Arvind Gupta / Dmitri Tsvetkov
Cenkos Securities (Nominated Adviser & Broker)	[phone]
Stephen Keys
Tavistock (Financial PR)	[phone]
Simon Hudson / Barney Hayward

 

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