Director/PDMR Shareholding

RNS Number : 8909C

OPG Power Ventures plc

03 October 2018

 

3 October 2018

OPG Power Ventures plc

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

Director/PDMR Shareholding

The Company today announces that Jeremy Warner Allen, Non-Executive Deputy Chairman of the Company, has purchased a total of 696,271 ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at an average price of 12.05 pence per share.

Following these purchases, Mr Warner Allen holds 1,000,000 Ordinary Shares representing approximately 0.3% per cent of the Company's issued share capital.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

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	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 11.95p per share 500,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	2 October 2018
f)	Place of the transaction	London Stock Exchange, XLON

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	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.30p per share 196,271
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	3 October 2018
f)	Place of the transaction	London Stock Exchange, XLON

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 / Nick Elwes

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