Director/PDMR Shareholding

OPG Power Ventures plc

28 July 2023

 

28 July 2023

OPG Power Ventures plc

("OPG" or the "Company")

Director/PDMR Shareholding

OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that Gleneagle Trading FZC, a  subsidiary of Gita Investments Limited, a company controlled by the Gupta family purchased 25,000 ordinary shares on 26 July 2023 at 8.7 pence per share and 50,000 ordinary shares on 27 July 2023 at 9.0 pence per share. Following these transactions, the Gupta family holds 206,507,166 ordinary shares representing 51.53 % of the Company's issued share capital.

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

OPG Power Ventures PLC	Via Tavistock below
Ajit Pratap Singh
Cenkos Securities plc (Nominated Adviser & Broker)	[phone]
Stephen Keys/Katy Birkin
Tavistock (Financial PR)	[phone]
Simon Hudson / Nick Elwes

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

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ms Avantika Gupta, PCA of Gleneagle Trading FZE
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification/Amendment	Initial Notification
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	Ordinary shares of 0.0147p each
	Identification code	IM00B2R3RX72
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.087	25,000
		£0.090	50,000
d)	Aggregated information
	Aggregated volume	75,000
	Price	As indicated above
e)	Date of the transaction	25,000 shares were purchased on 26.07.2023 and 50,000 shares were purchased on 27.07.2023
f)	Place of the transaction	AIMX

 

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