Director/PDMR Shareholding

RNS Number : 8847S

Velocys PLC

19 July 2022

 

19 July 2022

Velocys plc

("Velocys" or the "Company")

Director's Shareholding

Velocys plc (VLS.L), the sustainable fuels technology company, announces that the following director has purchased Ordinary Shares of 1 penny each in the Company ("Shares").  Details of the purchase and resultant holding are as follows:

Director	Date of purchase	Number of Shares purchased	Purchase price	Total Shares held	% ISC held following purchase
Philip Sanderson (Chief Financial Officer)	18 July 2022	200,000	4.3 pence	200,000	0.01%

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	Philip Thomas Edward Sanderson
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Velocys plc
b)	LEI	549300KGMQV70HA5Y715
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 1 penny each ISIN: GB00B11SZ269
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price No. of shares 4.3 pence  200,000
d)	Aggregated information - Aggregated volume - Price	Volume:  200,000 Price:  4.3 Pence
e)	Date of the transaction	18 July 2022
f)	Place of the transaction	London Stock Exchange

For further information, please contact: Velocys Henrik Wareborn, CEO Philip Sanderson, CFO Lak Siriwardene, Director of Communications & Sustainability [phone] Panmure Gordon (UK) Limited (Nomad and Joint Broker) Hugh Rich (Corporate Broking) Emma Earl (Corporate Finance) John Prior (Corporate Finance) [phone] Shore Capital Stockbrokers Limited (Joint Broker) Henry Willcocks (Corporate Broking) Toby Gibbs (Corporate Advisory) James Thomas (Corporate Advisory) [phone] Radnor Capital (Investor Relations) Joshua Cryer Iain Daly [phone] Buchanan (Financial PR) Helen Tarbet Simon Compton [phone]

Notes to Editors

Velocys is an LSE-listed, international sustainable fuels technology company, traded on the AIM, providing customers with a technology solution to enable the production of negative Carbon Intensity synthetic, drop-in fuels from a variety of waste materials. Synthetic fuel is the only commercially available, permanent alternative to fossil aviation fuels. The Velocys technology is IP-protected in all major jurisdictions.

Two reference projects (Bayou Fuels, US, and Altalto, UK) are designed to accelerate the adoption and standardise the Velocys proprietary Fischer Tropsch (FT) technology with an integrated end to end solution, including renewable power and carbon sequestration.

Velocys is enabling commercial scale synthetic fuel production in response to the clean energy transition, with significant additional positive air quality impacts.

www.velocys.com

 

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