NOTIFICATION OF TRANSACTIONS OF DIRECTORS

RNS Number : 8635S

Invinity Energy Systems PLC

18 November 2021

 

18 November 2021

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), a leading global manufacturer of utility-grade energy storage , confirms the following participation by Directors of the Company in the Placing and Open Offer announced this morning.

Director	Placing Units	Initial Placing Shares	Conditional Placing Shares	Short-term Warrants	Long-term Warrants
Mr Lawrence Zulch	12,000	4,169	7,831	6,000	6,000
Mr Peter Dixon-Clarke	12,000	4,169	7,831	6,000	6,000

The issue of the Conditional Placing Shares and Warrants remains subject to Shareholder approval at the Company's General Meeting. The PDMR tables below are therefore for the Initial Placing Shares only. Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the Placing and Open Offer Announcement released at 7:00 a.m. this morning, unless the context requires otherwise.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

1	Details of the person discharging managerial responsibilities
a)	Name	Lawrence Zulch
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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 €0.50 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 1.00 4,169
e)	Aggregated information:  volume, Price	Aggregated Volume: 4,169 Aggregated Price: GBP 4,169
f)	Date of the transaction	18 November 2021
g)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities
a)	Name	Peter Dixon-Clarke
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	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 €0.50 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 1.00 4,169
e)	Aggregated information:  volume, Price	Aggregated Volume: 4,169 Aggregated Price: GBP 4,169
f)	Date of the transaction	18 November 2021
g)	Place of the transaction	London Stock Exchange (XLON)

Enquiries :

Invinity Energy Systems plc	[phone]
Larry Zulch, Chief Executive Officer
Peter Dixon-Clarke, Chief Financial Officer Joe Worthington, Director of Communications Ralph Anderson, Corporate Relations Manager
Canaccord Genuity (Nominated Adviser and Joint Broker)	[phone]
Henry Fitzgerald-O'Connor / James Asensio
VSA Capital (Financial Adviser and Joint Broker) Andrew Monk / Simon Barton	[phone]
Hudson Sandler (Financial PR) Nick Lyon / Nick Moore	[phone]

Notes to Editors

Invinity Energy Systems plc (AIM:IES) manufactures 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 10 MWh of systems deployed to date across 40 sites in 14 countries, Invinity is active in all major global energy storage markets and has operations in the UK, Canada, USA, China and South Africa. Invinity Energy Systems plc is listed on the London Stock Exchange.

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

 

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