Director/PDMR Shareholding

RNS Number : 6554Z

OPG Power Ventures plc

18 December 2017

 

18 December 2018

OPG Power Ventures plc

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

Director/PDMR Shareholding

The Company today announces that on 15 December 2017, Jeremy Warner Allen, Non-Executive Deputy Chairman of the Company, purchased 290,000 ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at a purchase price of 17p per Ordinary Share.

Following this purchase, Mr Warner Allen holds 303,729 Ordinary Shares representing approximately 0.09% per cent of the Company's issued share capital based on the Company's expected issued share capital as at 22 December 2017 being 356,308,697.

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) 17p per share Volume(s) 290,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	15 December 2017
f)	Place of the transaction	London Stock Exchange, XLON

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

OPG Power Ventures PLC
Arvind Gupta / Dmitri Tsvetkov	[phone]
Cenkos Securities (Nominated Adviser & Broker)
Stephen Keys / Camilla Hume	[phone]
Macquarie Capital (Europe) Limited (Joint Broker)
Raj Khatri / Nick Stamp	[phone]
Tavistock (Financial PR)
Simon Hudson / Barney Hayward / James Collins	[phone]

 

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