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OPG Power Ventures (OPG)

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Friday 22 December, 2017

OPG Power Ventures

Director/PDMR Shareholding

RNS Number : 1334A
OPG Power Ventures plc
22 December 2017
 

22 December 2017

 

OPG Power Ventures plc

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

 

Directors' Shareholdings

 

The Company has been notified that Arvind Gupta, Executive Chairman and Mike Grasby, Non-Executive Director, acquired 4,714,129 and 277 ordinary shares respectively in the Company through their participation in the Company's Scrip Dividend Alternative. 

 

Director

New Shares acquired pursuant to Scrip Dividend Alternative

Resultant holding following Admission

Resultant holding (% of enlarged issued share capital following Admission)

Arvind Gupta (Executive Chairman)

4,714,129

183,600,557

51.529%

Mike Grasby (Non-Executive Director)

277

10,318

0.003%

 

The notification of Dealing Forms for Mr Gupta and Mr Grasby can be found below.

 

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMRs) and persons closely associated with them:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Arvind Gupta

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Executive Chairman

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

 

Identification code

 

Ordinary shares of 0.0147p each in the capital of OPG Power Ventures plc

 

 

Company ISIN: IM00B2R3RX72

 

b)

 

Nature of the transaction

 

Purchase of shares under the Scrip Dividend Alternative

c)

 

Price(s) and volume(s)

 

 

Price(s) 26.023 pence per share

Volume(s) 4,714,129

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

 

Single transaction

 

e)

 

Date of the transaction

 

22 December 2017

f)

 

Place of the transaction

 

London Stock Exchange (AIM)

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Mike Grasby

 

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-Executive 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

 

Identification code

 

Ordinary shares of 0.0147p each in the capital of OPG Power Ventures plc

 

 

Company ISIN: IM00B2R3RX72

 

b)

 

Nature of the transaction

 

Purchase of shares under the Scrip Dividend Alternative

c)

 

Price(s) and volume(s)

 

 

Price(s) 26.023 pence per share

Volume(s) 277

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

 

Single transaction

 

e)

 

Date of the transaction

 

22 December 2017

f)

 

Place of the transaction

 

London Stock Exchange (AIM)

 

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

 

OPG Power Ventures PLC

Arvind Gupta / V Narayan Swami

 

 

+91 (0) 44 429 11211

OPG - Investor Relations

Ajay Paliwal / Pooja Maru

 

 

+44 (0) 20 7850 7070

Cenkos Securities (Nominated Adviser & Broker)

Stephen Keys / Camilla Hume

 

+44 (0) 20 7397 8900

 

Macquarie Capital (Europe) Limited (Joint Broker)

Raj Khatri / Nick Stamp

 

 

+44 (0) 20 3037 2000

Tavistock (Financial PR)

Simon Hudson / James Collins

 

+44 (0) 20 7920 3150

 

-ends-


This information is provided by RNS
The company news service from the London Stock Exchange
 
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