REG - AMTE Power PLC - PDMR Dealing and Holding(s) in Company

Amte PowerAnnouncement

19/05/2022 07:00

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RNS Number : 0111M  AMTE Power PLC  19 May 2022

 

"This announcement contains inside information for the purposes of Article 7
of the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain."

19 May 2022

AMTE Power Plc

 

PDMR Dealing and Holding(s) in Company

 

 

AMTE Power Plc ("AMTE" or the "Company") announces that on 17 May 2022 it
granted options to employees to subscribe for 1,255,273 new ordinary shares in
the Company under the Company's EMI plan (together, the "Options").

 

All of the Options are exercisable at a price of 80.5 pence per share,
reflecting the closing price on 17 May 2022.  The Options granted will vest
over the next four years, with 25% vesting on the first anniversary of the
grant, and from thereon 2.08% for each month, conditional on achieving
performance criteria and remaining in employment. The options are exercisable
for a period of ten years from the grant date.

 

The ordinary shares under option represent in aggregate 3.5% of the Company's
existing issued share capital.

 

Following the grant of the Options and taking into account existing options,
the Company has a total of 2,437,084 new ordinary shares under option,
representing 6.1% of the Company's issued share capital at the date of this
announcement.

 

The FCA notifications, made in accordance with the requirements of the EU
Market Abuse Regulation in relation to persons discharging managerial
responsibilities ("PDMRs"), are appended below.

 

For further information contact:

 AMTE Power plc                                       Tel: +44 (0)1847 867 200

 Kevin Brundish (Chief Executive Officer)

 James Hobson (Chief Financial Officer)
 WH Ireland Limited (NOMAD and Joint Broker)          Tel: +44 (0)207 220 1666

 Chris Fielding / Ben Good
 Panmure Gordon (UK) Limited (Joint Broker)           Tel: +44 (0)207 886 2500

 John Prior / Harriette Johnson (Corporate Finance)

 Hugh Rich (Corporate Broking)

 Camarco                                              Tel: +44 (0)203 757 4992

 Ginny Pulbrook / Tom Huddart / Rosie Driscoll

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Steven Farmer
 2.  Reason for the notification
 a)  Position / status                                            PDMR
 b)  Initial notification / amendment                             Initial notification 17 May 2022
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         AMTE Power plc
 b)  LEI                                                          213800D4QZXUAZR6K870
 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  EMI Options to subscribe for Ordinary Shares of 0.05p each

     Identification Code                                          ISIN: GB00BNQRZZ55
 b)  Nature of the transaction(s)                                 Issue of options to subscribe for Ordinary Shares in consideration of payment
                                                                  of fees
 c)  Price(s) and volume(s)                                       Price(s)                 Volume(s)
                                                                  Exercise price of 80.5p  130,450
 d)  Aggregated information

     -     Aggregated volume                                      N/A

     -     Price
 e)  Date of the transaction                                      17 May 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David Pell
 2.  Reason for the notification
 a)  Position / status                                            PDMR
 b)  Initial notification / amendment                             Initial notification 17 May 2022
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         AMTE Power plc
 b)  LEI                                                          213800D4QZXUAZR6K870
 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  Non tax advantaged options to subscribe for Ordinary Shares of 0.05p each

     Identification Code                                          ISIN: GB00BNQRZZ55
 b)  Nature of the transaction(s)                                 Issue of options to subscribe for Ordinary Shares in consideration of payment
                                                                  of fees
 c)  Price(s) and volume(s)                                       Price(s)                 Volume(s)
                                                                  Exercise price of 80.5p  118,025
 d)  Aggregated information

     -     Aggregated volume                                      N/A

     -     Price
 e)  Date of the transaction                                      17 May 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Stuart Paterson
 2.  Reason for the notification
 a)  Position / status                                            PDMR
 b)  Initial notification / amendment                             Initial notification 17 May 2022
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         AMTE Power plc
 b)  LEI                                                          213800D4QZXUAZR6K870
 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  EMI Options to subscribe for Ordinary Shares of 0.05p each

     Identification Code                                          ISIN: GB00BNQRZZ55
 b)  Nature of the transaction(s)                                 Issue of options to subscribe for Ordinary Shares in consideration of payment
                                                                  of fees
 c)  Price(s) and volume(s)                                       Price(s)                 Volume(s)
                                                                  Exercise price of 80.5p  99,400
 d)  Aggregated information

     -     Aggregated volume                                      N/A

     -     Price
 e)  Date of the transaction                                      17 May 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David John Burrin
 2.  Reason for the notification
 a)  Position / status                                            PDMR
 b)  Initial notification / amendment                             Initial notification 17 May 2022
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         AMTE Power plc
 b)  LEI                                                          213800D4QZXUAZR6K870
 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  EMI Options to subscribe for Ordinary Shares of 0.05p each

     Identification Code                                          ISIN: GB00BNQRZZ55
 b)  Nature of the transaction(s)                                 Issue of options to subscribe for Ordinary Shares in consideration of payment
                                                                  of fees
 c)  Price(s) and volume(s)                                       Price(s)                 Volume(s)
                                                                  Exercise price of 80.5p  236,050
 d)  Aggregated information

     -     Aggregated volume                                      N/A

     -     Price
 e)  Date of the transaction                                      17 May 2022
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A

e)

Date of the transaction

17 May 2022

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

 

 

 

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