REG - Eneraqua Technolgs. - Director/PDMR Shareholding

Eneraqua TechnologiesAnnouncement

14/12/2022 14:30

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RNS Number : 7328J  Eneraqua Technologies PLC  14 December 2022

Eneraqua Technologies plc

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

 

Director/PDMR Shareholding

 

Eneraqua Technologies plc, a specialist provider of energy and water
efficiency solutions, announces that on 13 December 2022 the Company was
notified that certain Directors of the Company sold, in response to
institutional demand, 1,004,009 ordinary shares in the Company of 1 pence each
("Ordinary Shares") at a price of 290 pence per Ordinary Share. Details of
holdings pre and post-sale are listed below.

 

 Director         Previous shareholding  Number of shares sold  Resultant shareholding  Resultant % of issued share capital
 Mitesh Dhanak    6,382,621(1)           610,194                5,772,427(2)            17.4%
 David Routledge  4,119,300              393,815                3,725,485               11.2%

 

(1) Includes 4,757,521 ordinary shares held by Anila Dhanak

(2) Includes 4,147,327 ordinary shares held by Anila Dhanak

 

 

For more information, please contact:

 

 Eneraqua Technologies plc                             Via Alma PR
 Mitesh Dhanak, CEO                                    www.eneraquatechnologies.com (http://www.eneraquatechnologies.com)
 Iain Richardson, CFO

 finnCap Limited - Nominated Adviser and Joint Broker  +44(0)20 7220 0500
 Ed Frisby / Charlie Beeson - Corporate Finance
 Andrew Burdis / Sunila de Silva - ECM

 Singer Capital Markets - Joint Broker                 +44(0)20 7496 3000
 Sandy Fraser / Justin McKeegan / Rachel Hayes

 Alma PR - Financial PR and IR                         +44(0)20 3405 0205
 Justine James / Sam Modlin / Will Ellis Hancock       eneraqua@almapr.co.uk (mailto:eneraqua@almapr.co.uk)

 

Notes to editors

 

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water
efficiency. The Group designs and delivers improved energy and water systems
which utilise its wholly owned intellectual property, Control Flow HL2024.
Energy was the first market the Company entered and this is the larger sector,
with the Company focused on clients with end of life gas, oil or electric
heating and hot water systems. The Group provides turnkey retrofit district or
communal heating systems based either on high-efficiency gas or ground/air
source heat pump solutions that support Net Zero and decarbonisation goals.

 

Water is a growing service offering focused on water efficiency upgrades for
utilities and commercial clients including hotels and care homes.  It has
also expanded into agritech systems.

 

The activities in both areas are underpinned by the Company's wholly-owned
intellectual property, the Control Flow HL2024 family of products which reduce
water wastage and improve the performance of heating and hot water systems.

 

The Company's main country of operation is the United Kingdom. The Company's
head office is in London with additional offices in Leeds, Washington
(Sunderland), India, Spain and the Netherlands. The Company has 144 employees,
with the majority employed within the UK. Eneraqua Technologies has received
the London Stock Exchange's Green Economy Mark.

 

To find out more, please visit:  www.eneraquatechnologies.com
(http://www.eneraquatechnologies.com)

 

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR.

 

 

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                                                         Anila Dhanak
 2.                Reason for the Notification
 a)                Position/status                                              Person closely associated with Mitesh Dhanak, Chief Executive Officer of the
                                                                                Company
 b)                Initial notification/Amendment                               Initial Notification
 3.                Details of the issuer, emission allowance market participant, auction
                   platform, auctioneer or auction monitor
 a)                Name                                                         Eneraqua Technologies plc
 b)                LEI                                                          21380045T7LPP2T83245
 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  Ordinary shares of 1 pence each ("Ordinary Shares")
                   Identification code                                          GB00BNYDGM91
 b)                Nature of the transaction                                    Sale of Ordinary Shares
 c)                Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                                290p      610,194
 d)                Aggregated information:

·      Aggregated volume                                    As disclosed in 4.c) above

                   ·      Price
 e)                Date of the transaction                                      13 December 2022
 f)                Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

Aggregated information:

·      Aggregated volume

·      Price

 

As disclosed in 4.c) above

e)

Date of the transaction

13 December 2022

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 1.        Details of the person discharging managerial responsibilities / person closely
           associated
 a)        Name                                                         Dave Routledge
 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                                                         Eneraqua Technologies plc
 b)        LEI                                                          21380045T7LPP2T83245
 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  Ordinary shares of 1 pence each ("Ordinary Shares")
           Identification code                                          GB00BNYDGM91
 b)        Nature of the transaction                                    Sale of Ordinary Shares
 c)        Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                        290p      393,815
 d)        Aggregated information:                                      As disclosed in 4.c) above

·      Aggregated volume

           ·      Price
 e)        Date of the transaction                                      13 December 2022
 f)        Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

Aggregated information:

·      Aggregated volume

·      Price

As disclosed in 4.c) above

e)

Date of the transaction

13 December 2022

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

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