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Enteq Technologies - Issue of Shares and Director/PDMR Shareholding

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RNS Number : 7883V  Enteq Technologies PLC  15 December 2021

Enteq Technologies plc

("Enteq" or the "Company")

 

 

Issue of shares and

Director/PDMR Shareholding

 

Enteq Technologies plc (AIM: NTQ.L) the energy services technology and
equipment supplier, announces that on 15 December 2021 it issued and allotted
166,494 new ordinary shares of 1p each ("Ordinary Shares") to the Directors in
compensation for the elements of remuneration foregone in respect of the
period 1 July 2021 to 30 November 2021 at a price of 16.2p.

 

The issue prices reflects the Company's average closing share price during the
period to which the compensation relates.  As with previous issues of this
type this was in order to maximise the cash available to the business as a
whole.

 

These new Ordinary Shares issued to the Directors were as follows:

 

           Total holding after issue

 

 Name           Number of new Ordinary Shares issued  Number of Ordinary Shares  % Enlarged issued share capital

 Martin Perry        44,356                            4,568,810                 6.62%
 David Steel         42,070                            2,149,756                 3.11%
 Andrew Law          51,056                               934,553                1.35%
 Iain Paterson        15,412                              572,460                0.83%
 Neil Hartley         13,600                                59,770               0.09%

 

 

Application has been made for the 166,494 new Ordinary Shares to be admitted
to trading on AIM which is expected to occur on 21 December 2021. Following
the above issue of new Ordinary Shares, the number of Ordinary Shares (each
carrying one vote) in issue is 69,013,558.  There are no shares held in
treasury.  The figure of 69,013,558 may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interests in, or a change to their interests in, the
share capital of Enteq under the Disclosure Guidance and Transparency Rules.

 

 

 

For further information, please contact:

Enteq Technologies
plc                                           +44
(0)20 8087 2202

www.enteq.com (http://www.enteq.com/)

Andrew Law, Chief Executive Officer

David Steel, Chief Financial Officer

finnCap Ltd (NOMAD and
Broker)                           +44 (0)20 7220
0500

Ed Frisby, Emily Watts, Tim Harper (Corporate Finance)

Andrew Burdis, Barney Hayward (ECM)

 

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Martin Perry

 2.  Reason for the notification
 a)  Position/status                                              Chairman

 b)  Initial notification/Amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Enteq Technologies
 b)  LEI                                                          2138006BKS2MOAPRUB75
 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

     Identification code

                                                                  GB00B41Q8Q68
 b)  Nature of the transaction                                    Issue of shares in compensation for cash remuneration
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            £0.162    44,356

 d)  Aggregated information                                       Not applicable - single transaction
 e)  Date of the transaction                                      15 December 2021
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         David Steel

 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                                                         Enteq Technologies
 b)  LEI                                                          2138006BKS2MOAPRUB75
 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

     Identification code

                                                                  GB00B41Q8Q68
 b)  Nature of the transaction                                    Issue of shares in compensation for cash remuneration
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            £0.162    42,070

 d)  Aggregated information                                       Not applicable - single transaction
 e)  Date of the transaction                                      15 December 2021
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Andrew Law

 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                                                         Enteq Technologies
 b)  LEI                                                          2138006BKS2MOAPRUB75
 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

     Identification code

                                                                  GB00B41Q8Q68
 b)  Nature of the transaction                                    Issue of shares in compensation for cash remuneration
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            £0.162    51,056

 d)  Aggregated information                                       Not applicable - single transaction
 e)  Date of the transaction                                      15 December 2021
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Iain Paterson

 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                                                         Enteq Technologies
 b)  LEI                                                          2138006BKS2MOAPRUB75
 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

     Identification code

                                                                  GB00B41Q8Q68
 b)  Nature of the transaction                                    Issue of shares in compensation for cash remuneration
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            £0.162    15,412

 d)  Aggregated information                                       Not applicable - single transaction
 e)  Date of the transaction                                      15 December 2021
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Neil Hartley
 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                                                         Enteq Technologies
 b)  LEI                                                          2138006BKS2MOAPRUB75
 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

     Identification code

                                                                  GB00B41Q8Q68
 b)  Nature of the transaction                                    Issue of shares in compensation for cash remuneration
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            £0.162    13,600

 d)  Aggregated information                                       Not applicable - single transaction
 e)  Date of the transaction                                      15 December 2021
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

 

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