Enteq Technologies - Issue of Shares and Director/PDMR Shareholding
02/08/2022 17:43
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RNS Number : 6817U Enteq Technologies PLC 02 August 2022
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 1 August 2022 it issued and allotted
710,448 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 December 2021 to 31 July 2022 at a price of 14.4p and in respect of
the period 1 April 2021 to 31 March 2022 at a price of 15.8p.
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
Andrew Law 341,109 1,560,512 2.24
David Steel 288,989 2,438,745 3.50
Martin Perry 27,790 4,596,600 6.59
Iain Paterson 27,781 600,241 0.86
Neil Hartley 24,779 84,549 0.12
Application has been made for the 710,448 new Ordinary Shares to be admitted
to trading on AIM which is expected to occur on 8 August 2022. Following the
above issue of new Ordinary Shares, the number of Ordinary Shares (each
carrying one vote) in issue is 69,724,006. There are no shares held in
treasury. The figure of 69,724,006 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)
£0.144 27,790
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 August 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 August 2022
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)
£0.144 81,188
£0.158 207,801
d) Aggregated information 288,989 Ordinary Shares at a weighted average price of £0.154
e) Date of the transaction 1 August 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
288,989 Ordinary Shares at a weighted average price of £0.154
e)
Date of the transaction
1 August 2022
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)
£0.144 95,239
£0.158 245,870
d) Aggregated information 341,109 Ordinary Shares at a weighted average price of £0.154
e) Date of the transaction 1 August 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
341,109 Ordinary Shares at a weighted average price of £0.154
e)
Date of the transaction
1 August 2022
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)
£0.144 27,781
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 August 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 August 2022
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)
£0.144 24,779
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 August 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 August 2022
f)
Place of the transaction
Outside a trading venue
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