REG - Enteq Technologies - Director/PDMR Shareholding
02/11/2023 10:30
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RNS Number : 2061S Enteq Technologies PLC 02 November 2023
Enteq Technologies plc
("Enteq" or the "Company")
Issue of shares
and
Director/PDMR Shareholding
Enteq Technologies plc (AIM: NTQ.L) the energy services technology supplier,
announces that on 1 November 2023 it issued and allotted 1,053,675 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 May 2023 to 31 October 2023 at a price of 11.25p. As a reflection
of their commitment to the Company, all of the Directors have opted to take
some or all of their remuneration in shares, with 100% of the 2023 annual
bonus being issued in shares. 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 716,450 2,642,935 3.69
David Steel (resigned)* 102,341 2,933,129 4.09
Martin Perry 98,400 4,811,025 6.71
Iain Paterson (resigned)* 52,844 711,201 0.99
Neil Hartley 49,200 191,725 0.27
Mark Ritchie 34,440 34,440 0.05
*No longer a Director/PDMR.
Application has been made for the 1,053,675 new Ordinary Shares to be admitted
to trading on AIM which is expected to occur on 7 November 2023. Following the
above issue of new Ordinary Shares, the number of Ordinary Shares (each
carrying one vote) in issue is 71,667,814. There are no shares held in
treasury. The figure of 71,667,814 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
Mark Ritchie, Chief Financial Officer
Cavendish Capital Markets Limited (NOMAD and Broker) +44
(0)20 7220 0500
Ed Frisby, Fergus Sullivan (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 plc
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)
£0.1125 98,400
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 November 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 November 2023
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 plc
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)
£0.1125 716,450
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 November 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 November 2023
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 plc
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)
£0.1125 49,200
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 November 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 November 2023
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name Mark Ritchie
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 plc
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)
£0.1125 34,440
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 November 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 November 2023
f)
Place of the transaction
Outside a trading venue
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