REG - Enteq Technologies - Issue of Shares and Director/PDMR Shareholdings
01/06/2023 14:30
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RNS Number : 3848B Enteq Technologies PLC 01 June 2023
Enteq Technologies plc
("Enteq" or the "Company")
Issue of Shares
and
Director/PDMR Shareholdings
Enteq Technologies plc (AIM: NTQ.L) the energy services technology and
equipment supplier, announces that on 1 June 2023 it issued and allotted
890,133 new ordinary shares of 1p each ("Ordinary Shares") to all of the
Directors in compensation for the elements of remuneration foregone in respect
of the period 1 August 2022 to 30 April 2023 at a price of 11.8p, and in
addition to David Steel at a price of 10.0p in respect of the period following
1 May 2023. The issue price of 11.8p reflects the Company's average closing
mid-market share price during the period to which the compensation relates.
The issue price of 10.0p reflects the closing mid-market price on 31 May 2023.
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 265,973 1,926,485 2.73
David Steel 392,043 2,830,788 4.01
Martin Perry 116,025 4,712,625 6.67
Iain Paterson 58,116 658,357 0.93
Neil Hartley 57,976 142,525 0.20
Application has been made for the 890,133 new Ordinary Shares to be admitted
to trading on AIM which is expected to occur on 7 June 2023. Following the
above issue of new Ordinary Shares, the number of Ordinary Shares (each
carrying one vote) in issue is 70,614,139. There are no shares held in
treasury. The figure of 70,614,139 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.
Further to the announcement made on 12 April 2023, the Company now expects to
announce its results for the year ended 31 March 2023 during July 2023.
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, Fergus Sullivan (Corporate Finance)
Andrew Burdis, Barney Hayward (ECM)
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 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)
£0.118 265,973
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 June 2023
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 June 2023
f)
Place of the transaction
Outside of 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 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)
£0.118 49,543
£0.100 342,500
d) Aggregated information 392,043 Ordinary Shares at a weighted average price of £0.102
e) Date of the transaction 1 June 2023
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
392,043 Ordinary Shares at a weighted average price of £0.102
e)
Date of the transaction
1 June 2023
f)
Place of the transaction
Outside of a trading venue
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)
£0.118 116,025
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 June 2023
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 June 2023
f)
Place of the transaction
Outside of 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 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)
£0.118 58,116
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 June 2023
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 June 2023
f)
Place of the transaction
Outside of 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)
£0.118 57,976
d) Aggregated information Not applicable - single transaction
e) Date of the transaction 1 June 2023
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
Not applicable - single transaction
e)
Date of the transaction
1 June 2023
f)
Place of the transaction
Outside of a trading venue
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