REG - EQTEC PLC - Director Dealing

EQTECAnnouncement

29/04/2022 07:00

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RNS Number : 7891J  EQTEC PLC  29 April 2022

29 April 2022

 

EQTEC plc

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

 

Director Dealing

 

EQTEC plc (AIM: EQT), a world-leading technology innovation company enabling
the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and
other energy production, announces that David Palumbo, Chief Executive
Officer, has purchased 2,150,537 ordinary shares of €0.001 each in the
Company ("Ordinary Shares") for an average price of 0.93 pence per Ordinary
Share.

 

Accordingly, David Palumbo's total holding in the Company is 45,809,627
Ordinary Shares, representing approximately 0.53% per cent of the Company's
issued share capital. In addition, David Palumbo is interested in, in
aggregate, 241,829,923 options and warrants to subscribe for Ordinary Shares
in the Company.

 

 

ENQUIRIES

 EQTEC plc                                                     +44 203 883 7009
 David Palumbo / Nauman Babar

 Strand Hanson - Nomad & Financial Adviser                     +44 20 7409 3494
 James Harris / James Dance

 Arden Partners - Joint Broker                                 +44 20 7614 5900
 Paul Shackleton (Corporate) / Simon Johnson (Sales)

 Canaccord Genuity - Joint Broker                              +44 20 7523 8000
 Henry Fitzgerald-O'Connor / James Asensio / Patrick Dolaghan

 Alma PR - Financial Media & Investor Relations                +44 20 3405 0205
 Josh Royston / Sam Modlin                                     EQTEC@almapr.co.uk (mailto:EQTEC@almapr.co.uk)

 BECG - General Media Enquiries                                +44 7554 014 188 / +44 7867 452 269
 Carrie Lowe / Tom Gosschalk                                   EQTEC@BECG.com (mailto:EQTEC@BECG.com)

 

About EQTEC plc

As one of the world's most experienced gasification technology and engineering
companies, with a growing track record of delivering operational and
commercial success for transforming waste-to-energy through best-in-class
technology innovation, engineering and project development, EQTEC brings
together design innovation, project delivery discipline and solid commercial
experience to add momentum to the global energy transition. EQTEC's proven,
proprietary and patented technology is at the centre of clean energy projects,
sourcing local waste, championing local businesses, creating local jobs and
supporting the transition to localised, decentralised and resilient energy
systems.

 

EQTEC designs, supplies and builds advanced gasification facilities in the UK,
EU and US, with highly efficient equipment that is modular and scalable from
1MW to 30MW. EQTEC's versatile solutions process over 50 varieties of
feedstock, including forestry wood waste, vegetation and other agricultural
waste from farmers, industrial waste and sludge from factories and municipal
waste, all with no hazardous or toxic emissions. EQTEC's solutions produce a
pure, high-quality synthesis gas ("syngas") that can be used for the widest
range of applications, including the generation of electricity and heat,
production of synthetic natural gas (through methanation) or biofuels (through
Fischer-Tropsch, gas-to-liquid processing) and reforming of hydrogen.

 

EQTEC's technology integration capabilities enable the Group to lead
collaborative ecosystems of qualified partners and to build sustainable waste
reduction and green energy infrastructure around the world.

 

The Company is quoted on AIM (ticker: EQT) and the London Stock Exchange has
awarded EQTEC the Green Economy Mark, which recognises listed companies with
50% or more of revenues from environmental/green solutions.

 

Further information on the Company can be found at www.eqtec.com
(http://www.eqtec.com) .

 

PDMR Notification Form:

The notifications below are made in accordance with the requirements of UK
MAR:

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David Palumbo
 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                                                         EQTEC plc
 b)  LEI                                                          63540085VSYVDEINJO04
 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 EUR 0.001 each
     Identification code                                          IE00BH3XCL94
 b)  Nature of the Transaction                                    Purchase of shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.0093   2,150,537
 d)  Aggregated information

     Aggregated volume Price
 e)  Date of the transaction                                      28 April 2022
 f)  Place of the transaction                                     AIM (LSE)

d)

Aggregated information

Aggregated volume Price

e)

Date of the transaction

28 April 2022

f)

Place of the transaction

AIM (LSE)

 

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