REG - EQTEC PLC - Director/PDMR Shareholding

EQTECAnnouncement

13/10/2023 16:30

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RNS Number : 1265Q  EQTEC PLC  13 October 2023

13 October 2023

 

EQTEC plc

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

 

Director Dealing

 

EQTEC plc (AIM: EQT), a global technology innovator powering distributed,
decarbonised, new energy infrastructure through its waste-to-value solutions
for hydrogen, biofuels, and energy generation announces that Nauman Babar,
Chief Financial Officer, has today purchased 4,967,056 ordinary shares of
€0.001 each in the Company ("Ordinary Shares") for a price of 0.06 pence
per Ordinary Share.

 

Accordingly, Nauman Babar's total holding in the Company is 5,967,056
Ordinary Shares, representing approximately 0.05 per cent. of the Company's
issued share capital. In addition, Nauman Babar is interested in, in
aggregate, 134,582,716 options to subscribe for Ordinary Shares in the
Company.

 

ENQUIRIES

 

 EQTEC plc                                              +44 20 3883 7009

 David Palumbo / Nauman Babar

 Strand Hanson - Nomad & Financial Adviser              +44 20 7409 3494

 James Harris / Richard Johnson

 Panmure Gordon - Broker                                +44 20 7886 2500

 John Prior / Hugh Rich

 Instinctif - Media & investor relations enquiries      EQTEC@instinctif.com (mailto:EQTEC@instinctif.com)

 Guy Scarborough / Tim Field                            +44 791 717 8920 / +44 788 788 4794

 

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

 

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                                                         Nauman Babar
 2.    Reason for the Notification
 a)    Position/status                                              CFO
 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
                                                                    0.06p     4,967,056

 
 d)    Aggregated information                                       N/A (Single transaction)

       Aggregated volume Price
 e)    Date of the transaction                                      13 October 2023
 f)    Place of the transaction                                     AIM (LSE)

 

d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction 

13 October 2023

f)

Place of the transaction

AIM (LSE)

 

 

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