REG - Invinity Energy Sys - Director/PDMR Shareholding

Invinity Energy SystemsAnnouncement

16/03/2023 15:30

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RNS Number : 2669T  Invinity Energy Systems PLC  16 March 2023

16 March 2023

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

 

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leading
global manufacturer of utility-grade energy storage, announces that it has
received notification from Mr Jonathan Marren, Chief Development Officer,
being a person discharging managerial responsibility in the Company, of the
purchase of shares following the closing of the Open Offer, as announced on 15
March 2023, set out in the notification of dealing form below.

 

Following the completion of this purchase of shares, his ultimate beneficial
ownership is now 280,000 shares representing 0.15% of the Company's total
voting rights.

 

 

 1   Details of the person discharging managerial responsibilities
 a)  Name                                             Jonathan Marren
 2   Reason for the notification
 a)  Position/status                                  Chief Development Officer, Interim CFO
 b)  Initial notification/ Amendment                  Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                             Invinity Energy Systems plc
 b)  LEI                                              213800N2NKOTYUNRCU14
 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          Ordinary shares of €0.01 each
 b)  Identification code of the Financial Instrument  JE00BLR94N79
 c)  Nature of the transaction                        Purchase of shares
 d)  Price(s) and volume(s)

Price(s)  Volume(s)
                                                      GBP 0.32  80,023

 

 e)  Aggregated information:  volume, Price           Aggregated Volume: 80,023

                                                      Aggregated Price: GBP 25,607.36
 f)  Date of the transaction                          15 March 2023
 g)  Place of the transaction                         London Stock Exchange (XLON)

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 80,023

Aggregated Price: GBP 25,607.36

f)

Date of the transaction

15 March 2023

g)

Place of the transaction

London Stock Exchange (XLON)

 

 

Enquiries:

 

 Invinity Energy Systems plc                                 +44 (0)20 4551 0361
 Jonathan Marren, Chief Development Officer and Interim CFO

 Joe Worthington, Director of Communications

 Canaccord Genuity (Nominated Adviser and Joint Broker)      +44 (0)20 7523 8000
 Henry Fitzgerald-O'Connor / Harry Pardoe / Gordon Hamilton

 VSA Capital (Financial Adviser and Joint Broker)            +44 (0)20 3005 5000
 Andrew Monk / Simon Barton

 EAS Advisors LLC (US Corporate Advisor)                     +1 (646) 495 2225
 Matthew Bonner / Chris Chesworth

 

Notes to Editors

 

Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF) manufactures
vanadium flow batteries for large-scale, high-throughput energy storage
requirements of business, industry and electrical networks.

 

Invinity's factory-built flow batteries run continually with no degradation
for over 25 years, making them suitable for the most demanding applications in
renewable energy production. Energy storage systems based on Invinity's
batteries are safe, reliable, and economical, and range in size from less than
250 kilowatt-hours to tens of megawatt-hours.

 

Invinity was created in April 2020 through the merger of two flow battery
industry leaders: redT energy plc and Avalon Battery Corporation. With over 65
MWh of systems already deployed or contracted for delivery across over 70
sites in 15 countries, Invinity is active in all major global energy storage
markets and has operations in the UK, Canada, USA, China and Australia.
Invinity Energy Systems plc is listed in the UK on AIM and AQSE and trades in
the USA on OTCQX.

 

To find out more, visit invinity.com (https://invinity.com/?utm_source=rns) or
call Investor Relations on +44 (0)204 551 0361.

 

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