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REG - Molecular Energies - Exercise of Options and Total Voting Rights

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RNS Number : 0279N  Molecular Energies PLC  18 January 2023

18 January 2023

MOLECULAR ENERGIES PLC

("Molecular" or the "Company")

 

Exercise of Options and Total Voting Rights

Molecular Energies PLC (AIM: MEN), the international energy company, announces
that it has issued and allotted an aggregate of 75,000 new ordinary shares of
1 penny each in the Company ("Ordinary Shares") to senior management and
employees of the Company pursuant to share options issued under the terms of
the Long Term Incentive Plan on 19 November 2020.

Of the 75,000 ordinary shares being issued 50,000 will be issued to persons
discharging management responsibilities ("PDMR") of the Company, the remaining
25,000 will be issued to Non-PDMR's.

Application has been made for the new Ordinary Shares to be admitted to
trading on AIM and dealings are expected to commence on 24 January 2023.

The new Ordinary Shares will rank pari passu with the existing shares of the
Company. Following the exercise of options, the Company's issued share capital
consists of 10,365,373 Ordinary Shares. Accordingly, the figure of 10,365,373
may be used by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change to their interest in the Company under the FCA's Disclosure Guidance
and Transparency Rules.

 

Contact:

Molecular Energies
PLC
+44 (0)20 7016 7950

Nikita Levine, Investor
Relations
info@molecularenergiesplc.com (mailto:info@molecularenergiesplc.com)

 

finnCap (Nominated Advisor and
broker)                      +44 (0)20 7220 0500

Christopher Raggett, George Dollemore

 

Tavistock (Financial PR & IR)
                                      +44
(0)20 7920 3150

Simon Hudson, Nick Elwes, Charles Baister

 

 

Notes to Editors

 

Molecular Energies PLC is an AIM listed company at the forefront of energy
development and has interests across the energy spectrum, from oil and gas
projects to subdivisions in the green and alternative energy sub-sectors.

 

The Company has oil and gas production in two geographical markets: Argentina
and the United States, as well as exploration assets in both Argentina and
Paraguay. The Company also has two separate subdivisions which are focused on
early-stage opportunities in the green and/or alternative energy sub-sector.

 

Activities in the green and alternative energy space are being carried out
under the Green House Capital brand and through AIM listed ATOME Energy PLC
operating in Paraguay and Iceland, producing green hydrogen and ammonia for
use in fuels.

 

With a strong strategic and institutional base of support, an in-country
management team as well as the Chairman whose interests as the largest
shareholder are aligned to those of its shareholders, Molecular gives UK
investors access to an energy growth story combined with world class standards
of corporate governance, environmental and social responsibility.

 

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the
European Union (Withdrawal) Act 2018 ("UK MAR"). The person who arranged for
the release of this announcement on behalf of the Company was Peter Levine,
Chairman.

 

 

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                                         Claudia Perez
 2.  Reason for the notification
 a)  Position/status:                                              Chief Financial Officer Argentina
 b)  Initial notification/Amendment:                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name:                                                         Molecular Energies PLC
 b)  LEI:                                                          213800MA2ZN22I4ITA79
 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 1p each

     Identification code:                                          ISIN: GB00BMT80K89

 b)  Nature of the transaction:                                    Exercise of Share Options
 c)  Price(s) and volume(s):

Price(s)  Volume(s)
                                                                   1pence   12,500
 d)  Aggregated information:                                       Single transaction as in 4 c) above

     ·      Aggregated volume:

     ·      Price:
 e)  Date of the transaction:                                      18 January 2023
 f)  Place of the transaction:                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume:

·      Price:

Single transaction as in 4 c) above

 

e)

Date of the transaction:

18 January 2023

f)

Place of the transaction:

Outside a trading venue

 

 1.    Details of the person discharging managerial responsibilities/person closely
       associated
 a)    Name:                                                         Lucia D'Agostino
 2.    Reason for the notification
 a)    Position/status:                                              Legal & Administration Director
 b)    Initial notification/Amendment:                               Initial notification
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name:                                                         Molecular Energies PLC
 b)    LEI:                                                          213800MA2ZN22I4ITA79
 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 1p each

       Identification code:                                          ISIN: GB00BMT80K89

 b)    Nature of the transaction:                                    Exercise of Share Options
 c)    Price(s) and volume(s):

Price(s)  Volume(s)
                                                                     1pence   12,500
 d)    Aggregated information:                                       Single transaction as in 4 c) above

       ·      Aggregated volume:

       ·      Price:
 e)    Date of the transaction:                                      18 January 2023
 f)    Place of the transaction:                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume:

·      Price:

Single transaction as in 4 c) above

 

e)

Date of the transaction:

18 January 2023

f)

Place of the transaction:

Outside a trading venue

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                                         Diego De La Vega
 2.  Reason for the notification
 a)  Position/status:                                              Supply Chain Director
 b)  Initial notification/Amendment:                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name:                                                         Molecular Energies PLC
 b)  LEI:                                                          213800MA2ZN22I4ITA79
 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 1p each

     Identification code:                                          ISIN: GB00BMT80K89

 b)  Nature of the transaction:                                    Exercise of Share Options
 c)  Price(s) and volume(s):

Price(s)  Volume(s)
                                                                   1pence   12,500
 d)  Aggregated information:                                       Single transaction as in 4 c) above

     ·      Aggregated volume:

     ·      Price:
 e)  Date of the transaction:                                      18 January 2023
 f)  Place of the transaction:                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume:

·      Price:

Single transaction as in 4 c) above

 

e)

Date of the transaction:

18 January 2023

f)

Place of the transaction:

Outside a trading venue

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                                         Ulises Macagno
 2.  Reason for the notification
 a)  Position/status:                                              Commercial Director
 b)  Initial notification/Amendment:                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name:                                                         Molecular Energies PLC
 b)  LEI:                                                          213800MA2ZN22I4ITA79
 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 1p each

     Identification code:                                          ISIN: GB00BMT80K89

 b)  Nature of the transaction:                                    Exercise of Share Options
 c)  Price(s) and volume(s):

Price(s)  Volume(s)
                                                                   1pence   12,500
 d)  Aggregated information:                                       Single transaction as in 4 c) above

     ·      Aggregated volume:

     ·      Price:
 e)  Date of the transaction:                                      18 January 2023
 f)  Place of the transaction:                                     Outside a trading venue

d)

Aggregated information:

·      Aggregated volume:

·      Price:

Single transaction as in 4 c) above

 

e)

Date of the transaction:

18 January 2023

f)

Place of the transaction:

Outside a trading venue

 

 

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