REG - OPG Power Ventures - Director/PDMR Shareholding - Scrip Dividend

OPG Power VenturesAnnouncement

07/01/2020 14:10

RNS Number : 0343Z
OPG Power Ventures plc
07 January 2020
 


7 January 2020
OPG Power Ventures plc 
("OPG", the "Group" or the "Company")
Director/PDMR Shareholding - Scrip Dividend
The Company announces that the following directors received ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at the reference price of 18.15 pence per share, through the Scrip dividend announced on 1 August 2019 and issued on 6 January 2020:



Director


Position


Ordinary Shares issued on 9 January 2020 pursuant to the Scrip Dividend


Total number of Ordinary Shares held post Scrip Dividend


% of issued share capital following admission of Scrip Dividend shares







Gita Investments Limited1


Executive Chairman


6,607,749


206,492,166


51.5%




Jeremy Warner Allen


Non-Executive Deputy Chairman


35,989


1,124,680


0.3%




Dmitri Tsvetkov


Chief Financial Officer


36,054


1,126,691


0.3%




Jeremy Beeton


Non-Executive Director


1,652


51,652


0.0%






1 Beneficial interest in these shareholdings vests with Arvind Gupta and family.



 
For further information, please visit www.opgpower.com or contact:



OPG Power Ventures PLC


+91 (0) 44 429 11211




Arvind Gupta / Dmitri Tsvetkov


















Cenkos Securities (Nominated Adviser & Broker)


+44 (0) 20 7397 8900




Russell Cook/ Stephen Keys


















Tavistock (Financial PR)


+44 (0) 20 7920 3150




Simon Hudson / Barney Hayward / Nick Elwes







 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


1.     Gita Investments Limited
2.     Jeremy Warner Allen
3.     Dmitri Tsvetkov
4.     Jeremy Beeton




2


Reason for the notification




a)


Position/status


1.     Executive Chairman
2.     Non-Executive Deputy Chairman
3.     Chief Financial Officer
4.     Non-Executive Director




b)


Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


OPG POWER VENTURES PLC




b)


LEI


213800MLM7O87QIGIK85




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
Identification code


Ordinary Shares of 0.0147p each

 
ISIN: IM00B2R3RX72




b)


Nature of the transaction


Acquisition of Ordinary Shares pursuant to Scrip Dividend




c)


Price(s) and volume(s)


Price(s)
1.     18.15 pence
2.     18.15 pence
3.     18.15 pence
4.     18.15 pence


Volume(s)
1.     6,607,749
2.     35,989
3.     36,054
4.     1,652




d)


Aggregated information
- Aggregated volume
- Price


 
N/A - single transaction




e)


Date of the transaction


6 January 2020




f)


Place of the transaction


Outside of a trading venue



 




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