REG - OPG Power Ventures - Director/PDMR Shareholding

OPG Power VenturesAnnouncement

11/03/2022 12:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220311:nRSK5264Ea&default-theme=true

RNS Number : 5264E  OPG Power Ventures plc  11 March 2022

 

11 March 2022

 

OPG Power Ventures plc

("OPG" or the "Company")

 

Director/PDMR Shareholding

 

OPG (AIM: OPG), the developer and operator of power generation plants in
India, announces that three companies controlled by Gupta's family has sold
8,903,617 shares at 6.5 pence per share and another company controlled by
Gupta's family has purchased 8,903,617 shares at 6.75 pence per share. As a
result of these transactions the Gupta family's shareholding in OPG remains
unchanged at 206,432,166 ordinary shares (representing 51.51% of OPG's total
issued share capital).

 

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

                                                         +44 (0) 78 2734 1323

 OPG Power Ventures PLC
 Dmitri Tsvetkov

 Cenkos Securities plc (Nominated Adviser & Broker)      +44 (0) 20 7397 8900
 Stephen Keys / Katy Birkin

 Tavistock (Financial PR)                                +44 (0) 20 7920 3150
 Simon Hudson / Nick Elwes

 

The Company makes the following disclosures in accordance with article 19(3)
of the Market Abuse Regulation:

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Mr Arvind Gupta, PCA with Dhanvarsha Enterprises and Investments Private
                                                                  Limited
 2   Reason for the notification
 a)  Position/status                                              Chairman
 b)  Initial notification/Amendment                               Initial Notification
 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  Ordinary shares of 0.0147p each
     Identification code                                          IM00B2R3RX72
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                               Volume(s)
     £0.065                                                                                              2,269,085
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      7 March 2022
 f)  Place of the transaction                                     AIMX

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Mr Arvind Gupta, PCA with  Goodfaith Vinimay Private Limited
 2   Reason for the notification
 a)  Position/status                                              Chairman
 b)  Initial notification/Amendment                               Initial Notification
 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  Ordinary shares of 0.0147p each
     Identification code                                          IM00B2R3RX72
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                         Volume(s)
     £0.065                                                                                        2,839,085
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      7 March 2022
 f)  Place of the transaction                                     AIMX

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Mr Arvind Gupta, PCA with  Sri Hari Vallabhaa Enterprises & Investments
                                                                  Private Limited
 2   Reason for the notification
 a)  Position/status                                              Chairman
 b)  Initial notification/Amendment                               Initial Notification
 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  Ordinary shares of 0.0147p each
     Identification code                                          IM00B2R3RX72
 b)  Nature of the transaction                                    Sale of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                                 Volume(s)
     £0.065                                                                                                3,795,447
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      7 March 2022
 f)  Place of the transaction                                     AIMX

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Ms Avantika Gupta, PCA with  Gleneagle Trading FZE
 2   Reason for the notification
 a)  Position/status                                              Director
 b)  Initial notification/Amendment                               Initial Notification
 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  Ordinary shares of 0.0147p each
     Identification code                                          IM00B2R3RX72
 b)  Nature of the transaction                                    Purchase of Ordinary Shares
 c)  Price(s) and volumes(s)                                      Price(s)                     Volume(s)
     £0.0675                                                                                   8,903,617
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        N/A single transaction
 e)  Date of the transaction                                      7 March 2022
 f)  Place of the transaction                                     AIMX

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFIFVAILLIF