REG - OPG Power Ventures - Director/PDMR Shareholding

OPG Power VenturesAnnouncement

28/07/2023 17:15

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RNS Number : 6243H  OPG Power Ventures plc  28 July 2023

28 July 2023

 

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 Gleneagle Trading FZC, a  subsidiary of Gita
Investments Limited, a company controlled by the Gupta family purchased 25,000
ordinary shares on 26 July 2023 at 8.7 pence per share and 50,000 ordinary
shares on 27 July 2023 at 9.0 pence per share. Following these transactions,
the Gupta family holds 206,507,166 ordinary shares representing 51.53 % of the
Company's issued share capital.

 

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

                                                         Via Tavistock below

 OPG Power Ventures PLC
 Ajit Pratap Singh

 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                                                         Ms Avantika Gupta, PCA of 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)
                                                                   £0.087                                    25,000
                                                                   £0.090                                    50,000
 d)   Aggregated information
      Aggregated volume                                            75,000
      Price                                                        As indicated above
 e)   Date of the transaction                                      25,000 shares were purchased on 26.07.2023 and 50,000 shares were purchased on
                                                                   27.07.2023
 f)   Place of the transaction                                     AIMX

 

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