Pineapple Power Corp - Director Share Holding

Pineapple Power

21/09/2026 15:53

RNS Number : 6438V
  
Pineapple Power Corporation PLC
  
21 September 2026
  
 


 
21 September 2026
 
PINEAPPLE POWER CORPORATION PLC
 
CLN Conversion and Allotment of New Shares
 
Director Share Holding
 
Pineapple Power Corporation PLC (the "Company") announces the allotment of 11,600,000 new ordinary £0.001 shares to Nicholas Nelson, a director of the Company.
 
On 29th June 2026, the Company announced that it had raised £300,000 through the issue of Convertible Loan Notes ("CLNs") with a conversion price of £0.0025.
 
Mr Nelson participated in the CLNs in the amount of £20,000. He was also issued Convertible Loan Notes on the same terms against a £9,000 bridging loan he had provided to the Company at an earlier date.
 
Mr Nelson's total shareholding in the Company is now 11,600,000 shares.
 
Following this allotment the Company has 94,932,877 ordinary £0.001 shares in issue and £289,000 in CLNs, convertible into 115,600,000 Convertible Loan Notes
 
 
Pineapple Power Corporation  PLC                                                              
 
Contact Nicholas Nelson via Flagstaff
                                                         
 
Flagstaff Strategic and Investor Communications
 
Tim Thompson / Alison Alfrey / Anna Probert                                   Tel:+44 (0) 207 129 1474
                                                                                                         pineapple@flagstaffcomms.com
 
Corporate Broker- AlbR Capital
Guy Miller                                                                                                 gm@albrcapital.com
 
 
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


Nicholas Nelson




2


Reason for the notification




a)


Position/status


Non-Executive Director




b)


Initial notification /Amendment


Initial notification




3


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




a)


Name


Pineapple Power Corporation plc




b)


LEI


213800BTD7JL99MTGQ68




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 0.1 pence in Pineapple Power Corporation plc
 
Identification code (ISIN) for Pineapple Power Corporation plc Ordinary Shares: GB00BD0SN947




b)


Nature of the transaction


Conversion of Convertible Loan Notes into 11,600,000 Ordinary Shares
 




c)


Price(s) and volume(s)


Convertible Loan Notes:
●    Price: Conversion price at 0.25 pence per Ordinary Share
●    Volume (principal value of Convertible Loan Notes): £29,000 of Convertible Loan Notes
 
 




d)


Aggregated information
- Aggregated volume
- Price


N/A
 




e)


Date of the transaction


21 September 2026




f)


Place of the transaction


Outside a trading venue




 




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