Director/PDMR Shareholding
09/02/2023 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230209:nRSI3755Pa&default-theme=true
RNS Number : 3755P Ncondezi Energy Limited 09 February 2023
www.ncondezienergy.com (http://www.ncondezienergy.com)
News Release
Director/PDMR Dealing
9 February 2023: Ncondezi Energy Limited ("Ncondezi" or the "Company")
(AIM:NCCL) announces that on 9 February 2023, Michael Haworth, Chairman,
received an aggregate of 3,913,087 ordinary shares of no par value in the
Company ("Ordinary Shares") and Scott Fletcher, Non-Executive Director,
received an aggregate of 15,213,515 Ordinary Shares, following the conversion
of all convertible loan and interest, as announced on 6 February 2023.
Following this, Michael Haworth has a beneficial interest in 23,936,549
Ordinary Shares, representing 4.23 per cent. of the Company's issued ordinary
capital, and Scott Fletcher has a beneficial interest in 122,979,090 Ordinary
Shares, representing 21.71 per cent. of the Company's issued share capital.
Enquiries
For further information please visit www.ncondezienergy.com or contact:
Ncondezi Energy Hanno Pengilly +27 (0) 71 362 3566
Scott Mathieson, Edward Thomas, Kane Collings +44 (0) 20 3100 2000
Liberum Capital Limited
NOMAD & Joint Broker
Novum Securities Limited Colin Rowbury +44 (0) 20 7399 9427
Joint Broker
Elizabeth Johnson +44 (0) 777 56 55 927
Pimlico Advisory Ltd
Investor Relations
About Ncondezi Energy
Ncondezi is an African power development company focused on the development of
a 300MW solar PV plus BESS renewable energy in the Tete Province in northern
Mozambique.
It is the intention that the Solar Project will connect to the Mozambique grid
with target power off takers in Mozambique and the Southern African Power Pool
(SAPP).
The Solar Project takes full advantage of Mozambique's leading sustainable
energy resources and is fully aligned with Government's objective to become a
champion for energy transition impacting all of Southern Africa.
The notification below is made in accordance with the requirements of the MAR.
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 Michael Haworth
2 Reason for the notification
a) Position/status Non-Executive Chairman
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Ncondezi Energy Limited
b) LEI 2138003W75PP9STE9J18
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 no par value
Identification code
4VGG640631039
b) Nature of the transaction Conversion of convertible loan plus interest into Ordinary Shares
c) Price(s) and volume(s)
Price(s) GBP Volume(s)
1. 0.0052 1. 3,830,267
2. 0.0091 2. 82,820
d) Aggregated information
- Aggregated volume 3,913,087
- Price
0.0053 GBP
e) Date of the transaction 9 February 2023
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
3,913,087
0.0053 GBP
e)
Date of the transaction
9 February 2023
f)
Place of the transaction
Off market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Scott Fletcher
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 Ncondezi Energy Limited
b) LEI 2138003W75PP9STE9J18
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 no par value
Identification code
4VGG640631039
b) Nature of the transaction Conversion of convertible loan plus interest into Ordinary Shares
c) Price(s) and volume(s)
Price(s) GBP Volume(s)
1. 0.0054 1. 14,877,709
2. 0.0093 2. 335,806
d) Aggregated information
- Aggregated volume
- Price 15,213,515
0.0055 GBP
e) Date of the transaction 9 February 2023
f) Place of the transaction Off market
d)
Aggregated information
- Aggregated volume
- Price
15,213,515
0.0055 GBP
e)
Date of the transaction
9 February 2023
f)
Place of the transaction
Off market
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 DSHBVLLBXLLXBBE