PDMR Dealing
18/01/2023 07:00
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RNS Number : 0481N Ncondezi Energy Limited 18 January 2023
News Release
Non-Executive Director/ PDMR Dealing
18 January 2023: Ncondezi Energy Limited ("Ncondezi" or the "Company")
(AIM:NCCL) announces it has been notified that on 17 January 2023, Scott
Fletcher, Non-Executive Director, purchased an aggregate of 2,750,000 ordinary
shares of no par value in the Company ("Shares").
Following these purchases, and before any further Shares are issued as part of
the convertible loan conversion, Scott Fletcher's beneficial interest in
Ordinary Shares of the Company is 107,765,575 Ordinary Shares, representing
22.09 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 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 On-market purchase of Ordinary Shares
c) Price(s) and volume(s)
Price(s) GBP Volume(s)
1. 0.0084 1. 500,000
2. 0.00868 2. 250,000
3. 0.00874 3. 500,000
4. 0.008975 4. 500,000
5. 0.009 5. 500,000
6. 0.009112 6. 500,000
d) Aggregated information
- Aggregated volume
- Price 2,750,000
0.008830364 GBP
e) Date of the transaction 17 January 2023
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
- Aggregated volume
- Price
2,750,000
0.008830364 GBP
e)
Date of the transaction
17 January 2023
f)
Place of the transaction
London Stock Exchange, AIM
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