OPG Power Ventures plc Director/PDMR Shareholding (6243H)

TIDMOPG

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 
   OPG Power Ventures PLC                         below 
 Ajit Pratap Singh 
 
 Cenkos Securities plc (Nominated Adviser    [phone] 
  & Broker)                                        8900 
 Stephen Keys/Katy Birkin 
 
                                             [phone] 
 Tavistock (Financial PR)                          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

 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
 a)     Name                                      Ms Avantika Gupta, PCA of Gleneagle 
                                                   Trading FZE 
       ----------------------------------------  -------------------------------------- 
        Reason for the notification 
  2 
       -------------------------------------------------------------------------------- 
 a)     Position/status                           Director 
       ----------------------------------------  -------------------------------------- 
 b)     Initial notification/Amendment            Initial Notification 
       ----------------------------------------  -------------------------------------- 
        Details of the issuer, emission allowance market 
  3      participant, auction platform, auctioneer or auction 
         monitor 
       -------------------------------------------------------------------------------- 
 a)     Name                                      OPG Power Ventures PLC 
       ----------------------------------------  -------------------------------------- 
 b)     LEI                                       213800MLM7O87QIGIK85 
       ----------------------------------------  -------------------------------------- 
        Details of the transaction(s): section to be repeated 
  4      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                            Ordinary shares of 0.0147p each 
         the financial 
         instrument, type 
         of instrument 
       ----------------------------------------  -------------------------------------- 
        Identification                            IM00B2R3RX72 
         code 
       ----------------------------------------  -------------------------------------- 
 b)     Nature of the                             Purchase of Ordinary Shares 
         transaction 
       ----------------------------------------  -------------------------------------- 
 c)     Price(s) and                                  Price(s)            Volume(s) 
         volumes(s) 
       ----------------------------------------  ------------------  ------------------ 
                                                      GBP0.087             25,000 
                                                 ------------------  ------------------ 
                                                      GBP0.090             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                              AIMX 
         transaction 
       ----------------------------------------  -------------------------------------- 
 

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July 28, 2023 12:08 ET (16:08 GMT)