Eneraqua Technologies PLC Director / PDMR Shareholding (0481U)

TIDMETP

RNS Number : 0481U

Eneraqua Technologies PLC

21 November 2023

21 November 2023

Eneraqua Technologies plc

("Eneraqua Technologies", the "Company" or the "Group")

Director / PDMR Shareholding

Eneraqua Technologies plc, a provider of specialist energy and water efficiency solutions, announces that it was informed on 20 November 2023 that Mitesh Dhanak, CEO, acquired ordinary shares in the Company of 0.1p each ("Ordinary Shares") (the "Purchase").

Mitesh Dhanak, purchased in aggregate 320,000 Ordinary Shares. Following the purchase Mitesh Dhanak, and certain parties closely associated with him, is interested in 6,137,327 Ordinary Shares , representing approximately 18.47 per cent. of the Company's issued share capital.

 
For further information please contact: 
 
 Eneraqua Technologies plc                   Via Alma 
 Mitesh Dhanak, Chief Executive Officer 
 Iain Richardson, Chief Financial Officer 
 
  Liberum (Nomad and Joint Broker)           Tel: [phone] 
  Edward Mansfield 
  Benjamin Cryer 
 
  Singer Capital Markets (Joint Broker)      Tel: [phone] 
  Sandy Fraser 
  Justin McKeegan 
  Asha Chotai 
 
  Alma Strategic Communications              Tel: [phone] 
  Justine James                              e [e-mail] 
  Sam Modlin 
  Will Ellis Hancock 
 

Notes to editors

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group has two divisions energy and water. Energy is the larger division, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals.

The water division is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes.

The activities in both divisions are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems.

The Company's main country of operation is the United Kingdom. The Company's head office is based in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 168 employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.

To find out more, please visit: www.eneraquatechnologies.com

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                                     Mitesh Dhanak 
      ---------------------------------------  ------------------------------------------------ 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                          CEO 
      ---------------------------------------  ------------------------------------------------ 
 b)    Initial notification                     Initial Notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------------- 
 a)    Name                                     Eneraqua Technologies plc 
      ---------------------------------------  ------------------------------------------------ 
 b)    LEI                                      21380045T7LPP2T83245 
      ---------------------------------------  ------------------------------------------------ 
       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 the                       Ordinary shares of 1 pence each ("Ordinary 
        financial instrument,                    Shares") 
        type of instrument 
 
       Identification code                      GB00BNYDGM91 
 
 b)    Nature of the transaction                Purchase of Ordinary Shares 
      ---------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                ---------------------  ---------------------- 
                                                 Price(s)               Volume(s) 
                                                ---------------------  ---------------------- 
                                                 40.1                   320,000 
                                                ---------------------  ---------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      As in 4.c) above 
 
  - Price 
 
 e)    Date of the transaction                  20/11/2023 
      ---------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction                 AIM 
      ---------------------------------------  ------------------------------------------------ 
 

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November 21, 2023 02:00 ET (07:00 GMT)