Good Energy Group PLC Share Option Grant - replacement (7824H)

TIDMGOOD

RNS Number : 7824H

Good Energy Group PLC

19 November 2018

Good Energy Group PLC

("Good Energy" or the "Company")

Notification of Transactions by Directors/Persons Discharging Managerial Responsibility and Connected Persons

Correcting Announcement

Further to the announcement made on 16 November 2018 regarding the grant of awards under the Company's share option scheme, a total of 505,169 awards were granted not 400,144 as originally stated.

The notification below is made in accordance with the requirements of article 19 of MAR and provides further details, including as to awards granted to persons discharging managerial responsibility which has been updated accordingly.

Share Option Grant

Good Energy Group PLC ("Good Energy" or "the Company"), an established renewable energy company supplying 100% renewable electricity and green gas to homes and businesses, and providing FIT services for renewable generators, announces that it has today granted options over 505,169 ordinary shares in the Company ("New Options") under the Company's share option scheme, including New Options granted to the following whom the Company considers to be persons discharging managerial responsibility:

 
 Name                 New Options   Exercise Price    Vesting Date      Total Options 
                       Granted       of New Options    of New Options    held post 
                                                                         New Options 
                                                                         grant 
 Juliet Davenport*    122,472       5p                16 April 2021     705,729 
                     ------------  ----------------  ----------------  -------------- 
 Stephen Rosser**     57,528        5p                16 April 2021     84,799 
                     ------------  ----------------  ----------------  -------------- 
 

*Juliet Davenport is the Chief Executive Officer of the Company

**Stephen Rosser is the General Counsel and Company Secretary

Enquiries:

Good Energy Group PLC

Juliet Davenport, Chief Executive Tel: [phone]

Charles Parry, Investor Relations

Investec Bank plc (Nominated Adviser)

Jeremy Ellis Tel: [phone]

Sara Hale

Alexander Ruffman

Notes to editors:

-- Good Energy is a pioneering clean energy company, powering the choice of a cleaner, greener future together with its people, customers and shareholders. Having led the way in renewable energy development since 1999 in areas including small and larger scale wind turbines, solar panels, biogen and hydro, and now in technologies like battery storage and electric vehicles, Good Energy is making it easier for people and businesses to make renewable energy part of their lives.

-- Good Energy powers homes and businesses with 100% renewable electricity from a community of over 1,400 UK generators and owns and operate two wind farms, including the UK's first commercial wind farm, and six solar farms. In addition, Good Energy offers a green gas product which contains 6% biomethane - gas produced here in the UK from food waste. To make it completely carbon neutral, emissions from the rest of the gas its customers use is balanced through supporting verified carbon-reduction schemes in Malawi, Vietnam and Nepal.

   --      Established to tackle climate change and help deliver energy security for the UK. 
   --      Founded in 1999 by Juliet Davenport OBE. 
   --      A British company based in Chippenham, Wiltshire. 
   --      Good Energy's electricity comes from local, natural sources like sunshine, wind and rain. 
   --      In 2017 Good Energy's generation output was 87.6GWh (2016: 80.7GWh). 
   --      As at 30 December 2017, Good Energy had over 250,000 domestic and business customers. 

Twitter: twitter.com/goodenergy

Facebook: facebook.com/goodenergy.co.uk

Instagram: Instagram.com/GoodEnergy

Website: https://group.goodenergy.co.uk/

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Juliet Davenport 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Person discharging managerial responsibility 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                        Good Energy Group PLC 
     --------------------------  --------------------------------------------- 
 b)   LEI                         549300RDCDCDNGLJB833 
     --------------------------  --------------------------------------------- 
 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          Ordinary Shares, 5p 
       financial instrument, 
       type of instrument 
 
       Identification code         GOOD 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Award of share options 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP0.05     122,472 
                                                ---------- 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          122,472 
 
 
       - Price                      GBP6,123.75 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     16 November 2018 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Stephen Rosser 
     --------------------------  -------------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status                        Person discharging managerial responsibility 
     --------------------------  -------------------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
     --------------------------  -------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)   Name                        Good Energy Group PLC 
     --------------------------  -------------------------------------------------------- 
 b)   LEI                         549300RDCDCDNGLJB833 
     --------------------------  -------------------------------------------------------- 
 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          Ordinary Shares, 5p 
       financial instrument, 
       type of instrument 
 
       Identification code         GOOD 
     --------------------------  -------------------------------------------------------- 
 b)   Nature of the transaction   Award of share options 
     --------------------------  -------------------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP0.05     57,528 
                                                ---------- 
     --------------------------  -------------------------------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume          57,528 
 
 
       - Price                      GBP2,876.40 
     --------------------------  -------------------------------------------------------- 
 e)   Date of the transaction     16 November 2018 
     --------------------------  -------------------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  -------------------------------------------------------- 
 

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 [e-mail] or visit www.rns.com.

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November 19, 2018 06:56 ET (11:56 GMT)