OPG Power Ventures plc Director/PDMR Shareholding (8909C)

TIDMOPG

RNS Number : 8909C

OPG Power Ventures plc

03 October 2018

3 October 2018

OPG Power Ventures plc

("OPG", the "Group" or the "Company")

Director/PDMR Shareholding

The Company today announces that Jeremy Warner Allen, Non-Executive Deputy Chairman of the Company, has purchased a total of 696,271 ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at an average price of 12.05 pence per share.

Following these purchases, Mr Warner Allen holds 1,000,000 Ordinary Shares representing approximately 0.3% per cent of the Company's issued share capital.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Jeremy Warner Allen 
     -------------------------  ------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status            Non-Executive Deputy Chairman 
     -------------------------  ------------------------------------- 
 b)   Initial notification       Initial 
       /Amendment 
     -------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                       OPG POWER VENTURES PLC 
     -------------------------  ------------------------------------- 
 b)   LEI                        213800MLM7O87QIGIK85 
     -------------------------  ------------------------------------- 
 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                Ordinary Shares of 0.0147p each 
       of the financial 
       instrument, 
       type of instrument         ISIN: IM00B2R3RX72 
 
       Identification 
       code 
     -------------------------  ------------------------------------- 
 b)   Nature of                  Purchase of Ordinary Shares 
       the transaction 
     -------------------------  ------------------------------------- 
 c)   Price(s) and                 Price(s)            Volume(s) 
       volume(s)                    11.95p per share    500,000 
                                                       ---------- 
     -------------------------  ------------------------------------- 
 d)   Aggregated 
       information                 N/A - single transaction 
       - Aggregated 
       volume 
 
 
       - Price 
     -------------------------  ------------------------------------- 
 e)   Date of the                2 October 2018 
       transaction 
     -------------------------  ------------------------------------- 
 f)   Place of the               London Stock Exchange, XLON 
       transaction 
     -------------------------  ------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Jeremy Warner Allen 
     -------------------------  ------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status            Non-Executive Deputy Chairman 
     -------------------------  ------------------------------------- 
 b)   Initial notification       Initial 
       /Amendment 
     -------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                       OPG POWER VENTURES PLC 
     -------------------------  ------------------------------------- 
 b)   LEI                        213800MLM7O87QIGIK85 
     -------------------------  ------------------------------------- 
 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                Ordinary Shares of 0.0147p each 
       of the financial 
       instrument, 
       type of instrument         ISIN: IM00B2R3RX72 
 
       Identification 
       code 
     -------------------------  ------------------------------------- 
 b)   Nature of                  Purchase of Ordinary Shares 
       the transaction 
     -------------------------  ------------------------------------- 
 c)   Price(s) and                 Price(s)            Volume(s) 
       volume(s)                    12.30p per share    196,271 
                                                       ---------- 
     -------------------------  ------------------------------------- 
 d)   Aggregated 
       information                 N/A - single transaction 
       - Aggregated 
       volume 
 
 
       - Price 
     -------------------------  ------------------------------------- 
 e)   Date of the                3 October 2018 
       transaction 
     -------------------------  ------------------------------------- 
 f)   Place of the               London Stock Exchange, XLON 
       transaction 
     -------------------------  ------------------------------------- 
 

For further information, please visit www.opgpower.com or contact:

 
                                         [phone] 
 OPG Power Ventures PLC                   11211 
 Arvind Gupta / Dmitri Tsvetkov 
 
 Cenkos Securities (Nominated Adviser    [phone] 
  & Broker)                               8900 
 Stephen Keys 
 
                                         [phone] 
 Tavistock (Financial PR)                 3150 
 Simon Hudson / Barney Hayward / Nick 
  Elwes 
 

-ends-

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October 03, 2018 10:58 ET (14:58 GMT)