Plutus PowerGen PLC Director Shareholding (9674I)

TIDMPPG

RNS Number : 9674I

Plutus PowerGen PLC

26 March 2018

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Plutus PowerGen Plc / Ticker: PPG / Index: AIM

PLUTUS POWERGEN PLC

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

26 March 2018

Director Shareholding

Plutus PowerGen PLC (AIM: PPG), the AIM listed power company focused on the development and operation of flexible energy generation ('FlexGen') projects in the UK, announces that it has today been notified that James Longley, Finance Director of the Company, has today transferred 1,076,756 ordinary shares of 0.1 pence each ("Ordinary Shares") into his personal Individual Savings Account.

Following the transfer, James Longley's beneficial interest in the Company remains unchanged at 67,500,000 Ordinary Shares representing 9.49 per cent. of the Company's issued ordinary share capital.

ENDS

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

 
 Charles Tatnall   Plutus PowerGen      Tel: +44 (0) 20 
                    Plc                  3705 8350 
----------------  -------------------  ---------------- 
 Phil Stephens     Plutus PowerGen      Tel: +44 (0) 20 
                    Plc                  3705 8352 
----------------  -------------------  ---------------- 
 David Foreman     Cantor Fitzgerald    Tel: +44 (0) 20 
                    Europe               7894 8000 
----------------  -------------------  ---------------- 
 Richard Salmond   Cantor Fitzgerald    Tel: +44 (0) 20 
                    Europe               7894 8000 
----------------  -------------------  ---------------- 
 Hugo de Salis     St Brides Partners   Tel: +44 (0) 20 
                    Limited              7236 1177 
----------------  -------------------  ---------------- 
 

Appendix

 
 1.   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ------------------------------------------------------------ 
 a)   Name:                             James Longley 
---  --------------------------------  -------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status:                  CFO 
---  --------------------------------  -------------------------- 
 b)   Initial notification/amendment:   Initial notification 
---  --------------------------------  -------------------------- 
 3.   Details of the issuer emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ------------------------------------------------------------ 
 a)   Name:                             Plutus PowerGen 
                                         plc 
---  --------------------------------  -------------------------- 
 b)   LEI: 
---  --------------------------------  -------------------------- 
 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      Ordinary shares 
       instrument, type of               of 0.1 pence 
       instrument: 
                                         GB00B1GDWB47 
       Identification code: 
---  --------------------------------  -------------------------- 
 b)   Nature of the transaction:        Transfer of 
                                         shares into 
                                         an ISA 
---  --------------------------------  -------------------------- 
 c)   Price(s) and volume(s):             Prices(s)    Volume(s) 
                                          -----------  ---------- 
                                           n/a          1,076,756 
                                          -----------  ---------- 
---  --------------------------------  -------------------------- 
 d)   Aggregated information:           Single transaction 
                                         as in 4 c) 
       Aggregated volume:                above 
                                          Prices(s)    Volume(s) 
       Price:                            -----------  ---------- 
                                          n/a          1,076,756 
                                         -----------  ---------- 
---  --------------------------------  -------------------------- 
 e)   Date of transaction:              26/03/2018 
---  --------------------------------  -------------------------- 
 f)   Place of transaction              Outside a trading 
                                         venue 
---  --------------------------------  -------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 26, 2018 10:31 ET (14:31 GMT)