OPG Power Ventures plc Directors' Shareholdings (4655X)
22 February 2017 - 8:30AM
UK Regulatory
TIDMOPG
RNS Number : 4655X
OPG Power Ventures plc
22 February 2017
22 February 2017
OPG Power Ventures plc
("OPG", the "Group" or the "Company")
Directors' Shareholdings
The Company has been notified that Mike Grasby, Non-Executive
Director, acquired 46 ordinary shares in the Company through his
participation in the Company's Scrip Dividend Alternative.
Director New Shares Resultant Resultant
acquired holding holding
pursuant following (% of
to Scrip Admission enlarged
Dividend issued
Alternative share
capital
following
Admission)
---------------------------- ------------- ----------- ------------
Mike Grasby (Non-Executive
Director) 41 10,041 0.003%
---------------------------- ------------- ----------- ------------
The notification of Dealing Form for Mr Grasby can be found
below.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------
a) Name Mike Grasby
--- ------------------------ ----------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Non-Executive Director
--- ------------------------ ----------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------ ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------------
a) Name OPG Power Ventures plc
--- ------------------------ ----------------------------------
b) LEI N/A
--- ------------------------ ----------------------------------
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 Ordinary shares of 0.0147p
the financial each in the capital of OPG
instrument, type Power Ventures plc
of instrument
Identification Company ISIN: IM00B2R3RX72
code
--- ------------------------ ----------------------------------
b) Nature of the Purchase of shares under
transaction the Scrip Dividend Alternative
--- ------------------------ ----------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
62.80 per share 41
--- ------------------------ --------------------- -----------
d) Aggregated information
- Aggregated N/A
volume
Single transaction
- Price
--- ------------------------ ----------------------------------
e) Date of the transaction 22 February 2017
--- ------------------------ ----------------------------------
f) Place of the London Stock Exchange (AIM)
transaction
--- ------------------------ ----------------------------------
For further information, please visit www.opgpower.com or
contact:
OPG Power Ventures PLC
Arvind Gupta / V Narayan +91 (0) 44 429
Swami 11211
OPG - Investor Relations +44 (0) 20 7850
Ajay Paliwal / Pooja Maru 7070
Cenkos Securities (Nominated
Adviser & Broker) +44 (0) 20 7397
Stephen Keys / Camilla Hume 8900
Macquarie Capital (Europe)
Limited (Joint Broker) +44 (0) 20 3037
Raj Khatri / Nick Stamp 2000
Tavistock (Financial PR) +44 (0) 20 7920
Simon Hudson / James Collins 3150
OPG operates and develops power generation related assets in
India and at 30 September 2016 had 750 MW of assets with a further
186 MW under development or in pipeline. In the six months ended 30
September 2016, according to its unaudited results for the period,
the Company generated revenues of GBP118 million, EBITDA of GBP41
million, profit before tax of GBP18 million and earnings per share
of 4.80 pence.
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 22, 2017 03:30 ET (08:30 GMT)