Aggregated Micro Power Holdings plc (AIM: AMPH), the specialist aggregator of distributed heat and power and renewable fuels, was notified on 19 April 2018 that on the same day Richard Burrell, CEO of the Company, transferred, via sale and purchase (the "Transfer"), 72,500 ordinary shares of 0.5 pence each in the Company ("Shares"). He sold 72,500 Shares at a price of 95.0 pence per Share from an account in his own name and bought 51,500 Shares at a price of 95.04 pence per Share to be held in his self-invested personal pension and 21,000 Shares at a price of 95.04 pence per Share to be held in his ISA.
Following the Transfer, there is no change to Mr Burrell's total beneficial interest in the Company, being 2,730,000 Shares representing approximately 6.3% of the Company's issued share capital; and £400,000 nominal of CLN's.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Details of the person discharging managerial responsibilities / person closely associated
Reason for the Notification
Chief Executive Officer
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Aggregated Micro Power Holdings plc
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
Description of the Financial instrument, type of instrument
Ordinary Shares of 0.5 pence
Nature of the transaction
Sale of Ordinary Shares
Purchase of Ordinary Shares
Price(s) and volume(s)
· Aggregated volume
- sale of 72,500 Ordinary Shares at 95.0p per Ordinary Share held in Mr Burrell's own name;
- purchase of 51,500 Ordinary Shares at 95.04p per Ordinary Share by Mr Burrell's self-invested personal pension; and
- purchase of 21,000 Ordinary Shares at 95.04p per Ordinary Share by Mr Burrell's ISA.
Date of the transaction
19 April 2018
Place of the transaction
London Stock Exchange, AIM Market (XLON)
Aggregated Micro Power Holdings plc Tel: 020 7382 7800
Neil Eckert, Executive Chairman
Richard Burrell, CEO
Helene Crook, Investor Relations
finnCap Ltd (NOMAD & Broker) Tel: 020 7220 0500
Ed Frisby/Simon Hicks (corporate finance)
Stephen Norcross/Sultan Awan (corporate broking)
Haggie Partners (Financial PR) Tel: 020 7562 4444
Peter Rigby/Brian Norris
Notes to Editors:
About Aggregated Micro Power Holdings plc
The AMP Group was established to develop, own and operate renewable energy generating facilities. It specialises in the sale of wood fuels and in the installation of distributed energy projects. AMP's wholly owned subsidiary Forest Fuels sells high quality wood chip and wood pellet to end customers throughout the UK, while its projects division installs biomass boiler and biomass CHP systems for a wide range of applications and customers. AMP is also active in developing projects for stand-by power generation which aim to balance the transmission grid at times of peak demand.
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
Richard Burrell, chief executive of Aggregated Micro Power Holdings plc (LON:AMPH), tells Proactive's Andrew Scott 2019 is shaping up to be another exciting year after enjoying strong growth last year.
The bulk of the revenues - £40mln (2017: £15.8mln) came from the wood fuels divisions,...