OPG Power Ventures PLC (LON:OPG)

OPG Power Ventures PLC (LON:OPG)


Share Price
18.38 p
Change
0.25 (1.38 %)
Market Cap
£71.28 m
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OPG Power Ventures PLC RNS Release

Director/PDMR Shareholding


RNS Number : 0791Q
OPG Power Ventures plc
14 February 2019
 

14 February 2019

 

OPG Power Ventures plc 

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

 

Director/PDMR Shareholding - SCRIP Dividend and Transfer

 

The Company announces that the following directors previously subscribed for and received ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at the reference price of 11.275p per share, as part of the SCRIP dividend previously announced on 20 November 2018:

 

Director

Position

Ordinary Shares issued on 3 December 2018 pursuant to SCRIP dividend

Total number of Ordinary Shares Currently held

% of issued share capital

Mike Grasby

Non-Executive Director

915

11,233

0.00%

Dmitri Tsvetkov

Chief Financial Officer

88,850

1,090,637

0.28%

Jeremy Warner Allen

Non-Executive Deputy Chairman

88,691

1,088,691

0.28%

Gita Investments Limited and related parties *

Executive Chairman

16,283,860

199,884,417

51.53%

 

* Beneficial interest in these shareholdings vests with Arvind Gupta and his family.

 

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 /Amendment

Initial

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 of the financial instrument, type of instrument

Identification code

Ordinary Shares of 0.0147p each
 

ISIN: IM00B2R3RX72

b)

Nature of the transaction

Acquisition of Ordinary Shares pursuant to SCRIP dividend

c)

Price(s) and volume(s)

Price(s)

11.275 pence per share

 

Volume(s)

915

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

 

e)

Date of the transaction

3 December 2018

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dmitri Tsvetkov

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial

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 of the financial instrument, type of instrument

Identification code

Ordinary Shares of 0.0147p each
 

ISIN: IM00B2R3RX72

b)

Nature of the transaction

Acquisition of Ordinary Shares pursuant to SCRIP dividend

c)

Price(s) and volume(s)

Price(s)

11.275 pence per share

 

Volume(s)

88,850

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

 

e)

Date of the transaction

3 December 2018

f)

Place of the transaction

London Stock Exchange

 

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 /Amendment

Initial

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 of the financial instrument, type of instrument

Identification code

Ordinary Shares of 0.0147p each
 

ISIN: IM00B2R3RX72

b)

Nature of the transaction

Acquisition of Ordinary Shares pursuant to SCRIP dividend

c)

Price(s) and volume(s)

Price(s)

11.275 pence per share

 

Volume(s)

88,691

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

 

e)

Date of the transaction

3 December 2018

f)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gita Investments Limited

2

Reason for the notification

a)

Position/status

Person closely associated with Arvind Gupta, Executive Chairman of OPG Power Ventures PLC

b)

Initial notification /Amendment

Initial

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 of the financial instrument, type of instrument

Identification code

Ordinary Shares of 0.0147p each
 

ISIN: IM00B2R3RX72

b)

Nature of the transaction

Acquisition of Ordinary Shares pursuant to SCRIP dividend

c)

Price(s) and volume(s)

Price(s)

11.275 pence per share

 

Volume(s)

16,283,860

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

 

e)

Date of the transaction

3 December 2018

f)

Place of the transaction

London Stock Exchange

 

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

OPG Power Ventures PLC

+91 (0) 44 429 11211

Arvind Gupta / Dmitri Tsvetkov

   

Cenkos Securities (Nominated Adviser & Broker)

+44 (0) 20 7397 8900

Stephen Keys

   

Tavistock (Financial PR)

+44 (0) 20 7920 3150

Simon Hudson / Barney Hayward

 


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 [email protected] or visit www.rns.com.
 
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