Enteq Upstream PLC Issue of shares and Director/PDMR Shareholding (2722F)
14 Luglio 2021 - 5:25PM
UK Regulatory
TIDMNTQ
RNS Number : 2722F
Enteq Upstream PLC
14 July 2021
Enteq Upstream plc
("Enteq" or the "Company")
Issue of shares
and
Director/PDMR Shareholding
Enteq, the energy drilling technology company, announces that on
14 July 2021 it issued and allotted 1,012,366 new ordinary shares
of 1p each ("Ordinary Shares") to the Directors in compensation for
remuneration due.
Of these new Ordinary Shares 471,550 were issued in compensation
for the elements of remuneration foregone in respect of the period
1 April 2020 to 31 March 2021 at a price of 14.3p and 1 December
2020 to 30 June 2021 at a price of 16.5p per new Ordinary Share.
These issue prices reflect the Company's average share price during
the periods to which the compensation relates. As with previous
issues of this type this was in order to maximise the cash
available to the business as a whole. In addition, 540,816 new
Ordinary Shares were issued under the Performance Share Plan
("PSP") that came into effect on 14 September 2014. Under the terms
of this award, with certain performance conditions having been met,
the consideration for these shares was 1p per share.
These new Ordinary Shares issued to the Directors were as
follows:
Total holding after issue
Number of Number of % Enlarged
new Ordinary Ordinary issued share
Name Shares issued Shares capital
Martin Perry 561,750 4,524,454 6.57%
David Steel 304,895 1,985,261 2.88%
Andrew Law 105,463 883,497 1.28%
Iain Paterson 21,169 557,048 0.81%
Neil Hartley 19,089 46,170 0.07%
Application has been made for the 1,012,366 new Ordinary Shares
to be admitted to trading on AIM which is expected to occur on 19
July 2021. Following the above issue of new Ordinary Shares, the
number of Ordinary Shares (each carrying one vote) in issue is
68,847,064. There are no shares held in treasury. The figure of
68,847,064 may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interests in, or a change to their interests in, the
share capital of Enteq under the Disclosure Guidance and
Transparency Rules.
For further information, please contact:
Enteq Upstream plc +44 (0) 20 8087 2202
www.enteq.com
Andrew Law, Chief Executive Officer
David Steel, Chief Financial Officer
finnCap Ltd (NOMAD and Broker) +44 (0) 20 7220 0500
Ed Frisby, Emily Watts, Tim Harper (Corporate Finance)
Andrew Burdis, Barney Hayward (ECM)
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name 1. Martin Perry
2. David Steel
3. Andrew Law
4. Iain Paterson
5. Neil Hartley
--------------------------------- ------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status 1. Chairman
2. Chief Financial Officer
3. Chief Executive Officer
4. Non-executive Director
5. Non-executive Director
--------------------------------- ------------------------------------
b) Initial notification/Amendment Initial notification
--------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Enteq Upstream
--------------------------------- ------------------------------------
b) LEI 2138006BKS2MOAPRUB75
--------------------------------- ------------------------------------
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 of 1 pence each
instrument, type of instrument GB00B41Q8Q68
Identification code
--------------------------------- ------------------------------------
b) Nature of the transaction Issue of shares in compensation
for cash remuneration
--------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.165 1. 84,261
GBP0.143 2. 59,330
GBP0.01 3. 64,778
4. 21,169
5. 19,089
1. 120,346
2. 61,892
3. 40,685
1. 357,143
2. 183,673
-----------------
--------------------------------- ------------------------------------
d) Aggregated information Not applicable - single transaction
--------------------------------- ------------------------------------
e) Date of the transaction 14 July 2021
--------------------------------- ------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------- ------------------------------------
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFLFFEDFISLIL
(END) Dow Jones Newswires
July 14, 2021 11:25 ET (15:25 GMT)
Grafico Azioni Enteq Technologies (AQSE:NTQ.GB)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni Enteq Technologies (AQSE:NTQ.GB)
Storico
Da Mar 2024 a Mar 2025
