TIDMOPG

RNS Number : 0343Z

OPG Power Ventures plc

07 January 2020

7 January 2020

OPG Power Ventures plc

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

Director/PDMR Shareholding - Scrip Dividend

The Company announces that the following directors received ordinary shares of 0.0147p each in the capital of the company ("Ordinary Shares"), at the reference price of 18.15 pence per share, through the Scrip dividend announced on 1 August 2019 and issued on 6 January 2020:

 
 Director            Position                          Ordinary      Total number      % of issued 
                                                         Shares       of Ordinary    share capital 
                                                         issued            Shares        following 
                                                   on 9 January         held post        admission 
                                                  2020 pursuant    Scrip Dividend         of Scrip 
                                                         to the                           Dividend 
                                                 Scrip Dividend                             shares 
------------------  -------------------------  ----------------  ----------------  --------------- 
 Gita Investments 
  Limited(1)         Executive Chairman               6,607,749       206,492,166            51.5% 
 Jeremy Warner       Non-Executive Deputy 
  Allen               Chairman                           35,989         1,124,680             0.3% 
 Dmitri Tsvetkov     Chief Financial Officer             36,054         1,126,691             0.3% 
 Jeremy Beeton       Non-Executive Director               1,652            51,652             0.0% 
------------------  -------------------------  ----------------  ----------------  --------------- 
 (1) Beneficial interest in these shareholdings vests with 
  Arvind Gupta and family. 
 

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

 
                                         +91 (0) 44 429 
 OPG Power Ventures PLC                   11211 
 Arvind Gupta / Dmitri Tsvetkov 
 
 Cenkos Securities (Nominated Adviser    +44 (0) 20 7397 
  & Broker)                               8900 
 Russell Cook/ Stephen Keys 
 
                                         +44 (0) 20 7920 
 Tavistock (Financial PR)                 3150 
 Simon Hudson / Barney Hayward / Nick 
  Elwes 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            1. Gita Investments Limited 
                                       2. Jeremy Warner Allen 
                                       3. Dmitri Tsvetkov 
                                       4. Jeremy Beeton 
     ------------------------------  ------------------------------------------ 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                 1. Executive Chairman 
                                       2. Non-Executive Deputy Chairman 
                                       3. Chief Financial Officer 
                                       4. Non-Executive Director 
     ------------------------------  ------------------------------------------ 
 b)   Initial notification            Initial 
       /Amendment 
     ------------------------------  ------------------------------------------ 
 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              Ordinary Shares of 0.0147p each 
       financial instrument, 
       type of instrument              ISIN: IM00B2R3RX72 
       Identification code 
     ------------------------------  ------------------------------------------ 
 b)   Nature of the transaction       Acquisition of Ordinary Shares pursuant 
                                       to Scrip Dividend 
     ------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)          Price(s)                Volume(s) 
                                       1. 18.15 pence          1. 6,607,749 
                                       2. 18.15 pence          2. 35,989 
                                       3. 18.15 pence          3. 36,054 
                                       4. 18.15 pence          4. 1,652 
     ------------------------------  -----------------------  ----------------- 
 d)   Aggregated information 
       - Aggregated volume              N/A - single transaction 
       - Price 
     ------------------------------  ------------------------------------------ 
 e)   Date of the transaction         6 January 2020 
     ------------------------------  ------------------------------------------ 
 f)   Place of the transaction        Outside of 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.

END

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January 07, 2020 09:10 ET (14:10 GMT)

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