TIDMAMTE

RNS Number : 6795G

AMTE Power PLC

31 March 2022

31 March 2022

AMTE Power Plc

PDMR Dealing and Holding(s) in Company

AMTE Power Plc ("AMTE" or the "Company"), a developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, was notified on 30 March 2022 that the following PDMR dealings took place:

 
 Name             Position          Shares Purchased   Volume-Weighted   Date of   Post-Transaction 
                                                        Average Price     Trade     Shareholding 
 Kevin Brundish   Chief Executive   5,000 ordinary     83 pence          30 Mar    1,985,940 
                   Officer           shares             per share         2022      ordinary 
                                                                                    shares 
                 ----------------  -----------------  ----------------  --------  ----------------- 
 James Hobson     Chief Financial   5,000 ordinary     79 pence          29 Mar    5,000 ordinary 
                   Officer           shares             per share         2022      shares 
                 ----------------  -----------------  ----------------  --------  ----------------- 
 David Morgan     Non-Executive     10,000 ordinary    80 pence          28 Mar    296,715 ordinary 
                   Chairman          shares             per share         2022      shares 
                 ----------------  -----------------  ----------------  --------  ----------------- 
 Adam Park        Non-Executive     6,250 ordinary     80 pence          28 Mar    31,513 ordinary 
                   Director          shares             per share         2022      shares 
                 ----------------  -----------------  ----------------  --------  ----------------- 
 John Thurso      Non-Executive     5,000 ordinary     86 pence          28 Mar    5,000 ordinary 
                   Director          shares             per share         2022      shares 
                 ----------------  -----------------  ----------------  --------  ----------------- 
 Alyson Levett    Non-Executive     6,261 ordinary     80 pence          29 Mar    6,261 ordinary 
                   Director          shares             per share         2022      shares 
                 ----------------  -----------------  ----------------  --------  ----------------- 
 

The notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                Kevin Brundish 
      ----------------------------------  ------------------------------ 
 2.    Reason for the notification 
      ------------------------------------------------------------------ 
 a)    Position / status                   CEO 
      ----------------------------------  ------------------------------ 
 b)    Initial notification                Initial notification 
        / amendment 
      ----------------------------------  ------------------------------ 
 3.    Details of the issuer , emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------ 
 a)    Name                                AMTE Power plc 
      ----------------------------------  ------------------------------ 
 b)    LEI                                 213800D4QZXUAZR6K870 
      ----------------------------------  ------------------------------ 
 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 GBP0.005 
        financial instrument, 
        type of instrument                  ISIN: GB00BNQRZZ55 
        Identification Code 
      ----------------------------------  ------------------------------ 
 b)    Nature of the transaction(s)        Purchase of Ordinary Shares 
      ----------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)               Price(s)   Volume(s) 
                                             83 p       5,000 
                                                       ---------- 
      ----------------------------------  ------------------------------ 
 d)         Aggregated information 
         *    Aggregated volume             5,000 
                                             83 p 
 
         *    Price 
 ---------------------------------------  ------------------------------ 
 e)    Date of the transaction             30 March 2022 
      ----------------------------------  ------------------------------ 
 f)    Place of the transaction            London Stock Exchange AIM 
      ----------------------------------  ------------------------------ 
 
 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                James Hobson 
      ----------------------------------  ------------------------------ 
 2.    Reason for the notification 
      ------------------------------------------------------------------ 
 a)    Position / status                   CFO 
      ----------------------------------  ------------------------------ 
 b)    Initial notification                Initial notification 
        / amendment 
      ----------------------------------  ------------------------------ 
 3.    Details of the issuer , emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------ 
 a)    Name                                AMTE Power plc 
      ----------------------------------  ------------------------------ 
 b)    LEI                                 213800D4QZXUAZR6K870 
      ----------------------------------  ------------------------------ 
 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 GBP0.005 
        financial instrument, 
        type of instrument                  ISIN: GB00BNQRZZ55 
        Identification Code 
      ----------------------------------  ------------------------------ 
 b)    Nature of the transaction(s)        Purchase of Ordinary Shares 
      ----------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)               Price(s)   Volume(s) 
                                             79 p       5,000 
                                                       ---------- 
      ----------------------------------  ------------------------------ 
 d)         Aggregated information 
         *    Aggregated volume             5,000 
                                             79 p 
 
         *    Price 
 ---------------------------------------  ------------------------------ 
 e)    Date of the transaction             29 March 2022 
      ----------------------------------  ------------------------------ 
 f)    Place of the transaction            London Stock Exchange AIM 
      ----------------------------------  ------------------------------ 
 
 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                David Morgan 
      ----------------------------------  ------------------------------ 
 2.    Reason for the notification 
      ------------------------------------------------------------------ 
 a)    Position / status                   Non-Executive Chairman 
      ----------------------------------  ------------------------------ 
 b)    Initial notification                Initial notification 
        / amendment 
      ----------------------------------  ------------------------------ 
 3.    Details of the issuer , emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------ 
 a)    Name                                AMTE Power plc 
      ----------------------------------  ------------------------------ 
 b)    LEI                                 213800D4QZXUAZR6K870 
      ----------------------------------  ------------------------------ 
 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 GBP0.005 
        financial instrument, 
        type of instrument                  ISIN: GB00BNQRZZ55 
        Identification Code 
      ----------------------------------  ------------------------------ 
 b)    Nature of the transaction(s)        Purchase of Ordinary Shares 
      ----------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)               Price(s)   Volume(s) 
                                             80 p       10,000 
                                                       ---------- 
      ----------------------------------  ------------------------------ 
 d)         Aggregated information 
         *    Aggregated volume             10,000 
                                             80 p 
 
         *    Price 
 ---------------------------------------  ------------------------------ 
 e)    Date of the transaction             28 March 2022 
      ----------------------------------  ------------------------------ 
 f)    Place of the transaction            London Stock Exchange AIM 
      ----------------------------------  ------------------------------ 
 
 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                             Clearpath Consultancy Limited (a vehicle 
                                         of Adam Park) 
      -------------------------------  ----------------------------------------- 
 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                             AMTE Power plc 
      -------------------------------  ----------------------------------------- 
 b)    LEI                              213800D4QZXUAZR6K870 
      -------------------------------  ----------------------------------------- 
 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 GBP0.005 
        financial instrument, 
        type of instrument               ISIN: GB00BNQRZZ55 
        Identification Code 
      -------------------------------  ----------------------------------------- 
 b)    Nature of the transaction(s)     Purchase of Ordinary Shares 
      -------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)   Volume(s) 
                                          80p        6,250 
                                                    ---------- 
      -------------------------------  ----------------------------------------- 
 d)         Aggregated information 
         *    Aggregated volume          6,250 
                                          80 p 
 
         *    Price 
 ------------------------------------  ----------------------------------------- 
 e)    Date of the transaction          28 March 2022 
      -------------------------------  ----------------------------------------- 
 f)    Place of the transaction         London Stock Exchange AIM 
      -------------------------------  ----------------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                Viscount John Thurso PC 
      ----------------------------------  ------------------------------ 
 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                                AMTE Power plc 
      ----------------------------------  ------------------------------ 
 b)    LEI                                 213800D4QZXUAZR6K870 
      ----------------------------------  ------------------------------ 
 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 GBP0.005 
        financial instrument, 
        type of instrument                  ISIN: GB00BNQRZZ55 
        Identification Code 
      ----------------------------------  ------------------------------ 
 b)    Nature of the transaction(s)        Purchase of Ordinary Shares 
      ----------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)               Price(s)   Volume(s) 
                                             86 p       5,000 
                                                       ---------- 
      ----------------------------------  ------------------------------ 
 d)         Aggregated information 
         *    Aggregated volume             5,000 
                                             86 p 
 
         *    Price 
 ---------------------------------------  ------------------------------ 
 e)    Date of the transaction             28 March 2022 
      ----------------------------------  ------------------------------ 
 f)    Place of the transaction            London Stock Exchange AIM 
      ----------------------------------  ------------------------------ 
 
 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                Alyson Levett 
      ----------------------------------  ------------------------------ 
 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                                AMTE Power plc 
      ----------------------------------  ------------------------------ 
 b)    LEI                                 213800D4QZXUAZR6K870 
      ----------------------------------  ------------------------------ 
 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 GBP0.005 
        financial instrument, 
        type of instrument                  ISIN: GB00BNQRZZ55 
        Identification Code 
      ----------------------------------  ------------------------------ 
 b)    Nature of the transaction(s)        Purchase of Ordinary Shares 
      ----------------------------------  ------------------------------ 
 c)    Price(s) and volume(s)               Price(s)   Volume(s) 
                                             80 p       6,261 
                                                       ---------- 
      ----------------------------------  ------------------------------ 
 d)         Aggregated information 
         *    Aggregated volume             6,261 
                                             80 p 
 
         *    Price 
 ---------------------------------------  ------------------------------ 
 e)    Date of the transaction             29 March 2022 
      ----------------------------------  ------------------------------ 
 f)    Place of the transaction            London Stock Exchange AIM 
      ----------------------------------  ------------------------------ 
 

For further information contact:

 
AMTE Power plc                                  Tel: +44 (0)1847 867 200 
 Kevin Brundish (Chief Executive Officer) 
 James Hobson (Chief Financial Officer) 
WH Ireland Limited (NOMAD and Joint Broker)     Tel: +44 (0)207 220 1666 
 Chris Fielding / Ben Good 
SI Capital Limited (Joint Broker)               Tel: +44 (0)1483 413 500 
 Nick Emerson / Nick Briers 
Camarco                                         Tel: +44 (0)203 757 4992 
 Ginny Pulbrook / Tom Huddart / Rosie Driscoll 
 

ABOUT AMTE POWER PLC

AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets. In March 2021, the Company listed on the AIM market of the London Stock Exchange, making the Company the only listed UK battery manufacturer. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance and safety. These new products are targeted at a range of specialist markets including the automotive industry, oil and gas market and energy storage sector. AMTE's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. For further information visit the Company's website: www.amtepower.com

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END

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March 31, 2022 02:01 ET (06:01 GMT)

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