AMTE Power PLC PDMR Dealing and Holding(s) in Company (0111M)
May 19 2022 - 2:00AM
UK Regulatory
TIDMAMTE
RNS Number : 0111M
AMTE Power PLC
19 May 2022
"This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European Union (Withdrawal) Act
2018, as amended ("MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this inside information is
now considered to be in the public domain."
19 May 2022
AMTE Power Plc
PDMR Dealing and Holding(s) in Company
AMTE Power Plc ("AMTE" or the "Company") announces that on 17
May 2022 it granted options to employees to subscribe for 1,255,273
new ordinary shares in the Company under the Company's EMI plan
(together, the "Options").
All of the Options are exercisable at a price of 80.5 pence per
share, reflecting the closing price on 17 May 2022. The Options
granted will vest over the next four years, with 25% vesting on the
first anniversary of the grant, and from thereon 2.08% for each
month, conditional on achieving performance criteria and remaining
in employment. The options are exercisable for a period of ten
years from the grant date.
The ordinary shares under option represent in aggregate 3.5% of
the Company's existing issued share capital.
Following the grant of the Options and taking into account
existing options, the Company has a total of 2,437,084 new ordinary
shares under option, representing 6.1% of the Company's issued
share capital at the date of this announcement.
The FCA notifications, made in accordance with the requirements
of the EU Market Abuse Regulation in relation to persons
discharging managerial responsibilities ("PDMRs"), are appended
below.
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
Panmure Gordon (UK) Limited (Joint Broker) Tel: +44 (0)207 886 2500
John Prior / Harriette Johnson (Corporate Finance)
Hugh Rich (Corporate Broking)
Camarco Tel: +44 (0)203 757 4992
Ginny Pulbrook / Tom Huddart / Rosie Driscoll
Details of the person discharging managerial responsibilities
1. / person closely associated
a) Name Steven Farmer
------------------------------ -------------------------------------------
Reason for the notification
2.
---------------------------------------------------------------------------
a) Position / status PDMR
------------------------------ -------------------------------------------
b) Initial notification Initial notification 17 May 2022
/ amendment
------------------------------ -------------------------------------------
Details of the issuer , emission allowance market participant,
3. auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name AMTE Power plc
------------------------------ -------------------------------------------
b) LEI 213800D4QZXUAZR6K870
------------------------------ -------------------------------------------
Details of the transaction(s): section to be repeated for
4. (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 EMI Options to subscribe for Ordinary
financial instrument, Shares of 0.05p each
type of instrument
Identification Code ISIN: GB00BNQRZZ55
------------------------------ -------------------------------------------
b) Nature of the transaction(s) Issue of options to subscribe for Ordinary
Shares in consideration of payment
of fees
------------------------------ -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Exercise price of 80.5p 130,450
----------
------------------------------ -------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
------------------------------ -------------------------------------------
e) Date of the transaction 17 May 2022
------------------------------ -------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ -------------------------------------------
Details of the person discharging managerial responsibilities
1. / person closely associated
a) Name David Pell
------------------------------ -------------------------------------------
Reason for the notification
2.
---------------------------------------------------------------------------
a) Position / status PDMR
------------------------------ -------------------------------------------
b) Initial notification Initial notification 17 May 2022
/ amendment
------------------------------ -------------------------------------------
Details of the issuer , emission allowance market participant,
3. auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name AMTE Power plc
------------------------------ -------------------------------------------
b) LEI 213800D4QZXUAZR6K870
------------------------------ -------------------------------------------
Details of the transaction(s): section to be repeated for
4. (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 Non tax advantaged options to subscribe
financial instrument, for Ordinary Shares of 0.05p each
type of instrument
Identification Code ISIN: GB00BNQRZZ55
------------------------------ -------------------------------------------
b) Nature of the transaction(s) Issue of options to subscribe for Ordinary
Shares in consideration of payment
of fees
------------------------------ -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Exercise price of 80.5p 118,025
----------
------------------------------ -------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
------------------------------ -------------------------------------------
e) Date of the transaction 17 May 2022
------------------------------ -------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ -------------------------------------------
Details of the person discharging managerial responsibilities
1. / person closely associated
a) Name Stuart Paterson
------------------------------ -------------------------------------------
Reason for the notification
2.
---------------------------------------------------------------------------
a) Position / status PDMR
------------------------------ -------------------------------------------
b) Initial notification Initial notification 17 May 2022
/ amendment
------------------------------ -------------------------------------------
Details of the issuer , emission allowance market participant,
3. auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name AMTE Power plc
------------------------------ -------------------------------------------
b) LEI 213800D4QZXUAZR6K870
------------------------------ -------------------------------------------
Details of the transaction(s): section to be repeated for
4. (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 EMI Options to subscribe for Ordinary
financial instrument, Shares of 0.05p each
type of instrument
Identification Code ISIN: GB00BNQRZZ55
------------------------------ -------------------------------------------
b) Nature of the transaction(s) Issue of options to subscribe for Ordinary
Shares in consideration of payment
of fees
------------------------------ -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Exercise price of 80.5p 99,400
----------
------------------------------ -------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
------------------------------ -------------------------------------------
e) Date of the transaction 17 May 2022
------------------------------ -------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ -------------------------------------------
Details of the person discharging managerial responsibilities
1. / person closely associated
a) Name David John Burrin
------------------------------ -------------------------------------------
Reason for the notification
2.
---------------------------------------------------------------------------
a) Position / status PDMR
------------------------------ -------------------------------------------
b) Initial notification Initial notification 17 May 2022
/ amendment
------------------------------ -------------------------------------------
Details of the issuer , emission allowance market participant,
3. auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name AMTE Power plc
------------------------------ -------------------------------------------
b) LEI 213800D4QZXUAZR6K870
------------------------------ -------------------------------------------
Details of the transaction(s): section to be repeated for
4. (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 EMI Options to subscribe for Ordinary
financial instrument, Shares of 0.05p each
type of instrument
Identification Code ISIN: GB00BNQRZZ55
------------------------------ -------------------------------------------
b) Nature of the transaction(s) Issue of options to subscribe for Ordinary
Shares in consideration of payment
of fees
------------------------------ -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Exercise price of 80.5p 236,050
----------
------------------------------ -------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
------------------------------ -------------------------------------------
e) Date of the transaction 17 May 2022
------------------------------ -------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------ -------------------------------------------
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END
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