Source - LSE Regulatory
RNS Number : 7328J
Eneraqua Technologies PLC
14 December 2022
 

Eneraqua Technologies plc

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

 

Director/PDMR Shareholding

 

Eneraqua Technologies plc, a specialist provider of energy and water efficiency solutions, announces that on 13 December 2022 the Company was notified that certain Directors of the Company sold, in response to institutional demand, 1,004,009 ordinary shares in the Company of 1 pence each ("Ordinary Shares") at a price of 290 pence per Ordinary Share. Details of holdings pre and post-sale are listed below.

 

Director

Previous shareholding

Number of shares sold

Resultant shareholding

Resultant % of issued share capital

Mitesh Dhanak

6,382,6211

610,194

5,772,4272

17.4%

David Routledge

4,119,300

393,815

3,725,485

11.2%

 

1 Includes 4,757,521 ordinary shares held by Anila Dhanak

2 Includes 4,147,327 ordinary shares held by Anila Dhanak

 

 

For more information, please contact:

 

Eneraqua Technologies plc

Via Alma PR

Mitesh Dhanak, CEO 

www.eneraquatechnologies.com

Iain Richardson, CFO 




finnCap Limited - Nominated Adviser and Joint Broker

+44(0)20 7220 0500

Ed Frisby / Charlie Beeson - Corporate Finance


Andrew Burdis / Sunila de Silva - ECM




Singer Capital Markets - Joint Broker

+44(0)20 7496 3000

Sandy Fraser / Justin McKeegan / Rachel Hayes


 


Alma PR - Financial PR and IR 

+44(0)20 3405 0205 

Justine James / Sam Modlin / Will Ellis Hancock

eneraqua@almapr.co.uk



 

Notes to editors

 

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group designs and delivers improved energy and water systems which utilise its wholly owned intellectual property, Control Flow HL2024. Energy was the first market the Company entered and this is the larger sector, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals.

 

Water is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes.  It has also expanded into agritech systems.

 

The activities in both areas are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems.

 

The Company's main country of operation is the United Kingdom. The Company's head office is in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 144 employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.

 

To find out more, please visit:  www.eneraquatechnologies.com

 

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR.

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1.       

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Anila Dhanak

2.       

Reason for the Notification

a)

Position/status

Person closely associated with Mitesh Dhanak, Chief Executive Officer of the Company

b)

Initial notification/Amendment

Initial Notification

3.   

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Eneraqua Technologies plc

b)

LEI

21380045T7LPP2T83245

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

Ordinary shares of 1 pence each ("Ordinary Shares")

Identification code

GB00BNYDGM91

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

290p

610,194

d)

Aggregated information:

·      Aggregated volume

·      Price

 

As disclosed in 4.c) above

e)

Date of the transaction

13 December 2022

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.   

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dave Routledge

2.   

Reason for the Notification

a)

Position/status

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

Eneraqua Technologies plc

b)

LEI

21380045T7LPP2T83245

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

Ordinary shares of 1 pence each ("Ordinary Shares")

Identification code

GB00BNYDGM91

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

290p

393,815

d)

Aggregated information:

·      Aggregated volume

·      Price

As disclosed in 4.c) above

e)

Date of the transaction

13 December 2022

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

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