OPG Power Ventures plc Director/PDMR Shareholding (0791Q)
February 14 2019 - 12:43PM
UK Regulatory
TIDMOPG
RNS Number : 0791Q
OPG Power Ventures plc
14 February 2019
14 February 2019
OPG Power Ventures plc
("OPG", the "Group" or the "Company")
Director/PDMR Shareholding - SCRIP Dividend and Transfer
The Company announces that the following directors previously
subscribed for and received ordinary shares of 0.0147p each in the
capital of the company ("Ordinary Shares"), at the reference price
of 11.275p per share, as part of the SCRIP dividend previously
announced on 20 November 2018:
Director Position Ordinary Total number % of
Shares issued of Ordinary issued
on 3 December Shares share
2018 pursuant Currently capital
to SCRIP held
dividend
Mike Grasby Non-Executive Director 915 11,233 0.00%
Chief Financial
Dmitri Tsvetkov Officer 88,850 1,090,637 0.28%
Jeremy Warner Non-Executive Deputy
Allen Chairman 88,691 1,088,691 0.28%
Gita Investments
Limited and related
parties * Executive Chairman 16,283,860 199,884,417 51.53%
* Beneficial interest in these shareholdings vests with Arvind
Gupta and his family.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mike Grasby
------------------------------- ------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status 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)
11.275 pence per 915
share
------------------------------- ---------------------------- ------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
------------------------------- ------------------------------------------
e) Date of the transaction 3 December 2018
------------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange
------------------------------- ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Dmitri Tsvetkov
------------------------------- ------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------- ------------------------------------------
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)
11.275 pence per 88,850
share
------------------------------- ---------------------------- ------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
------------------------------- ------------------------------------------
e) Date of the transaction 3 December 2018
------------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange
------------------------------- ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jeremy Warner Allen
------------------------------- ------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Non-Executive Deputy Chairman
------------------------------- ------------------------------------------
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)
11.275 pence per 88,691
share
------------------------------- ---------------------------- ------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
------------------------------- ------------------------------------------
e) Date of the transaction 3 December 2018
------------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange
------------------------------- ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Gita Investments Limited
------------------------------ ------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Person closely associated with Arvind
Gupta, Executive Chairman of OPG Power
Ventures PLC
------------------------------ ------------------------------------------
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)
11.275 pence per 16,283,860
share
------------------------------ ------------------------- ---------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
------------------------------ ------------------------------------------
e) Date of the transaction 3 December 2018
------------------------------ ------------------------------------------
f) Place of the transaction London Stock Exchange
------------------------------ ------------------------------------------
For further information, please visit www.opgpower.com or
contact:
OPG Power Ventures PLC +91 (0) 44 429 11211
Arvind Gupta / Dmitri Tsvetkov
Cenkos Securities (Nominated Adviser
& Broker) +44 (0) 20 7397 8900
Stephen Keys
Tavistock (Financial PR) +44 (0) 20 7920 3150
Simon Hudson / Barney Hayward
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Authority to act as a Primary Information Provider in the United
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END
DSHLLFVDFAISLIA
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