Oracle Power PLC Director/PDMR Shareholding (8300M)
September 24 2021 - 2:00AM
UK Regulatory
TIDMORCP
RNS Number : 8300M
Oracle Power PLC
24 September 2021
24 September 2021
Oracle Power PLC
("Oracle", the "Company")
Director/PDMR Shareholding
Oracle Power PLC (AIM:ORCP), the international natural resources
project developer, announces that Ms Naheed Memon, CEO of Oracle,
acquired the entire share capital of Nazario Consultancy Limited,
for a consideration of GBP55,364, the sole asset of which is
17,859,230 ordinary shares of 0.1p each in capital of the Company
("Ordinary Shares") on 23 September 2021. Accordingly, Ms Memon has
effectively paid 0.31 pence per Ordinary Share.
As a result of this acquisition, Ms Memon is beneficially
interested in 83,194,791 Ordinary Shares, representing 3.63 per
cent. of the issued share capital of the Company.
*ENDS*
For further information on Oracle Power Plc, visit the Company's
website http://www.oraclepower.co.uk or contact:
Oracle Power PLC
Naheed Memon - CEO +44 (0) 203 580 4314
Strand Hanson Limited (Nominated Adviser)
Rory Murphy, James Harris, Rob Patrick +44 (0) 20 7409 3494
Brandon Hill Capital Limited (Joint Broker)
Oliver Stansfield +44 (0) 203 463 5000
Shard Capital (Joint Broker)
Damon Heath, Isabella Pierre +44 (0) 20 7186 9952
St Brides Partners Limited (Financial PR)
Susie Geliher, Catherine Leftley +44 (0) 20 7236 1177
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 Naheed Memon
---------------------------------- -------------------------------
2. Reason for the notification
-------------------------------------------------------------------
a. Position/status CEO
---------------------------------- -------------------------------
b. Initial notification/Amendment Initial Notification
---------------------------------- -------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a. Name Oracle Power PLC
---------------------------------- -------------------------------
b. LEI 213800WAVVOPS85N2205
---------------------------------- -------------------------------
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 Ordinary Shares of 0.1p each
instrument, type of instrument GB00B23JN426
Identification code
---------------------------------- -------------------------------
b. Nature of the transaction Purchase of a corporate entity
which owns Ordinary Shares
---------------------------------- -------------------------------
c. Price(s) and volume(s) 0.31 pence
17,859,230
---------------------------------- -------------------------------
d. Aggregated information
* Aggregated volume N/A, Single transaction
* Price
---------------------------------- -------------------------------
e. Date of the transaction 23 September 2021
---------------------------------- -------------------------------
f. Place of the transaction Outside a trading venue
---------------------------------- -------------------------------
About Oracle Power PLC:
Oracle Power PLC is an international natural resource and power
project developer quoted on London's AIM market. The Company holds
two highly prospective gold assets in two globally significant gold
regions of Western Australia. The Northern Zone Project is located
25km east of the major gold mining centre of Kalgoorlie, the home
of the 'Super Pit' mine, the second largest gold mine in Australia,
and the Jundee East Gold Project is located 9km east of Northern
Star's Jundee Gold Mine, one of Australia's largest gold mines.
The Company's initial project is the Thar Block VI Project in
the Thar desert in the south-east of the Sindh province of Pakistan
where the Company is advancing plans for a combined lignite coal
mine, a 1,320MW mine mouth power plant and a proposed coal
gasification to urea project.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHDKNBPOBKDBCB
(END) Dow Jones Newswires
September 24, 2021 02:00 ET (06:00 GMT)
Oracle Power (LSE:ORCP)
Historical Stock Chart
From Jul 2024 to Aug 2024
Oracle Power (LSE:ORCP)
Historical Stock Chart
From Aug 2023 to Aug 2024