Molecular Energies PLC Exercise of Options and Total Voting Rights (0279N)
January 18 2023 - 2:00AM
UK Regulatory
TIDMMEN
RNS Number : 0279N
Molecular Energies PLC
18 January 2023
18 January 2023
MOLECULAR ENERGIES PLC
("Molecular" or the "Company")
Exercise of Options and Total Voting Rights
Molecular Energies PLC (AIM: MEN), the international energy
company , announces that it has issued and allotted an aggregate of
75,000 new ordinary shares of 1 penny each in the Company
("Ordinary Shares") to senior management and employees of the
Company pursuant to share options issued under the terms of the
Long Term Incentive Plan on 19 November 2020.
Of the 75,000 ordinary shares being issued 50,000 will be issued
to persons discharging management responsibilities ("PDMR") of the
Company, the remaining 25,000 will be issued to Non-PDMR's.
Application has been made for the new Ordinary Shares to be
admitted to trading on AIM and dealings are expected to commence on
24 January 2023.
The new Ordinary Shares will rank pari passu with the existing
shares of the Company. Following the exercise of options, the
Company's issued share capital consists of 10,365,373 Ordinary
Shares. Accordingly, the figure of 10,365,373 may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in the Company under the FCA's
Disclosure Guidance and Transparency Rules.
Contact:
Molecular Energies PLC +44 (0)20 7016 7950
Nikita Levine, Investor Relations info@molecularenergiesplc.com
finnCap (Nominated Advisor and broker) +44 (0)20 7220 0500
Christopher Raggett, George Dollemore
Tavistock (Financial PR & IR) +44 (0)20 7920 3150
Simon Hudson, Nick Elwes, Charles Baister
Notes to Editors
Molecular Energies PLC is an AIM listed company at the forefront
of energy development and has interests across the energy spectrum,
from oil and gas projects to subdivisions in the green and
alternative energy sub-sectors.
The Company has oil and gas production in two geographical
markets: Argentina and the United States, as well as exploration
assets in both Argentina and Paraguay. The Company also has two
separate subdivisions which are focused on early-stage
opportunities in the green and/or alternative energy
sub-sector.
Activities in the green and alternative energy space are being
carried out under the Green House Capital brand and through AIM
listed ATOME Energy PLC operating in Paraguay and Iceland,
producing green hydrogen and ammonia for use in fuels.
With a strong strategic and institutional base of support, an
in-country management team as well as the Chairman whose interests
as the largest shareholder are aligned to those of its
shareholders, Molecular gives UK investors access to an energy
growth story combined with world class standards of corporate
governance, environmental and social responsibility.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as it forms part of
UK Domestic Law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR"). The person who arranged for the release of this
announcement on behalf of the Company was Peter Levine,
Chairman.
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Claudia Perez
------------------------------------------------------------- ------------------------------------
2. Reason for the notification
---------------------------------------------------------------------------------------------------
a) Position/status: Chief Financial Officer Argentina
------------------------------------------------------------- ------------------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------------------
a) Name: Molecular Energies PLC
------------------------------------------------------------- ------------------------------------
b) LEI: 213800MA2ZN22I4ITA79
------------------------------------------------------------- ------------------------------------
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 1p each
Identification code: ISIN: G B00BMT80K89
------------------------------------------------------------- ------------------------------------
b) Nature of the transaction: Exercise of Share Options
------------------------------------------------------------- ------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1 pence 12,500
----------
------------------------------------------------------------- ------------------------------------
d) Aggregated information: Single transaction as in 4 c) above
* Aggregated volume:
* Price:
------------------------------------------------------------- ------------------------------------
e) Date of the transaction: 18 January 2023
------------------------------------------------------------- ------------------------------------
f) Place of the transaction: Outside a trading venue
------------------------------------------------------------- ------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Lucia D'Agostino
-------------------------------------- -------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Legal & Administration
Director
-------------------------------------- -------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------- -------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: Molecular Energies PLC
-------------------------------------- -------------------------------
b) LEI: 213800MA2ZN22I4ITA79
-------------------------------------- -------------------------------
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 1p each
instrument, type of instrument: ISIN: GB00BMT80K89
Identification code:
-------------------------------------- -------------------------------
b) Nature of the transaction: Exercise of Share Options
-------------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1 pence 12,500
----------
-------------------------------------- -------------------------------
d) Aggregated information: Single transaction as in
* Aggregated volume: 4 c) above
* Price:
-------------------------------------- -------------------------------
e) Date of the transaction: 18 January 2023
-------------------------------------- -------------------------------
f) Place of the transaction: Outside a trading venue
-------------------------------------- -------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Diego De La Vega
-------------------------------------- -------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Supply Chain Director
-------------------------------------- -------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------- -------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: Molecular Energies PLC
-------------------------------------- -------------------------------
b) LEI: 213800MA2ZN22I4ITA79
-------------------------------------- -------------------------------
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 1p each
instrument, type of instrument: ISIN: GB00BMT80K89
Identification code:
-------------------------------------- -------------------------------
b) Nature of the transaction: Exercise of Share Options
-------------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1 pence 12,500
----------
-------------------------------------- -------------------------------
d) Aggregated information: Single transaction as in
* Aggregated volume: 4 c) above
* Price:
-------------------------------------- -------------------------------
e) Date of the transaction: 18 January 2023
-------------------------------------- -------------------------------
f) Place of the transaction: Outside a trading venue
-------------------------------------- -------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Ulises Macagno
-------------------------------------- -------------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a) Position/status: Commercial Director
-------------------------------------- -------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------- -------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name: Molecular Energies PLC
-------------------------------------- -------------------------------
b) LEI: 213800MA2ZN22I4ITA79
-------------------------------------- -------------------------------
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 1p each
instrument, type of instrument: ISIN: GB00BMT80K89
Identification code:
-------------------------------------- -------------------------------
b) Nature of the transaction: Exercise of Share Options
-------------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1 pence 12,500
----------
-------------------------------------- -------------------------------
d) Aggregated information: Single transaction as in
* Aggregated volume: 4 c) above
* Price:
-------------------------------------- -------------------------------
e) Date of the transaction: 18 January 2023
-------------------------------------- -------------------------------
f) Place of the transaction: Outside a trading venue
-------------------------------------- -------------------------------
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END
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