28 July 2023
OPG Power Ventures plc
("OPG" or the "Company")
Director/PDMR Shareholding
OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that Gleneagle Trading FZC, a subsidiary of Gita Investments Limited, a company controlled by the Gupta family purchased 25,000 ordinary shares on 26 July 2023 at 8.7 pence per share and 50,000 ordinary shares on 27 July 2023 at 9.0 pence per share. Following these transactions, the Gupta family holds 206,507,166 ordinary shares representing 51.53 % of the Company's issued share capital.
For further information, please visit www.opgpower.com or contact:
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OPG Power Ventures PLC | Via Tavistock below |
| Ajit Pratap Singh | |
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| Cenkos Securities plc (Nominated Adviser & Broker) | +44 (0) 20 7397 8900 |
| Stephen Keys/Katy Birkin | |
| | |
| Tavistock (Financial PR) | +44 (0) 20 7920 3150 |
| Simon Hudson / Nick Elwes |
The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:
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 | Ms Avantika Gupta, PCA of Gleneagle Trading FZE | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director | |
| b) | Initial notification/Amendment | Initial Notification | |
| 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 financial instrument, type of instrument | Ordinary shares of 0.0147p each | |
| | Identification code | IM00B2R3RX72 | |
| b) | Nature of the transaction | Purchase of Ordinary Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| | £0.087 | 25,000 | |
| | £0.090 | 50,000 | |
| d) | Aggregated information | | |
| | Aggregated volume | 75,000 | |
| | Price | As indicated above | |
| e) | Date of the transaction | 25,000 shares were purchased on 26.07.2023 and 50,000 shares were purchased on 27.07.2023 | |
| f) | Place of the transaction | AIMX | |
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