RNS Number : 0481U
Eneraqua Technologies PLC
21 November 2023
 

21 November 2023

Eneraqua Technologies plc

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

 

Director / PDMR Shareholding

 

Eneraqua Technologies plc, a provider of specialist energy and water efficiency solutions, announces that it was informed on 20 November 2023 that Mitesh Dhanak, CEO, acquired ordinary shares in the Company of 0.1p each ("Ordinary Shares") (the "Purchase").

Mitesh Dhanak, purchased in aggregate 320,000 Ordinary Shares. Following the purchase Mitesh Dhanak, and certain parties closely associated with him, is interested in 6,137,327 Ordinary Shares, representing approximately 18.47 per cent. of the Company's issued share capital.

 

For further information please contact:

 

Eneraqua Technologies plc

Mitesh Dhanak, Chief Executive Officer

Iain Richardson, Chief Financial Officer

 

 

Via Alma

 

 

Liberum (Nomad and Joint Broker)

Edward Mansfield

Benjamin Cryer

 

Tel: 0203 100 2000

 

Singer Capital Markets (Joint Broker)

Sandy Fraser

Justin McKeegan

Asha Chotai

 

Tel: 020 7496 3000

 

Alma Strategic Communications

Justine James

Sam Modlin

Will Ellis Hancock

 

Tel: 020 3405 0205

eneraqua@almastrategic.com

 

 

 

Notes to editors

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group has two divisions energy and water. Energy is the larger division, 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.

 

The water division is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes.

 

The activities in both divisions 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 based in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 168 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

 

 

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

 

 

Mitesh Dhanak

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

 

 

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

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




40.1

320,000







d)

 

Aggregated information




- Aggregated volume

As in 4.c) above



- Price




e)

 

Date of the transaction

 

 

20/11/2023

f)

 

Place of the transaction

 

 

AIM

 

 

 

 

 

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