For immediate release
17 May 2024
EARNZ plc
("EARNZ" or the "Company")
Director / PDMR Shareholdings
EARNZ (AIM: EARN), an AIM Rule 15 cash shell which is seeking acquisitions in the energy services sector, announces that it was informed on 17 May 2024, that on 16 May 2024, Bob Holt, Executive Chairman, sold 4,000,000 ordinary shares of 4 pence each in the capital of the Company ("Ordinary Shares") at a price of 8 pence per share from his personal holding and subsequently purchased 4,000,000 Ordinary Shares at a price of 8 pence per share into his SSAS. Consequently, Bob Holt and his PCAs' interest remains at 4,799,999 Ordinary Shares (which includes 133,333 Ordinary Shares held by his spouse) representing approximately 7.63% of the Company's issued share capital.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail on the above transaction.
Enquiries:
| EARNZ plc | +44 (0) 7778 798 816 |
| Bob Holt | |
| Shore Capital - Nominated Adviser and Joint Broker | +44 (0) 20 7408 4090 |
| Tom Griffiths / Tom Knibbs / Lucy Bowden | |
| WH Ireland Limited - Joint Broker | +44 (0) 20 7220 1666 |
| Hugh Morgan / Antonio Bossi / Andrew de Andrade | |
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
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
| Bob Holt | |||||||||
| 2
| Reason for the notification
| ||||||||||
| a)
| Position/status
| Chairman | |||||||||
| b)
| Initial notification /Amendment
| Initial notification | |||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
| a)
| Name
| EARNZ plc | |||||||||
| b)
| LEI
| 213800YWMHGTNXCWZC33 | |||||||||
| 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
Identification code
| Ordinary shares of 4 pence each ISIN: GB00BRC2TB67 | |||||||||
| b)
| Nature of the transaction
| 1) Sale of Ordinary Shares from personal holding 2) Purchase of Ordinary Shares into Bob Holt's SSAS
| |||||||||
| c)
| Price(s) and volume(s) |
| |||||||||
| d)
| Aggregated information
- Aggregated volume
- Price |
N/A | |||||||||
| e)
| Date of the transaction
| 16 May 2024 | |||||||||
| f)
| Place of the transaction | AIMX | |||||||||
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