RNS Number : 9303O
Earnz PLC
17 May 2024
 

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
John Charlton


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)


Price(s)

Volume(s)

1)

8p

4,000,000

2)

8p

4,000,000

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

N/A

e)

 

Date of the transaction

 

16 May 2024

f)

 

Place of the transaction

AIMX

 

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
 
 
DSHBDLFFZELFBBF