Oracle Power PLC Director Share Purchases (6019R)
2022年7月7日 - 3:00PM
ＲＮＳを含む英国規制内ニュース （英語）
TIDMORCP
RNS Number : 6019R
Oracle Power PLC
07 July 2022
7 July 2022
Oracle Power PLC
("Oracle" or the "Company")
Director Share Purchases
Oracle Power PLC (AIM: ORCP), the international natural
resources project developer, is pleased to announce that the
Directors of the Company have purchased ordinary shares in the
Company as part of the MAR compliant Director Share Purchase Plan
("Director Purchase Plan") as previously announced.
The following share purchases were made on 6 July 2022:
DIRECTOR POSITION ORDINARY PRICE PER TOTAL % ISSUED
SHARES PURCHASED ORDINARY BENEFICIAL SHARE CAPITAL
SHARE INTEREST
Non-Executive
Mark Steed Chairman 49,535 0.27 pence 24,522,475 0.847%
--------------- ------------------ ----------- ------------ ---------------
Naheed Memon CEO 434,516 0.27 pence 110,672,591 3.821%
--------------- ------------------ ----------- ------------ ---------------
Non-Executive
Andreas Migge Director 86,903 0.27 pence 9,558,822 0.330%
--------------- ------------------ ----------- ------------ ---------------
Non-Executive
David Hutchins Director 66,046 0.27 pence 520,331 0.018%
--------------- ------------------ ----------- ------------ ---------------
Further details of the Director Purchase Plan can be found in
the Company's announcement of 12 August 2021.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation No. 596/2014, which forms part of
United Kingdom domestic law by virtue of the European Union
(Withdrawal) Act 2018 (as amended).
*ENDS*
For further information on Oracle Power PLC, visit the Company's
website http://www.oraclepower.co.uk or contact:
Oracle Power PLC
Naheed Memon - CEO +44 (0) 203 580 4314
Strand Hanson Limited (Nominated Adviser and Joint Broker)
Rory Murphy, James Harris, Rob Patrick +44 (0) 20 7409 3494
Shard Capital (Joint Broker)
Damon Heath, Isabella Pierre +44 (0) 20 7186 9952
St Brides Partners Limited (Financial PR)
Susie Geliher, Catherine Leftley +44 (0) 20 7236 1177
Details of the full notifications received by the Company are
set out below:
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name 1. Mark Steed
2. Naheed Memon
3. Andreas Migge
4. David Hutchins
-------------------------------- -------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
a. Position/status 1. Non-Executive Chairman
2. CEO
3. Non-Executive Director
4. Non-Executive Director
-------------------------------- -------------------------------------------
b. Initial notification/Amendment Initial Notification
-------------------------------- -------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a. Name Oracle Power PLC
-------------------------------- -------------------------------------------
b. LEI 213800KTG8HX1WBCAA49
-------------------------------- -------------------------------------------
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 GBP0.001
instrument, type of instrument each
Identification code GB00B23JN426
-------------------------------- -------------------------------------------
b. Nature of the transaction Purchase of Ordinary Shares
-------------------------------- -------------------------------------------
c. Price(s) and volume(s) Director Price/share Volume
(s)
1. M Steed 0.27 pence 49,535
------------- --------
2. N Memon 0.27 pence 434,516
------------- --------
3. A Migge 0.27 pence 86,903
------------- --------
4. D Hutchins 0.27 pence 66,046
------------- --------
-------------------------------- -------------------------------------------
d. Aggregated information
* Aggregated volume 637,000
GBP0.0027 per Ordinary Share
* Price
-------------------------------- -------------------------------------------
e. Date of the transactions 6 July 2022
-------------------------------- -------------------------------------------
f. Place of the transactions London Stock Exchange's AIM
Market (XLON)
-------------------------------- -------------------------------------------
About Oracle Power PLC:
Oracle Power PLC is an international natural resource and power
project developer quoted on London's AIM market. The Company
currently has two areas of focus: Western Australia and Pakistan.
In Australia, its primary focus is the Northern Zone Gold Project,
located 25km east of the major gold mining centre of Kalgoorlie,
the home of the 'Super Pit' mine, the second largest gold mine in
Australia. Northern Zone has a current Exploration Target of
200-250Mt at 0.4-0.6g/t Au for between 2.5 - 4.8Moz gold, with
drilling being planned to define a maiden inferred JORC
resource.
The Company is also active in the power industry in Pakistan and
is working to establish a green hydrogen production facility
through Oracle Energy Limited, a joint venture with His Highness
Shaikh Ahmed Dalmook Al Maktoum. The Company's initial project is
the Thar Block VI Project in south-east Pakistan where the Company
is advancing plans for a combined lignite coal mine, a 1,320MW mine
mouth power plant and a proposed coal gasification to urea
project.
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END
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July 07, 2022 02:00 ET (06:00 GMT)
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