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| Date | 18 Nov 2021 |
| Time | 14:05:56 |
| Category | Director/PDMR dealings |
| ID | 8635S |
18 November 2021
Invinity Energy Systems plc
("Invinity" or the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Invinity Energy Systems plc (AIM:IES), a leading global manufacturer of utility-grade energy storage, confirms the following participation by Directors of the Company in the Placing and Open Offer announced this morning.
|
Director
|
Placing Units |
Initial Placing Shares |
Conditional Placing Shares |
Short-term Warrants |
Long-term Warrants |
|
Mr Lawrence Zulch |
12,000 |
4,169 |
7,831 |
6,000 |
6,000 |
|
Mr Peter Dixon-Clarke |
12,000 |
4,169 |
7,831 |
6,000 |
6,000 |
The issue of the Conditional Placing Shares and Warrants remains subject to Shareholder approval at the Company's General Meeting. The PDMR tables below are therefore for the Initial Placing Shares only. Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the Placing and Open Offer Announcement released at 7:00 a.m. this morning, unless the context requires otherwise.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
|
1 |
Details of the person discharging managerial responsibilities |
|||||
|
a) |
Name |
Lawrence Zulch |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Executive Officer |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Invinity Energy Systems plc |
||||
|
b) |
LEI |
213800N2NKOTYUNRCU14 |
||||
|
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 |
Ordinary shares of €0.50 each |
||||
|
b) |
Identification code of the Financial Instrument |
JE00BLR94N79 |
||||
|
c) |
Nature of the transaction |
Purchase of shares |
||||
|
d) |
Price(s) and volume(s) |
|
||||
|
e) |
Aggregated information: volume, Price |
Aggregated Volume: 4,169 Aggregated Price: GBP 4,169 |
||||
|
f) |
Date of the transaction |
18 November 2021 |
||||
|
g) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
|
1 |
Details of the person discharging managerial responsibilities |
|||||
|
a) |
Name |
Peter Dixon-Clarke |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Invinity Energy Systems plc |
||||
|
b) |
LEI |
213800N2NKOTYUNRCU14 |
||||
|
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 |
Ordinary shares of €0.50 each |
||||
|
b) |
Identification code of the Financial Instrument |
JE00BLR94N79 |
||||
|
c) |
Nature of the transaction |
Purchase of shares |
||||
|
d) |
Price(s) and volume(s) |
|
||||
|
e) |
Aggregated information: volume, Price |
Aggregated Volume: 4,169 Aggregated Price: GBP 4,169 |
||||
|
f) |
Date of the transaction |
18 November 2021 |
||||
|
g) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
Enquiries:
|
Invinity Energy Systems plc |
+44 (0)204 551 0361 |
|
Larry Zulch, Chief Executive Officer |
|
|
Peter Dixon-Clarke, Chief Financial Officer Joe Worthington, Director of Communications Ralph Anderson, Corporate Relations Manager |
|
|
|
|
|
Canaccord Genuity (Nominated Adviser and Joint Broker) |
+44 (0)20 7523 8000 |
|
Henry Fitzgerald-O'Connor / James Asensio |
|
|
VSA Capital (Financial Adviser and Joint Broker) Andrew Monk / Simon Barton |
+44 (0)20 3005 5000
|
|
|
|
|
Hudson Sandler (Financial PR) Nick Lyon / Nick Moore |
+44(0) 207 796 4133 |
Notes to Editors
Invinity Energy Systems plc (AIM:IES) manufactures flow batteries for large-scale, high-throughput energy storage requirements of business, industry and electrical networks.
Invinity's factory-built flow batteries run continually with no degradation for over 25 years, making them suitable for the most demanding applications in renewable energy production. Energy storage systems based on Invinity's batteries are safe, reliable, and economical, and range in size from less than 250 kilowatt-hours to tens of megawatt-hours.
Invinity was created in April 2020 through the merger of two flow battery industry leaders: redT energy plc and Avalon Battery Corporation. With over 10 MWh of systems deployed to date across 40 sites in 14 countries, Invinity is active in all major global energy storage markets and has operations in the UK, Canada, USA, China and South Africa. Invinity Energy Systems plc is listed on the London Stock Exchange.
To find out more, visit invinity.com or call Investor Relations on +44 (0)204 551 0361