TIDMORCP

RNS Number : 0616K

Oracle Power PLC

16 December 2022

16 December 2022

Oracle Power PLC

("Oracle" or the "Company")

Former Director Dealings

Oracle Power (AIM: ORCP) has recently become aware of certain dealings in ordinary shares of Oracle by former non-executive director, Andreas Migge , in December 2019 and February 2020 as follows:

 
 DATE       ORDINARY       PRICE PER 
             SHARES SOLD    ORDINARY 
                            SHARE 
 24/12/19   2,000,000      1.11 pence 
           -------------  ----------- 
 31/12/19   2,000,000      1.05 pence 
           -------------  ----------- 
 19/02/20   1,000,000      1.10 pence 
           -------------  ----------- 
 19/02/20   3,000,000      1.20 pence 
           -------------  ----------- 
 20/02/20   800,000        1.0 pence 
           -------------  -----------

These dealings were not previously known to the board of Oracle and the Company is investigating them in order to establish Mr Migge's current shareholding and will make a further announcement in due course.

*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 Broker)

Rory Murphy, Matthew Chandler, Rob Patrick +44 (0) 20 7409 3494

Buchanan (Financial PR)

Bobby Morse/ Oonagh Reidy/Abigail Gilchrist +44 (0) 203 7466 5000

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END

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(END) Dow Jones Newswires

December 16, 2022 11:57 ET (16:57 GMT)

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