EQTEC PLC Director/PDMR Shareholding (1265Q)
October 13 2023 - 11:28AM
UK Regulatory
TIDMEQT
RNS Number : 1265Q
EQTEC PLC
13 October 2023
13 October 2023
EQTEC plc
("EQTEC", the "Company" or the "Group")
Director Dealing
EQTEC plc (AIM: EQT), a global technology innovator powering
distributed, decarbonised, new energy infrastructure through its
waste-to-value solutions for hydrogen, biofuels, and energy
generation announces that Nauman Babar, Chief Financial Officer,
has today purchased 4,967,056 ordinary shares of EUR0.001 each in
the Company ("Ordinary Shares") for a price of 0.06 pence per
Ordinary Share.
Accordingly, Nauman Babar's total holding in the Company is
5,967,056 Ordinary Shares, representing approximately 0.05 per
cent. of the Company's issued share capital. In addition, Nauman
Babar is interested in, in aggregate, 134,582,716 options to
subscribe for Ordinary Shares in the Company.
ENQUIRIES
EQTEC plc
David Palumbo / Nauman Babar +44 20 3883 7009
Strand Hanson - Nomad & Financial
Adviser
James Harris / Richard Johnson +44 20 7409 3494
----------------------------
Panmure Gordon - Broker
John Prior / Hugh Rich +44 20 7886 2500
----------------------------
Instinctif - Media & investor relations EQTEC@instinctif.com
enquiries +44 791 717 8920 / +44 788
Guy Scarborough / Tim Field 788 4794
----------------------------
About EQTEC plc
As one of the world's most experienced gasification technology
and engineering companies, with a growing track record of
delivering operational and commercial success for transforming
waste-to-energy through best-in-class technology innovation,
engineering and project development, EQTEC brings together design
innovation, project delivery discipline and solid commercial
experience to add momentum to the global energy transition. EQTEC's
proven, proprietary and patented technology is at the centre of
clean energy projects, sourcing local waste, championing local
businesses, creating local jobs and supporting the transition to
localised, decentralised and resilient energy systems.
EQTEC designs, supplies and builds advanced gasification
facilities in the UK, EU and US, with highly efficient equipment
that is modular and scalable from 1MW to 30MW. EQTEC's versatile
solutions process over 50 varieties of feedstock, including
forestry wood waste, vegetation and other agricultural waste from
farmers, industrial waste and sludge from factories and municipal
waste, all with no hazardous or toxic emissions. EQTEC's solutions
produce a pure, high-quality synthesis gas ("syngas") that can be
used for the widest range of applications, including the generation
of electricity and heat, production of synthetic natural gas
(through methanation) or biofuels (through Fischer-Tropsch,
gas-to-liquid processing) and reforming of hydrogen.
EQTEC's technology integration capabilities enable the Group to
lead collaborative ecosystems of qualified partners and to build
sustainable waste reduction and green energy infrastructure around
the world.
The Company is quoted on AIM (ticker: EQT) and the London Stock
Exchange has awarded EQTEC the Green Economy Mark, which recognises
listed companies with 50% or more of revenues from
environmental/green solutions.
Further information on the Company can be found at www.eqtec.com
.
PDMR notification
The notifications below are made in accordance with the
requirements of UK MAR:
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name Nauman Babar
----------------------------------------------------------- ---------------------------------
2. Reason for the Notification
----------------------------------------------------------------------------------------------
a) Position/status CFO
----------------------------------------------------------- ---------------------------------
b) Initial notification/amendment Initial notification
----------------------------------------------------------- ---------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
----------------------------------------------------------------------------------------------
a) Name EQTEC plc
----------------------------------------------------------- ---------------------------------
b) LEI 63540085VSYVDEINJO04
----------------------------------------------------------- ---------------------------------
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 Ordinary Shares of EUR 0.001 each
----------------------------------------------------------- ---------------------------------
Identification code IE00BH3XCL94
----------------------------------------------------------- ---------------------------------
b) Nature of the Transaction Purchase of shares
----------------------------------------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s
0.06p 4,967,056
---------
----------------------------------------------------------- ---------------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
----------------------------------------------------------- ---------------------------------
e) Date of the transaction 13 October 2023
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f) Place of the transaction AIM (LSE)
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END
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