Aggregated Micro Power Holdings PLC Director/PDMR Shareholdings (6339J)
30 June 2017 - 1:00AM
UK Regulatory
TIDMAMPH
RNS Number : 6339J
Aggregated Micro Power Holdings PLC
29 June 2017
Aggregated Micro Power Holdings plc
("AMP", the "AMP Group" or the "Company")
Director/PDMR Shareholdings
Aggregated Micro Power Holdings plc (AIM: AMPH), a distributed
energy company specialising in the sale of wood fuels and the
financing and installation of distributed energy projects including
biomass boiler ESCOs (Energy Supply Contracts), stand by power
generation and battery storage facilities, announces that the
Company's Remuneration Committee ("RemCo") has decided to extend
the exercise period for the following options over ordinary shares
of 1 pence each in the capital of the Company ("Ordinary Shares"),
previously granted to persons discharging managerial
responsibilities ("PDMR's") of the Company:
- a total of 4,999,999 options over Ordinary Shares ("Deferred
Consideration Options") granted to Neil Eckert (Executive
Chairman); Mathieson Capital LLP (an entity controlled by Richard
Burrell (Chief Executive Officer)); and Peter Solly (Managing
Director, Forest Fuels) as part of the deferred consideration due
to them in relation to the acquisitions by the Company of AMP
Energy Services Limited; Mathieson Biomass Limited; and Forest
Fuels Holdings Ltd respectively; and
- 250,000 options over Ordinary Shares ("TSR Options") granted
to Mark Tarry (Chief Financial Officer).
The exercise period of the Deferred Consideration Options and
the TSR Options has been extended from 31 December 2017 to 31
December 2020. All other terms, performance and vesting criteria of
the Deferred Consideration Options and the TSR Options remain the
same.
The RemCo has also granted a total of 518,603 new options over
Ordinary Shares ("New Options") to Neil Eckert, Richard Burrell,
Mark Tarry and other employees of the Company. The New Options
expire on 31 December 2020 and are subject to the same performance
and vesting criteria as the Deferred Consideration Options and the
TSR Options.
Further information is set out in the PDMR disclosure tables
below.
Contacts
Aggregated Micro Power Holdings plc 020 7382 7800
Neil Eckert, Executive Chairman
Richard Burrell, CEO
Helene Crook, Investor Relations
Haggie Partners 020 7562 4444
Peter Rigby / Brian Norris
finnCap Ltd 020 7220 0500
Ed Frisby/Simon Hicks (Corporate Finance)
Stephen Norcross / Sultan Awan (Corporate Broking)
About Aggregated Micro Power Holdings plc
The AMP Group was established to develop, own and operate
renewable energy generating facilities. It specialises in the sale
of wood fuels and in the installation of distributed energy
projects. AMP's wholly owned subsidiary Forest Fuels sells high
quality wood chip and wood pellet to end customers throughout the
UK, while its projects division installs biomass boiler and biomass
CHP systems for a wide range of applications and customers. AMP is
also active in developing projects for stand-by power generation
and battery storage facilities which aim to balance the
transmission grid at times of peak demand.
www.ampplc.co.uk
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
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 Neil Eckert (Executive Chairman)
--- ------------------------- ----------------------------------------------------------
2. Reason for the Notification
--- -------------------------------------------------------------------------------------
a) Position/status See 1(a) above -classified
as a PDMR of the Company
--- ------------------------- ----------------------------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ----------------------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------------------------
a) Name Aggregated Micro Power Holdings
plc
--- ------------------------- ----------------------------------------------------------
b) LEI n/a
--- ------------------------- ----------------------------------------------------------
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 Options over ordinary shares
the Financial of 0.5 pence each ("Ordinary
instrument, type Shares")
of instrument
---
Identification GB00BC4F3V69
code
--- ------------------------- ----------------------------------------------------------
b) Nature of the
transaction * Extension of option exercise period to 31 December
2020
* Grant of options over Ordinary Shares
--- ------------------------- ----------------------------------------------------------
c) Price(s) and
volume(s) * Extension of options over Ordinary Shares:
Price(s) Volume(s)
---------- ----------
n/a 2,666,666
---------- ----------
* Grant of options over Ordinary Shares:
Price(s) Volume(s)
-------------- ----------
107.50 pence 232,557
-------------- ----------
--- ------------------------- ----------------------------------------------------------
d) Aggregated information: See (c) above
* Aggregated volume
* Price
--- ------------------------- ----------------------------------------------------------
e) Date of the transaction 29 June 2017
--- ------------------------- ----------------------------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------- ----------------------------------------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------------------------------
a) Name Richard Burrell (Chief Executive
Officer) and Mathieson Capital
LLP, an entity controlled
by Richard Burrell
--- ------------------------- ----------------------------------------------------------
2. Reason for the Notification
--- -------------------------------------------------------------------------------------
a) Position/status See 1(a) above -classified
as a PDMR of the Company
--- ------------------------- ----------------------------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ----------------------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------------------------
a) Name Aggregated Micro Power Holdings
plc
--- ------------------------- ----------------------------------------------------------
b) LEI n/a
--- ------------------------- ----------------------------------------------------------
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 Options over ordinary shares
the Financial of 0.5 pence each ("Ordinary
instrument, type Shares")
of instrument
---
Identification GB00BC4F3V69
code
--- ------------------------- ----------------------------------------------------------
b) Nature of the
transaction * Extension of option exercise period to 31 December
2020
* Grant of options over Ordinary Shares
--- ------------------------- ----------------------------------------------------------
c) Price(s) and
volume(s) * Extension of options over Ordinary Shares:
Price(s) Volume(s)
---------- ----------
n/a 1,333,333
---------- ----------
* Grant of options over Ordinary Shares:
Price(s) Volume(s)
-------------- ----------
107.50 pence 232,558
-------------- ----------
--- ------------------------- ----------------------------------------------------------
d) Aggregated information: See (c) above
* Aggregated volume
* Price
--- ------------------------- ----------------------------------------------------------
e) Date of the transaction 29 June 2017
--- ------------------------- ----------------------------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------- ----------------------------------------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------------------------------
a) Name Peter Solly (Managing Director,
Forest Fuels)
--- ------------------------- ----------------------------------------------------------
2. Reason for the Notification
--- -------------------------------------------------------------------------------------
a) Position/status See 1(a) above -classified
as a PDMR of the Company
--- ------------------------- ----------------------------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ----------------------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------------------------
a) Name Aggregated Micro Power Holdings
plc
--- ------------------------- ----------------------------------------------------------
b) LEI n/a
--- ------------------------- ----------------------------------------------------------
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 Options over ordinary shares
the Financial of 0.5 pence each ("Ordinary
instrument, type Shares")
of instrument
---
Identification GB00BC4F3V69
code
--- ------------------------- ----------------------------------------------------------
b) Nature of the
transaction * Extension of option exercise period to 31 December
2020
--- ------------------------- ----------------------------------------------------------
c) Price(s) and
volume(s) * Extension of options over Ordinary Shares:
Price(s) Volume(s)
---------- ----------
n/a 1,000,000
---------- ----------
--- ------------------------- ----------------------------------------------------------
d) Aggregated information: See (c) above
* Aggregated volume
* Price
--- ------------------------- ----------------------------------------------------------
e) Date of the transaction 29 June 2017
--- ------------------------- ----------------------------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------- ----------------------------------------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------------------------------
a) Name Mark Tarry (Chief Financial
Officer)
--- ------------------------- ----------------------------------------------------------
2. Reason for the Notification
--- -------------------------------------------------------------------------------------
a) Position/status See 1(a) above -classified
as a PDMR of the Company
--- ------------------------- ----------------------------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ----------------------------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------------------------------
a) Name Aggregated Micro Power Holdings
plc
--- ------------------------- ----------------------------------------------------------
b) LEI n/a
--- ------------------------- ----------------------------------------------------------
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 Options over ordinary shares
the Financial of 0.5 pence each ("Ordinary
instrument, type Shares")
of instrument
---
Identification GB00BC4F3V69
code
--- ------------------------- ----------------------------------------------------------
b) Nature of the
transaction * Extension of option exercise period to 31 December
2020
* Grant of options over Ordinary Shares
--- ------------------------- ----------------------------------------------------------
c) Price(s) and
volume(s) * Extension of options over Ordinary Shares:
Price(s) Volume(s)
----------- ----------
100 pence 125,000
----------- ----------
54 pence 125,000
----------- ----------
* Grant of options over Ordinary Shares:
Price(s) Volume(s)
-------------- ----------
107.50 pence 53,487
-------------- ----------
--- ------------------------- ----------------------------------------------------------
d) Aggregated information: See (c) above
* Aggregated volume
* Price
--- ------------------------- ----------------------------------------------------------
e) Date of the transaction 29 June 2017
--- ------------------------- ----------------------------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------- ----------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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