AMTE Power PLC PDMR Dealing and Holding(s) in Company (8656R)
10 November 2021 - 6:00PM
UK Regulatory
TIDMAMTE
RNS Number : 8656R
AMTE Power PLC
10 November 2021
10 November 2021
AMTE Power Plc
PDMR Dealing and Holding(s) in Company
AMTE Power Plc ("AMTE " or the "Company"), a developer and
manufacturer of lithium-ion and sodium-ion battery cells for
specialist markets, has been notified on 8 November 2021 that Adam
Westcott, the Company's Chief Financial Officer and a PDMR (who
will be leaving AMTE on 8 December 2021 and not standing for
re-election to the Board at the Company's Annual General Meeting on
17 November 2021), sold 137,500 ordinary shares in AMTE ("Ordinary
Shares") at a volume-weighted average price of 161.29 pence per
share.
Following this notification, Adam holds 218,588 Ordinary
Shares.
The notifications set out below are provided in accordance with
the requirements of the EU Market Abuse Regulation
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name ADAM WESTCOTT
-------------------------------- --------------------------------
2. Reason for the notification
------------------------------------------------------------------
a) Position / status Chief Financial Officer
-------------------------------- --------------------------------
b) Initial notification Initial notification 08/11/2021
/ amendment
-------------------------------- --------------------------------
3. Details of the issuer , emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------
a) Name AMTE Power plc
-------------------------------- --------------------------------
b) LEI 213800D4QZXUAZR6K870
-------------------------------- --------------------------------
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 Ordinary Shares of GBP0.005
financial instrument,
type of instrument ISIN: GB00BNQRZZ55
Identification Code
-------------------------------- --------------------------------
b) Nature of the transaction(s) Sale of Ordinary Shares
-------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
165p 11,487
----------
-------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume 11,487
165p
* Price
------------------------------------- --------------------------------
e) Date of the transaction 29/10/2021
-------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange AIM
-------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name ADAM WESTCOTT
-------------------------------- --------------------------------
2. Reason for the notification
------------------------------------------------------------------
a) Position / status Chief Financial Officer
-------------------------------- --------------------------------
b) Initial notification Initial notification 08/11/2021
/ amendment
-------------------------------- --------------------------------
3. Details of the issuer , emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------
a) Name AMTE Power plc
-------------------------------- --------------------------------
b) LEI 213800D4QZXUAZR6K870
-------------------------------- --------------------------------
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 Ordinary Shares of GBP0.005
financial instrument,
type of instrument ISIN: GB00BNQRZZ55
Identification Code
-------------------------------- --------------------------------
b) Nature of the transaction(s) Sale of Ordinary Shares
-------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
155p 7,500
159p 18,974
----------
-------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume 26,474
155p - 159p
* Price
------------------------------------- --------------------------------
e) Date of the transaction 02/11/2021
-------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange AIM
-------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name ADAM WESTCOTT
------------------------------- --------------------------------
2. Reason for the notification
-----------------------------------------------------------------
a) Position / status Chief Financial Officer
------------------------------- --------------------------------
b) Initial notification Initial notification 08/11/2021
/ amendment
------------------------------- --------------------------------
3. Details of the issuer , emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------
a) Name AMTE Power plc
------------------------------- --------------------------------
b) LEI 213800D4QZXUAZR6K870
------------------------------- --------------------------------
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 Ordinary Shares of GBP0.005
financial instrument,
type of instrument ISIN: GB00BNQRZZ55
Identification Code
------------------------------- --------------------------------
b) Nature of the transaction(s) Sale of Ordinary Shares
------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
157.6p 5,000
160.67p 56,922
----------
------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume 61,922
157.6p - 160.67p
* Price
------------------------------- --------------------------------
e) Date of the transaction 04/11/2021
------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange AIM
------------------------------- --------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name ADAM WESTCOTT
-------------------------------- --------------------------------
2. Reason for the notification
------------------------------------------------------------------
a) Position / status Chief Financial Officer
-------------------------------- --------------------------------
b) Initial notification Initial notification 08/11/2021
/ amendment
-------------------------------- --------------------------------
3. Details of the issuer , emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------
a) Name AMTE Power plc
-------------------------------- --------------------------------
b) LEI 213800D4QZXUAZR6K870
-------------------------------- --------------------------------
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 Ordinary Shares of GBP0.005
financial instrument,
type of instrument ISIN: GB00BNQRZZ55
Identification Code
-------------------------------- --------------------------------
b) Nature of the transaction(s) Sale of Ordinary Shares
-------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
162p 37,617
----------
-------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume 37,617
162p
* Price
------------------------------------- --------------------------------
e) Date of the transaction 05/11/2021
-------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange AIM
-------------------------------- --------------------------------
For further information contact:
AMTE Power plc Tel: +44 (0)1847 867 200
Kevin Brundish (Chief Executive Officer)
James Hobson (Chief Financial Officer)
WH Ireland Limited (NOMAD and Joint Broker) Tel: +44 (0)207 220 1666
Chris Fielding / Ben Good
SI Capital Limited (Joint Broker) Tel: +44 (0)1483 413 500
Nick Emerson / Nick Briers
Novella Communications Tel: +44 (0)203 151 7008
Tim Robertson / Fergus Young
ABOUT AMTE POWER PLC
AMTE Power was founded in 2013 and is a leading developer and
manufacturer of lithium-ion battery cells for specialist markets.
In March 2021, the Company listed on the AIM market of the London
Stock Exchange, making the Company the only listed UK battery
manufacturer. The Company is focused on launching a series of next
generation battery cells based on new chemistries and cell
structures that are designed to solve key problems in power
delivery, energy performance, and safety. These new products are
targeted at a range of specialist markets including the automotive
industry, oil and gas market and energy storage sector. AMTE's
purpose-built cell manufacturing facility in Thurso, Scotland has
the second largest cell manufacturing capacity in the UK and the
Company also has a product development team based in Oxford. For
further information visit the Company's website:
www.amtepower.com
LEI: 213800D4QZXUAZR6K870
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