Good Energy Group PLC Director dealing and clarification of holding (1690N)
21 October 2016 - 7:40PM
UK Regulatory
TIDMGOOD
RNS Number : 1690N
Good Energy Group PLC
21 October 2016
21 October 2016
Good Energy Group PLC
("Good Energy" or "the Company")
Director dealing and clarification regarding Director's
holding
Good Energy announces that on 20th October 2016, Shire Oak
Energy Limited, a company wholly owned by Mark Shorrock, husband of
Juliet Davenport, Chief Executive Officer of the Company, sold its
entire holding of 25,000 ordinary shares of 5p each (the "Ordinary
Shares") in the Company (the "Share Sale") at a price of 260p per
share.
In preparing this RNS it has come to light that Good Energy did
not previously include the shares held by Shire Oak Energy Limited
or Mark Shorrock's personal holding of 43,000 Ordinary Shares in
the Company, in Ms. Davenport's holding.
Part of Mark Shorrock's personal holding in the Company was
acquired prior to the Company being admitted to trading on AIM,
therefore Ms. Davenport's holding was understated by 3,000 shares
in the Admission Document (dated 25th July 2012). The balance of
40,000 Ordinary Shares held by Mark Shorrock was subscribed for
through the Open Offer on 31(st) July 2013.
Following the Share Sale, the Company can confirm that Ms.
Davenport's holding is 637,086 Ordinary Shares representing 3.9 per
cent. of the present issued share capital of the Company. This
figure is 43,000 Ordinary Shares higher than that which has been
previously disclosed.
For further information, please contact:
Arden Partners plc (Nomad)
Steve Douglas
Patrick Caulfield 0121 423 8900
Camarco (Financial PR Adviser)
Geoffrey Pelham-Lane
Georgia Mann 020 3757 4980
Good Energy Press Office
Luke Bigwood 01249 478 358
Notes to editors
Good Energy is a fast-growing 100% renewable electricity and
green gas company, offering award-winning customer service.
An AIM-listed PLC, and founder member of the Social Stock
Exchange, its mission is to support change in the energy market,
address climate change and boost energy security.
The company has consistently performed well in the annual Which?
energy company customer satisfaction survey, winning first or
second place in each of the last five years.
It now has 72,500 renewable electricity customers and 43,000 gas
customers. It also provides Feed-in Tariff administrative services
to 124,500 sites. (All figures as at 30 June 2016.)
Good Energy is the owner of Delabole Wind Farm, the UK's first
commercial wind farm, and owns and operates Hampole Wind Farm, near
Doncaster. The company also owns and operates seven solar
farms.
Good Energy has won a number of awards including Renewable
Energy Association Company of the Year Award 2016, BusinessGreen
Company of the Year Award 2015, and, was named Social Impact
Company of the Year at the 2014 and 2015 Small Cap awards.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------
a) Name Juliet Davenport
--- ------------------------- -----------------------------
2 Reason for the notification
--- --------------------------------------------------------
a) Position/status Director
--- ------------------------- -----------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -----------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------
a) Name Good Energy Group PLC
--- ------------------------- -----------------------------
b) LEI
--- ------------------------- -----------------------------
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 Ordinary shares of 5p each
the financial
instrument, type
of instrument ISIN : GB0033600353
Identification
code
--- ------------------------- -----------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
260p 25,000
--------- ----------
--- ------------------------- -----------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 20 October 2016
--- ------------------------- -----------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- ------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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