TIDMOPG

RNS Number : 8317R

OPG Power Ventures plc

10 March 2021

10 March 2021

OPG Power Ventures plc

("OPG" or the "Company")

Director/PDMR Shareholding

OPG (AIM: OPG), the developer and operator of power generation plants in India, announces that a company controlled by Gupta's family has sold 300,000 shares at 17.05 pence per share and another company controlled by Gupta's family has purchased 300,000 shares at 17.25 pence per share. As a result of these transactions the Gupta family's shareholding in OPG remained unchanged at 206,642,166 ordinary shares (51.57% of total issued OPG's share capital).

For further information, please visit www.opgpower.com or contact:

 
                                             +44 (0) 78 2734 
   OPG Power Ventures PLC                          1323 
 Dmitri Tsvetkov 
 
 Cenkos Securities plc (Nominated Adviser    +44 (0) 20 7397 
  & Broker)                                        8900 
 Russell Cook / Katy Birkin 
 
                                             +44 (0) 20 7920 
 Tavistock (Financial PR)                          3150 
 Simon Hudson / Nick Elwes 
 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

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                               Mr Arvind Gupta, PCA 
                                           with Dhanvarsha Enterprises 
                                           and Investments Private 
                                           Limited 
      ---------------------------------  -------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------- 
 a)    Position/status                    Chairman 
      ---------------------------------  -------------------------------- 
 b)    Initial notification/Amendment     Initial Notification 
      ---------------------------------  -------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, 
        auctioneer or auction monitor 
      ------------------------------------------------------------------- 
 a)    Name                               OPG Power Ventures 
                                           PLC 
      ---------------------------------  -------------------------------- 
 b)    LEI                                213800MLM7O87QIGIK85 
      ---------------------------------  -------------------------------- 
 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       Ordinary shares of 
        instrument, type of instrument     0.0147p each 
      ---------------------------------  -------------------------------- 
       Identification code                IM00B2R3RX72 
      ---------------------------------  -------------------------------- 
 b)    Nature of the transaction          Sale of Ordinary Shares 
      ---------------------------------  -------------------------------- 
 c)    Price(s) and volumes(s)               Price(s)         Volume(s) 
      ---------------------------------  ----------------  -------------- 
                         GBP0.1705                             300,000 
  -------------------------------------------------------  -------------- 
 d)    Aggregated information             N/A single transaction 
      ---------------------------------  -------------------------------- 
  Aggregated volume                  N/A single transaction 
 ---------------------------------  ------------------------------------- 
  Price                              N/A single transaction 
 ---------------------------------  ------------------------------------- 
 e)    Date of the transaction            4 March 2021 
      ---------------------------------  -------------------------------- 
 f)    Place of the transaction           AIMX 
      ---------------------------------  -------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
 a)    Name                               Ms Avantika Gupta, 
                                           PCA with Gleneagle 
                                           Trading FZE 
      ---------------------------------  -------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------- 
 a)    Position/status                    Director 
      ---------------------------------  -------------------------- 
 b)    Initial notification/Amendment     Initial Notification 
      ---------------------------------  -------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, 
        auctioneer or auction monitor 
      ------------------------------------------------------------- 
 a)    Name                               OPG Power Ventures 
                                           PLC 
      ---------------------------------  -------------------------- 
 b)    LEI                                213800MLM7O87QIGIK85 
      ---------------------------------  -------------------------- 
 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       Ordinary shares of 
        instrument, type of instrument     0.0147p each 
      ---------------------------------  -------------------------- 
       Identification code                IM00B2R3RX72 
      ---------------------------------  -------------------------- 
 b)    Nature of the transaction          Purchase of Ordinary 
                                           Shares 
      ---------------------------------  -------------------------- 
 c)    Price(s) and volumes(s)              Price(s)     Volume(s) 
      ---------------------------------  -------------  ----------- 
                        GBP0.1725                         300,000 
  ----------------------------------------------------  ----------- 
 d)    Aggregated information             N/A single transaction 
      ---------------------------------  -------------------------- 
  Aggregated volume                  N/A single transaction 
 ---------------------------------  ------------------------------- 
  Price                              N/A single transaction 
 ---------------------------------  ------------------------------- 
 e)    Date of the transaction            8 March 2021 
      ---------------------------------  -------------------------- 
 f)    Place of the transaction           AIMX 
      ---------------------------------  -------------------------- 
 

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March 10, 2021 08:41 ET (13:41 GMT)

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