TIDMOPG

RNS Number : 3571D

OPG Power Ventures plc

28 June 2021

28 June 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 two companies controlled by Gupta's family has sold 60,000 shares at 14.09 pence per share and another company controlled by Gupta's family has purchased 60,000 shares at 14.00 pence per share. As a result of these transactions the Gupta family's shareholding in OPG remains unchanged at 206,432,166 ordinary shares (representing 51.51% of OPG's total issued 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 
 Stephen Keys / 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 Goodfaith Vinimay 
                                                 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                       Ordinary shares of 0.0147p each 
        financial instrument, 
        type of instrument 
      ---------------------------------------  ----------------------------------------------- 
       Identification code                      IM00B2R3RX72 
      ---------------------------------------  ----------------------------------------------- 
 b)    Nature of the transaction                Sale of Ordinary Shares 
      ---------------------------------------  ----------------------------------------------- 
 c)    Price(s) and volumes(s)                         Price(s)                Volume(s) 
      ---------------------------------------  -----------------------  ---------------------- 
                                GBP0.1409                                       30,000 
  --------------------------------------------------------------------  ---------------------- 
 d)    Aggregated information                   N/A single transaction 
      ---------------------------------------  ----------------------------------------------- 
  Aggregated volume                        N/A single transaction 
 ---------------------------------------  ---------------------------------------------------- 
  Price                                    N/A single transaction 
 ---------------------------------------  ---------------------------------------------------- 
 e)    Date of the transaction                  22 June 2021 
      ---------------------------------------  ----------------------------------------------- 
 f)    Place of the transaction                 AIMX 
      ---------------------------------------  ----------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                              Mr Arvind Gupta, PCA with Sri Hari Vallabhaa 
                                          Enterprises & 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                Ordinary shares of 0.0147p each 
        financial instrument, 
        type of instrument 
      --------------------------------  ------------------------------------------------- 
       Identification code               IM00B2R3RX72 
      --------------------------------  ------------------------------------------------- 
 b)    Nature of the transaction         Sale of Ordinary Shares 
      --------------------------------  ------------------------------------------------- 
 c)    Price(s) and volumes(s)             Price(s)                 Volume(s) 
      --------------------------------  -------------  ---------------------------------- 
                       GBP0.1409                                     30,000 
  -------------                                        ---------------------------------- 
 d)    Aggregated information            N/A single transaction 
      --------------------------------  ------------------------------------------------- 
  Aggregated volume                 N/A single transaction 
 --------------------------------  ------------------------------------------------------ 
  Price                             N/A single transaction 
 --------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction           22 June 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                Ordinary shares of 0.0147p each 
        financial instrument, 
        type of instrument 
      --------------------------------  ------------------------------------------------- 
  Identification code               IM00B2R3RX72 
 --------------------------------  ------------------------------------------------------ 
 b)    Nature of the transaction         Purchase of Ordinary Shares 
      --------------------------------  ------------------------------------------------- 
 c)    Price(s) and volumes(s)            Price(s)                 Volume(s) 
      --------------------------------  ------------  ----------------------------------- 
     GBP0.14                                      60,000 
  ------------  ------------------------------------------------------------------------- 
 d)    Aggregated information            N/A single transaction 
      --------------------------------  ------------------------------------------------- 
  Aggregated volume                 N/A single transaction 
 --------------------------------  ------------------------------------------------------ 
  Price                             N/A single transaction 
 --------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction           22 June 2021 
      --------------------------------  ------------------------------------------------- 
 f)    Place of the transaction          AIMX 
      --------------------------------  ------------------------------------------------- 
 
 

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June 28, 2021 08:35 ET (12:35 GMT)

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