Invinity Energy Systems PLC Director/PDMR Shareholding (2669T)
March 16 2023 - 10:23AM
UK Regulatory
TIDMIES
RNS Number : 2669T
Invinity Energy Systems PLC
16 March 2023
16 March 2023
Invinity Energy Systems plc
("Invinity" or the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX:
IESVF), a leading global manufacturer of utility-grade energy
storage , announces that it has received notification from Mr
Jonathan Marren, Chief Development Officer, being a person
discharging managerial responsibility in the Company, of the
purchase of shares following the closing of the Open Offer, as
announced on 15 March 2023, set out in the notification of dealing
form below.
Following the completion of this purchase of shares, his
ultimate beneficial ownership is now 280,000 shares representing
0.15% of the Company's total voting rights.
1 Details of the person discharging managerial responsibilities
a) Name Jonathan Marren
--------------------------- -------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Chief Development Officer, Interim CFO
--------------------------- -------------------------------------------
b) Initial notification/ Initial notification
Amendment
--------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Invinity Energy Systems plc
--------------------------- -------------------------------------------
b) LEI 213800N2NKOTYUNRCU14
--------------------------- -------------------------------------------
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 EUR0.01 each
the financial
instrument
--------------------------- -------------------------------------------
b) Identification JE00BLR94N79
code of the Financial
Instrument
--------------------------- -------------------------------------------
c) Nature of the Purchase of shares
transaction
--------------------------- -------------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) GBP 0.32 80,023
----------
--------------------------- -------------------------------------------
e) Aggregated information: Aggregated Volume: 80,023
volume, Price Aggregated Price: GBP 25,607.36
--------------------------- -------------------------------------------
f) Date of the transaction 15 March 2023
--------------------------- -------------------------------------------
g) Place of the London Stock Exchange (XLON)
transaction
--------------------------- -------------------------------------------
Enquiries :
Invinity Energy Systems plc +44 (0)20 4551 0361
Jonathan Marren, Chief Development Officer and
Interim CFO
Joe Worthington, Director of Communications
Canaccord Genuity (Nominated Adviser and Joint +44 (0) 20 7523
Broker) 8000
Henry Fitzgerald-O'Connor / Harry Pardoe / Gordon
Hamilton
VSA Capital (Financial Adviser and Joint Broker) +44 (0)20 3005 5000
Andrew Monk / Simon Barton
EAS Advisors LLC (US Corporate Advisor) +1 (646) 495 2225
Matthew Bonner / Chris Chesworth
Notes to Editors
Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX:
IESVF) manufactures vanadium flow batteries for large-scale,
high-throughput energy storage requirements of business, industry
and electrical networks.
Invinity's factory-built flow batteries run continually with no
degradation for over 25 years, making them suitable for the most
demanding applications in renewable energy production. Energy
storage systems based on Invinity's batteries are safe, reliable,
and economical, and range in size from less than 250 kilowatt-hours
to tens of megawatt-hours.
Invinity was created in April 2020 through the merger of two
flow battery industry leaders: redT energy plc and Avalon Battery
Corporation. With over 65 MWh of systems already deployed or
contracted for delivery across over 70 sites in 15 countries,
Invinity is active in all major global energy storage markets and
has operations in the UK, Canada, USA, China and Australia.
Invinity Energy Systems plc is listed in the UK on AIM and AQSE and
trades in the USA on OTCQX.
To find out more, visit invinity.com or call Investor Relations
on +44 (0)204 551 0361.
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END
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