TIDMEQT

RNS Number : 4080O

EQTEC PLC

02 October 2023

02 October 2023

EQTEC plc

("EQTEC", the "Company" or the "Group")

Director Dealing

EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels, and energy generation announces that Jeffrey Vander Linden, Chief Operating Officer, has today purchased 6,673,864 ordinary shares of EUR0.001 each in the Company ("Ordinary Shares") for a price of 0.074 pence per Ordinary Share.

Accordingly, Jeffrey Vander Linden's total holding in the Company is 28,234,778 Ordinary Shares, representing approximately 0.24% per cent. of the Company's issued share capital. In addition, Jeffrey Vander Linden is interested in, in aggregate, 176,931,818 options to subscribe for Ordinary Shares in the Company.

ENQUIRIES

 
 EQTEC plc 
  David Palumbo / Nauman Babar              +44 20 3883 7009 
 Strand Hanson - Nomad & Financial 
  Adviser 
  James Harris / Richard Johnson            +44 20 7409 3494 
 Panmure Gordon - Broker 
  John Prior / Hugh Rich                    +44 20 7886 2500 
 Instinctif - Media & investor relations    EQTEC@instinctif.com 
  enquiries                                  +44 791 717 8920 / +44 788 
  Guy Scarborough / Tim Field                788 4794

About EQTEC plc

As one of the world's most experienced gasification technology and engineering companies, with a growing track record of delivering operational and commercial success for transforming waste-to-energy through best-in-class technology innovation, engineering and project development, EQTEC brings together design innovation, project delivery discipline and solid commercial experience to add momentum to the global energy transition. EQTEC's proven, proprietary and patented technology is at the centre of clean energy projects, sourcing local waste, championing local businesses, creating local jobs and supporting the transition to localised, decentralised and resilient energy systems.

EQTEC designs, supplies and builds advanced gasification facilities in the UK, EU and US, with highly efficient equipment that is modular and scalable from 1MW to 30MW. EQTEC's versatile solutions process over 50 varieties of feedstock, including forestry wood waste, vegetation and other agricultural waste from farmers, industrial waste and sludge from factories and municipal waste, all with no hazardous or toxic emissions. EQTEC's solutions produce a pure, high-quality synthesis gas ("syngas") that can be used for the widest range of applications, including the generation of electricity and heat, production of synthetic natural gas (through methanation) or biofuels (through Fischer-Tropsch, gas-to-liquid processing) and reforming of hydrogen.

EQTEC's technology integration capabilities enable the Group to lead collaborative ecosystems of qualified partners and to build sustainable waste reduction and green energy infrastructure around the world.

The Company is quoted on AIM (ticker: EQT) and the London Stock Exchange has awarded EQTEC the Green Economy Mark, which recognises listed companies with 50% or more of revenues from environmental/green solutions.

Further information on the Company can be found at www.eqtec.com .

PDMR notification

The notifications below are made in accordance with the requirements of UK MAR:

 
     Details of the person discharging managerial responsibilities 
 1.   / person closely associated 
a)   Name                             Jeffrey Vander Linden 
     -------------------------------  --------------------------------- 
     Reason for the Notification 
 2. 
     ------------------------------------------------------------------ 
a)   Position/status                  COO 
     -------------------------------  --------------------------------- 
b)   Initial notification/amendment   Initial notification 
     -------------------------------  --------------------------------- 
     Details of the issuer, emission allowance market participant, 
 3.   auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------ 
a)   Name                             EQTEC plc 
     -------------------------------  --------------------------------- 
b)   LEI                              63540085VSYVDEINJO04 
     -------------------------------  --------------------------------- 
     Details of the transaction(s): section to be repeated for 
 4.   (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 EUR 0.001 each 
      instrument, type of instrument 
     -------------------------------  --------------------------------- 
     Identification code              IE00BH3XCL94 
     -------------------------------  --------------------------------- 
b)   Nature of the Transaction        Purchase of shares 
     -------------------------------  --------------------------------- 
c)   Price(s) and volume(s)           Price(s)  Volume(s) 
                                       0.074 p   6,673,864 
                                                 --------- 
     -------------------------------  --------------------------------- 
d)   Aggregated information           N/A (Single transaction) 
      Aggregated volume Price 
     -------------------------------  --------------------------------- 
e)   Date of the transaction          02 October 2023 
     -------------------------------  --------------------------------- 
f)   Place of the transaction         AIM (LSE) 
     -------------------------------  ---------------------------------

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END

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October 02, 2023 09:25 ET (13:25 GMT)

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