Velocys PLC Director/PDMR Shareholding (8847S)
July 19 2022 - 1:00AM
UK Regulatory
TIDMVLS
RNS Number : 8847S
Velocys PLC
19 July 2022
19 July 2022
Velocys plc
("Velocys" or the "Company")
Director's Shareholding
Velocys plc (VLS.L), the sustainable fuels technology company,
announces that the following director has purchased Ordinary Shares
of 1 penny each in the Company ("Shares"). Details of the purchase
and resultant holding are as follows:
Director Date of Number Purchase Total % ISC held
purchase of Shares price Shares following
purchased held purchase
Philip Sanderson
(Chief Financial 18 July
Officer) 2022 200,000 4.3 pence 200,000 0.01%
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 Philip Thomas Edward Sanderson
------------------------- ----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Velocys plc
------------------------- ----------------------------------------
b) LEI 549300KGMQV70HA5Y715
------------------------- ----------------------------------------
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 Ordinary Shares of 1 penny each
of the financial
instrument,
type of instrument ISIN: GB00B11SZ269
Identification
code
------------------------- ----------------------------------------
b) Nature of Purchase of shares
the transaction
------------------------- ----------------------------------------
c) Price(s) and Price No. of shares
volume(s) 4.3 pence 200,000
--------------
------------------------- ----------------------------------------
d) Aggregated
information
- Aggregated Volume: 200,000
volume Price: 4.3 Pence
- Price
------------------------- ----------------------------------------
e) Date of the 18 July 2022
transaction
------------------------- ----------------------------------------
f) Place of the London Stock Exchange
transaction
------------------------- ----------------------------------------
For further information, please contact: Velocys
Henrik Wareborn, CEO
Philip Sanderson, CFO
Lak Siriwardene, Director of Communications & Sustainability +44 1865 800821
Panmure Gordon (UK) Limited (Nomad and Joint Broker)
Hugh Rich (Corporate Broking)
Emma Earl (Corporate Finance)
John Prior (Corporate Finance) +44 20 7886 2500
Shore Capital Stockbrokers Limited (Joint Broker)
Henry Willcocks (Corporate Broking)
Toby Gibbs (Corporate Advisory)
James Thomas (Corporate Advisory) +44 20 7408 4090
Radnor Capital (Investor Relations)
Joshua Cryer
Iain Daly +44 20 3897 1830
Buchanan (Financial PR)
Helen Tarbet
Simon Compton +44 20 7466 5000
Notes to Editors
Velocys is an LSE-listed, international sustainable fuels
technology company, traded on the AIM, providing customers with a
technology solution to enable the production of negative Carbon
Intensity synthetic, drop-in fuels from a variety of waste
materials. Synthetic fuel is the only commercially available,
permanent alternative to fossil aviation fuels. The Velocys
technology is IP-protected in all major jurisdictions.
Two reference projects (Bayou Fuels, US, and Altalto, UK) are
designed to accelerate the adoption and standardise the Velocys
proprietary Fischer Tropsch (FT) technology with an integrated end
to end solution, including renewable power and carbon
sequestration.
Velocys is enabling commercial scale synthetic fuel production
in response to the clean energy transition, with significant
additional positive air quality impacts.
www.velocys.com
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END
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