TIDMETP

RNS Number : 9111L

Eneraqua Technologies PLC

11 September 2023

11 September 2023

Eneraqua Technologies plc

("Eneraqua Technologies", the "Company" or the "Group")

Director / PDMR Shareholding

Eneraqua Technologies plc, a provider of specialist energy and water efficiency solutions, announces that it was informed on 8 September 2023 that Mitesh Dhanak, Chief Executive Officer, acquired ordinary shares in the Company of 0.1p each ("Ordinary Shares") (the "Purchase").

Mitesh Dhanak, Chief Executive Officer, purchased in aggregate 44,900 Ordinary Shares. Following the purchase Mitesh Dhanak and certain parties closely associated with him, are interested in 5,817,327 Ordinary Shares , representing approximately 17.5 per cent. of the Company's issued share capital.

 
For further information please 
 contact: 
                                        Via Alma PR 
 Eneraqua Technologies plc 
 Mitesh Dhanak, Chief Executive 
 Officer 
 Iain Richardson, Chief Financial 
 Officer 
 
  Liberum (Nomad and Joint Broker)      Tel: 0203 100 2000 
  Edward Mansfield 
  Benjamin Cryer 
 
  Singer Capital Markets (Joint         Tel: 020 7496 3000 
  Broker) 
  Sandy Fraser 
  Justin McKeegan 
  Asha Chotai 
 
 Alma PR (Financial PR)                 Tel: 020 3405 0205 
 Justine James                          eneraqua@almapr.co.uk 
 Sam Modlin 
 Will Ellis Hancock 
 

Notes to editors

Eneraqua Technologies (AIM:ETP) is a specialist in energy and water efficiency. The Group has two divisions energy and water. Energy is the larger division, with the Company focused on clients with end of life gas, oil or electric heating and hot water systems. The Group provides turnkey retrofit district or communal heating systems based either on high-efficiency gas or ground/air source heat pump solutions that support Net Zero and decarbonisation goals.

The water division is a growing service offering focused on water efficiency upgrades for utilities and commercial clients including hotels and care homes.

The activities in both divisions are underpinned by the Company's wholly-owned intellectual property, the Control Flow HL2024 family of products which reduce water wastage and improve the performance of heating and hot water systems.

The Company's main country of operation is the United Kingdom. The Company's head office is based in London with additional offices in Leeds, Washington (Sunderland), India, Spain and the Netherlands. The Company has 168 employees, with the majority employed within the UK. Eneraqua Technologies has received the London Stock Exchange's Green Economy Mark.

To find out more, please visit: www.eneraquatechnologies.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name 
                                                  Mitesh Ramji Dhanak 
      ---------------------------------------  ------------------------------------------------ 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Executive Officer of Eneraqua 
                                                 Technologies Plc 
      ---------------------------------------  ------------------------------------------------ 
 b)    Initial notification                     Initial Notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------------- 
 a)    Name                                     Eneraqua Technologies plc 
      ---------------------------------------  ------------------------------------------------ 
 b)    LEI                                      21380045T7LPP2T83245 
      ---------------------------------------  ------------------------------------------------ 
       Details of the transaction(s): section to be repeated 
  4     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 1 pence each ("Ordinary 
        financial instrument,                    Shares") 
        type of instrument 
 
       Identification code                      GB00BNYDGM91 
 
 b)    Nature of the transaction                Purchase of Ordinary Shares 
      ---------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                ---------------------  ---------------------- 
                                                 Price(s)               Volume(s) 
                                                ---------------------  ---------------------- 
                                                 1.027950               44,900 
                                                ---------------------  ---------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      As in 4.c) above 
 
  - Price 
 
 e)    Date of the transaction                  08/09/2023 
      ---------------------------------------  ------------------------------------------------ 
 f)    Place of the transaction                 Off exchange (XOFF) 
      ---------------------------------------  ------------------------------------------------ 
 

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END

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(END) Dow Jones Newswires

September 11, 2023 02:00 ET (06:00 GMT)

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