03:00 Tue 21 Jul 2020
Velocys PLC - Disclosure re Directors' Participation in Placing
News release
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Disclosure re directors' participation in the placing and open offer
The resultant interests of the relevant directors and persons closely associated with them in the shares of the Company are:
| Director | Number of Ordinary Shares held | Percentage of entire issued share capital |
| 1. | 1,203,118 | 0.11% |
| 2. Henrik Wareborn | 2,118,445 | 0.20% |
| 3. | 847,817 | 0.08% |
| 4. | 551,091 | 0.05% |
| 5. | 433,333 | 0.04% |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||
| a) | | 1. 2. Henrik Wareborn 3. 4. 5. | ||||||||||||||||||
| 2. | Reason for the notification | |||||||||||||||||||
| a) | Position / status | 1. Non-executive Chairman 2. Chief Executive Officer 3. Chief Financial Officer 4. Person closely associated with a PDMR - 5. Non-executive Director | ||||||||||||||||||
| b) | Initial notification / amendment | Initial notification | ||||||||||||||||||
| 3. | Details of issuer | |||||||||||||||||||
| a) | | | ||||||||||||||||||
| 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 of the financial instrument Identification Code | Ordinary Shares of 1p each
1. GB00B11SZ269 2. GB00B11SZ269 3. GB00B11SZ269 4. GB00B11SZ269 5. GB00B11SZ269
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| b) | Nature of the transaction | Subscription for new Ordinary Shares. The transaction is not linked to the exercise of a share option programme. | ||||||||||||||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information Aggregated volume Price | N/A | ||||||||||||||||||
| e) | Date of the transactions |
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| f) | Place of the transaction | Outside a trading venue | ||||||||||||||||||
- Ends -
For further information, please contact:
| Henrik Wareborn, CEO
| +44 1865 800821
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| +44 20 7260 1000 |
| Canaccord Genuity (Joint broker) | +44 20 7523 8000
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| Turner Pope Investments (Joint broker)
| +44 20 3657 0050
+44 20 3897 1830
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+44 20 7096 7730 |
This information is provided by RNS, the news service of the
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