ENTEQ TECHNOLOGIES PLC

Director's Dealing • Dec 15, 2021

National Storage Mechanism | Additional information

RNS Number : 7883V

Enteq Technologies PLC

15 December 2021

Enteq Technologies plc

("Enteq" or the "Company")

Issue of shares and

Director/PDMR Shareholding

Enteq Technologies plc (AIM: NTQ.L) the energy services technology and equipment supplier, announces that on 15 December 2021 it issued and allotted 166,494 new ordinary shares of 1p each ("Ordinary Shares") to the Directors in compensation for the elements of remuneration foregone in respect of the period 1 July 2021 to 30 November 2021 at a price of 16.2p.

The issue prices reflects the Company's average closing share price during the period to which the compensation relates.  As with previous issues of this type this was in order to maximise the cash available to the business as a whole.

These new Ordinary Shares issued to the Directors were as follows:

Total holding after issue

Name	Number of new Ordinary Shares issued	Number of Ordinary Shares	% Enlarged issued share capital
Martin Perry	44,356	4,568,810	6.62%
David Steel	42,070	2,149,756	3.11%
Andrew Law	51,056	934,553	1.35%
Iain Paterson	15,412	572,460	0.83%
Neil Hartley	13,600	59,770	0.09%

Application has been made for the 166,494 new Ordinary Shares to be admitted to trading on AIM which is expected to occur on 21 December 2021. Following the above issue of new Ordinary Shares, the number of Ordinary Shares (each carrying one vote) in issue is 69,013,558.  There are no shares held in treasury.  The figure of 69,013,558 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interests in, or a change to their interests in, the share capital of Enteq under the Disclosure Guidance and Transparency Rules.

For further information, please contact:

Enteq Technologies plc                                           +44 (0)20 8087 2202

www.enteq.com 

Andrew Law, Chief Executive Officer

David Steel, Chief Financial Officer

finnCap Ltd (NOMAD and Broker)                           +44 (0)20 7220 0500

Ed Frisby, Emily Watts, Tim Harper (Corporate Finance)

Andrew Burdis, Barney Hayward (ECM)

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Martin Perry

2.

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Enteq Technologies

b)

LEI

2138006BKS2MOAPRUB75

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, type of instrument

Identification code

Ordinary Shares of 1 pence each

GB00B41Q8Q68

b)

Nature of the transaction

Issue of shares in compensation for cash remuneration

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.162	44,356

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Steel

2.

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Enteq Technologies

b)

LEI

2138006BKS2MOAPRUB75

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, type of instrument

Identification code

Ordinary Shares of 1 pence each

GB00B41Q8Q68

b)

Nature of the transaction

Issue of shares in compensation for cash remuneration

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.162	42,070

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Law

2.

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Enteq Technologies

b)

LEI

2138006BKS2MOAPRUB75

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, type of instrument

Identification code

Ordinary Shares of 1 pence each

GB00B41Q8Q68

b)

Nature of the transaction

Issue of shares in compensation for cash remuneration

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.162	51,056

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Iain Paterson

2.

Reason for the notification

a)

Position/status

Non-executive Director

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Enteq Technologies

b)

LEI

2138006BKS2MOAPRUB75

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, type of instrument

Identification code

Ordinary Shares of 1 pence each

GB00B41Q8Q68

b)

Nature of the transaction

Issue of shares in compensation for cash remuneration

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.162	15,412

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Neil Hartley

2.

Reason for the notification

a)

Position/status

Non-executive Director

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Enteq Technologies

b)

LEI

2138006BKS2MOAPRUB75

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, type of instrument

Identification code

Ordinary Shares of 1 pence each

GB00B41Q8Q68

b)

Nature of the transaction

Issue of shares in compensation for cash remuneration

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£0.162	13,600

d)

Aggregated information

Not applicable - single transaction

e)

Date of the transaction

15 December 2021

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHFLFVEFRLELIL