Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
Placing to raise £150,000; Directors' Loan Conversion and
Placing
A total of 15,000,000 ordinary shares of 0.25p nominal value each ("Placing Shares") have been placed with investors at 1p per share, a premium of approximately 33% to the closing mid?market price on 16th
Directors' Issued Ordinary Shares in Lieu of Fees
Convertible Loan Note
The convertible loan notes issued on 25th
Following the issue of the Fee Shares and the CLN Settlement shares, the following directors will have the following interests in the enlarged issued share capital of the Company:
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Total Voting Rights
Following the issue of Shares as described above totaling 41,990,000 ordinary shares, the issued share capital of the Company will consist of 1,181,255,301 ordinary shares. No shares were held in treasury at the date of this announcement. The total current voting rights in the Company are therefore 1,181,255,301 .
The above figure of 1,181,255,301 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the
Our objective remains to minimise dilution and maximise growth in shareholder value by controlling costs and focusing investment on growing CoalTech and CASA business development whilst we continue to seek further opportunities to enhance CoalTech and CASA and thereby increasing shareholder value."
The directors of the Company accept responsibility for the contents of this announcement.
ENQUIRIES:
Peterhouse Capital Limited +44 20 7469 0930
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 :Filippo Fantechi 2. Reason for the notification a) Position/status: 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 :Clean Invest Africa plc b) LEI: 213800WAVVOPS85N2205 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, Ordinary shares of0.25 pence each type of instrument: Identification code: GB00BF52QX07 b) Nature of the transaction: Participation in the Placing c) Price(s) and volume(s): Issue of shares Price(s) Volume(s) 1p 3,300,000 Issue of warrants Price(s) Volume(s) 2.75p 3,300,000 5p 3,300,000 5p 3,300,000 d) Aggregated information: Single transaction as in 4 c) above Aggregated volume: Price: Issue of shares Price(s) Volume(s) 1p 3,300,000 Issue of warrants Price(s) Volume(s) 2.75p 3,300,000 5p 3,300,000 5p 3,300,000 e) Date of the transaction:20th July 2020 f) Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely associated a)Name :Noel Lyons 2. Reason for the notification a) Position/status: 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 :Clean Invest Africa plc b) LEI: 213800WAVVOPS85N2205 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, Ordinary shares of0.25 pence each type of instrument: Identification code: GB00BF52QX07 b) Nature of the transaction: Participation in the Placing c) Price(s) and volume(s): Issue of shares Price(s) Volume(s) 1p 9,120,000 Issue of warrants Price(s) Volume(s) 2.75p 9,120,000 5p 9,120,000 5p 9,120,000 d) Aggregated information: Single transaction as in 4 c) above Aggregated volume: Price: Issue of shares Price(s) Volume(s) 1p 9,120,000 Issue of warrants Price(s) Volume(s) 2.75p 9,120,000 5p 9,120,000 5p 9,120,000 e) Date of the transaction:20th July 2020 f) Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely associated a)Name :Paul Ryan 2. Reason for the notification a) Position/status: 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 :Clean Invest Africa plc b) LEI: 213800WAVVOPS85N2205 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, Ordinary shares of0.25 pence each type of instrument: Identification code: GB00BF52QX07 b) Nature of the transaction: Participation in the Placing c) Price(s) and volume(s): Issue of shares Price(s) Volume(s) 1p 13,070,000 Issue of warrants Price(s) Volume(s) 2.75p 13,070,000 5p 13,070,000 5p 13,070,000 d) Aggregated information: Single transaction as in 4 c) above Aggregated volume: Price: Issue of shares Price(s) Volume(s) 1p 13,070,000 Issue of warrants Price(s) Volume(s) 2.75p 13,070,000 5p 13,070,000 5p 13,070,000 e) Date of the transaction:20th July 2020 f) Place of the transaction: Outside a trading venue
