Invinity Energy Sys - Director/PDMR Shareholding
RNS Number : 2149S
Invinity Energy Systems PLC
12 July 2022
 

12 July 2022

Invinity Energy Systems plc

 

("Invinity" or the "Company")

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

Invinity Energy Systems plc (AIM:IES and AQSE:IES), a leading global manufacturer of utility-grade energy storage, announces that it has received notification from Mr Jonathan Marren, Chief Development Officer, being a person discharging managerial responsibility in the Company, of the purchase of shares set out in the notification of dealing form below.

 

Following the completion of this purchase of shares, his ultimate beneficial ownership is now 199,977 representing 0.17% of the Company's total voting rights.

 

1

Details of the person discharging managerial responsibilities

a)

Name

Jonathan Marren

2

Reason for the notification

a)

Position/status

Chief Development Officer

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Invinity Energy Systems plc

b)

LEI

213800N2NKOTYUNRCU14

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 of €0.50 each

b)

Identification code of the Financial Instrument

JE00BLR94N79

c)

Nature of the transaction

Purchase of shares

d)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP 0.4535

44,101

 

 

e)

Aggregated information:  volume, Price

Aggregated Volume: 44,101

Aggregated Price: GBP 19,999.80

f)

Date of the transaction

12 July 2022

g)

Place of the transaction

London Stock Exchange AIM Market (AIMX)

 

 

Enquiries:

 

Invinity Energy Systems plc

+44 (0)204 551 0361

Peter Dixon-Clarke, Chief Financial Officer

Joe Worthington, Director of Communications




Canaccord Genuity (Nominated Adviser and Joint Broker)

+44 (0)20 7523 8000

Henry Fitzgerald-O'Connor / James Asensio




VSA Capital (Financial Adviser and Joint Broker)

+44 (0)20 3005 5000

Andrew Monk / Simon Barton




EAS Advisors LLC (US Corporate Advisor)

+1 (646) 495 2225

Matthew Bonner / Chris Hutchinson




 

Notes to Editors

 

Invinity Energy Systems plc (AIM:IES and AQSE:IES) manufactures vanadium flow batteries for large-scale, high-throughput energy storage requirements of business, industry and electrical networks.

 

Invinity's factory-built flow batteries run continually with no degradation for over 25 years, making them suitable for the most demanding applications in renewable energy production. Energy storage systems based on Invinity's batteries are safe, reliable, and economical, and range in size from less than 250 kilowatt-hours to tens of megawatt-hours.

 

Invinity was created in April 2020 through the merger of two flow battery industry leaders: redT energy plc and Avalon Battery Corporation. With over 33 MWh of systems deployed to date across more than 50 sites in 15 countries, Invinity is active in all major global energy storage markets and has operations in the UKCanada, USAChina and Australia. Invinity Energy Systems plc is listed on the AIM Market of the London Stock Exchange and on the Aquis Stock Exchange (AQSE).

 

To find out more, visit invinity.com or call Investor Relations on +44 (0)204 551 0361

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
 
 
DSHLLLFFLDLFBBK ]]>