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Director share participation in the Open Offer

Director share participation in the Open Offer.

articleInvinity Energy Systems PlcJuly 8, 20143/company/invinity-energy-systems-plc/news/director-share-participation-in-the-open-offer
Director share participation in the Open Offer

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[{"type":"text","content":"\n \nRNS Number : 6670L Camco Clean Energy PLC 08 July 2014  \n\n8 July 2014\n \nCamco Clean energy plc\n \n(\"Camco\" or \"the Company\")\n \nDirector share participation in the Open Offer\n \nCamco Clean Energy plc, the clean energy and energy storage company, today announces that the two executive Directors, being Scott McGregor and Jonathan Marren, have instructed application to be made to invest up to £80,000 (in aggregate) in the Open Offer announced on 27 June 2014. \nThe applications represent each of Scott McGregor and Jonathan Marren's full entitlements under the Open Offer and additional amounts for which they have applied through the Excess Application Facility at the Open Offer price of 4 pence per ordinary share. \nIn addition, each of the non-executive Directors owning shares, being Jeff Kenna and Michael Farrow, have also made applications covering their entitlements under the Open Offer. \n \n\n\n\n\n\n\n\nNumber of existing ordinary shares\n\n\nPercentage of existing share capital\n\n\nTake up of entitlement under the Open Offer\n\n\nExcess application made\n\n\nTotal application\n\n\nNumber of Ordinary Shares (following Admission)*\n\n\nPercentage of existing share capital (following Admission)**\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nScott McGregor\n\n\n4,241,592\n\n\n2.0%\n\n\n265,099 \n\n\n484,901 \n\n\n750,000 \n\n\n4,991,592 \n\n\n2.0%\n\n\n\n\nJonathan Marren\n\n\n3,310,892 \n\n\n1.6%\n\n\n206,979 \n\n\n1,043,021 \n\n\n1,250,000 \n\n\n4,560,892 \n\n\n1.9%\n\n\n\n\nJeff Kenna\n\n\n2,037,830 \n\n\n1.0%\n\n\n113,301 \n\n\n64,863 \n\n\n127,363 \n\n\n2,165,193 \n\n\n0.9%\n\n\n\n\nMichael Farrow\n\n\n81,158 \n\n\n0.0%\n\n\n5,072 \n\n\n-\n\n\n5,072 \n\n\n86,230 \n\n\n0.0%\n\n\n\n\n\n\n\n9,671,472\n\n\n\n\n\n539,650\n\n\n1,592,785\n\n\n2,132,435\n\n\n11,803,907\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n*\n\n\nAssume excess applications are not scaled back\n\n\n\n\n**\n\n\nAssuming full take-up of entitlements under the Open Offer\n\n\n\n\n \n \nDefinitions included in this announcement have the same meaning as those set out in the Circular to Shareholders dated 7 July 2014.\n \nEnquiries:\n \nCamco Clean Energy plc                  &...

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