Business
ACQUIISTION OF SHARES BY A DIRECTOR
ACQUIISTION OF SHARES BY A DIRECTOR.
About this update from Oracle Power Plc
[{"type":"text","content":"\n \nRNS Number : 6325E Oracle Power PLC 12 February 2018 \n\n\n\n12 February 2018\n \n \n \n \n \n \nORACLE POWER PLC\n(\"Oracle\" or the \"Company\" or the \"Group\")\n \n \nACQUIISTION OF SHARES BY A DIRECTOR\n \n \nOracle Power PLC (AIM:ORCP), the UK energy developer of a combined lignite coal mine and mine mouth power plant located in Block VI of the Thar desert in the south-east of the Sindh Province of Pakistan announces that the Chairman of its Board of Directors Mr Mark Steed has today purchased 657,500 ordinary shares of the Company on the market, in two transactions, as follows :\n· 650,000 shares at a price of 1.6 pence per share, and\n· 7,500 shares at a price of 1.619 pence per share\nFollowing these transactions, Mr Steed's beneficial interest in the Company stands at 1,000,000 ordinary shares, representing 0.0946% of the issued share capital of the Company.\n \n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014\nThe notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.\n \n \nNotification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them\n\n\n\n\n1 \n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated \n \n\n\n\n\na) \n \n\n\nName \n \n\n\nMARK STEED\n \n\n\n\n\n2 \n \n\n\nReason for the notification \n \n\n\n\n\na) \n \n\n\nPosition/status \n \n\n\nCHAIRMAN OF BOARD OF DIRECTORS\n \n\n\n\n\nb) \n \n\n\nInitial notification /Amendment \n \n\n\nINITIAL NOTIFICATION\n \n\n\n\n\n3 \n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n \n\n\n\n\na) \n \n\n\nName \n \n\n\nORACLE POWER PLC\n\n\n\n\nb) \n \n\n\nLEI \n\n\n213800KTG8HX1WBCAA49\n\n\n\n\n4 \n \n\n\nDetails 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 \n\n\n\n\na) \n \n\n\nDescription of the financial instrumen...