Aquila European Renewables Plc RegisteredLSE: AERI

Director/PDMR Shareholding

· Issued by Aquila European Renewables Plc Registered

3 February 2023

Aquila European Renewables plc

("AER" or the "Company")

Director/PDMR Shareholding

The Company has been informed that, on 3 February 2023, Mr David MacLellan, Non-Executive Director of the Company, bought 50,000 ordinary shares of 1 cents nominal value each in the capital of the Company ("Ordinary Shares") at a price of 90.708 cents per share.

Following the above mentioned acquisition, David MacLellan is beneficially interested in 125,000 Ordinary Shares, in aggregate representing 0.031% of the Company's total voting rights.

The relevant notification set out below is provided in accordance with the requirements of the Market Abuse Regulation.

LEI Number: 213800UKH1TZIC9ZRP41

Enquiries:

Company Secretary

020 3327 9720 

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

Mr David MacLellan

2

Reason for the notification

a)

Position/status

Director (PDMR)

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Aquila European Renewables plc

b)

LEI

213800UKH1TZIC9ZRP41

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

Ordinary shares if 1 cents each

Identification code (ISIN)

GB00BK6RLF66

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Price(s)

Volume(s)

90.708 cents per share

50,000

d)

Aggregated information

- Aggregated volume

50,000

- Total Price

€45,354

e)

Date of the transaction

3 February 2023

f)

Place of the transaction

London Stock Exchange

END