Oracle Power PlcLSE: ORCP

Former Director Dealings

· Issued by Oracle Power Plc

16 December 2022

Oracle Power PLC

("Oracle" or the "Company")

Former Director Dealings

Oracle Power (AIM: ORCP) has recently become aware of certain dealings in ordinary shares of Oracle by former non-executive director, Andreas Migge , in December 2019 and February 2020 as follows:

DATE

ORDINARY SHARES SOLD

PRICE PER ORDINARY SHARE

24/12/19

2,000,000

1.11 pence

31/12/19

2,000,000

1.05 pence

19/02/20

1,000,000

1.10 pence

19/02/20

3,000,000

1.20 pence

20/02/20

800,000

1.0 pence

These dealings were not previously known to the board of Oracle and the Company is investigating them in order to establish Mr Migge's current shareholding and will make a further announcement in due course. 

*ENDS*

For further information on Oracle Power PLC, visit the Company's website http://www.oraclepower.co.uk or contact:

Oracle Power PLC

Naheed Memon - CEO  +44 (0) 203 580 4314

Strand Hanson Limited (Nominated Adviser and Broker)

Rory Murphy, Matthew Chandler, Rob Patrick    +44 (0) 20 7409 3494

Buchanan (Financial PR)

Bobby Morse/ Oonagh Reidy/Abigail Gilchrist  +44 (0) 203 7466 5000