Enteq Technologies
plc
("Enteq"
or the "Company")
Result of
General Meeting, Director/PDMR Shareholding and
Total
Voting Rights
Enteq Technologies plc (AIM: NTQ.L),
the specialist energy services engineering and technology company,
announces the following:
Result of General Meeting
At the General Meeting held earlier
today, all resolutions were duly passed.
Issue of Shares
As referred to in the Company's
announcement of 7.00 a.m. on 25 September 2024, and following the
General Meeting held earlier today, the Company has issued and
allotted a total of 208,014 new Ordinary Shares to Martin Perry,
Non-Executive Chairman, and Neil Hartley, Non-Executive Director,
in settlement of salary that has been earned and is due in respect
of the period 1 April 2024 to 30 September 2024, but where payment
was deferred, and these Directors have opted to take this
remuneration in Ordinary Shares. As with previous issues of this
type this was in order to conserve cash reserves.
These new Ordinary Shares were
issued at a price of 7.855 pence per new Ordinary Share, being the
average closing mid-market price during the period in respect of
which the salary entitlement relates. Further information is
provided below. Application has been made for the 208,014 new
Ordinary Shares to be admitted to trading on AIM which is expected
to occur on 16 October 2024.
Director Shareholdings
A summary of each of the Directors'
shareholdings is as follows:
|
Name
|
Number of new Ordinary Shares
issued pursuant to the Fundraising
|
Number of new Ordinary Shares
issued for the period 1/10/23 to 31/3/24*
|
Number of new Ordinary Shares
issued for the period 1/4/24 to 30/9/24
|
Resultant
shareholding
|
% of Enlarged Issued Share
capital
|
|
Martin Perry
|
1,703,210
|
164,628
|
74,341
|
6,753,204
|
6.47
|
|
Andrew Law
|
1,500,070
|
154,339
|
-
|
4,297,344
|
4.12
|
|
David MacNeill
|
896,720
|
-
|
-
|
896,720
|
0.86
|
|
Neil Hartley
|
-
|
82,314
|
133,673
|
407,712
|
0.39
|
|
Total
|
4,100,000
|
401,281
|
208,014
|
12,354,980
|
11.84
|
*As announced on 26 September 2024
Total Voting Rights
Following Admission of the
24,586,320 Placing Shares, 5,413,680 Subscription Shares, 2,060,400
Retail Offer Shares, and the 208,014 new Ordinary Shares in part
settlement of 1 April 2024 to 30 September 2024 salary as described
above, all expected to take place at or around 8.00 a.m. on 16
October 2024, the number of Ordinary Shares (each carrying one
vote) in issue will be 104,345,129 and 50,000 Incentive Shares, it
being noted that the Incentive Shares do not entitle holders of
them to receive notice of, to attend, to speak or to vote at any
general meeting of the Company. There are no shares held in
treasury. The figure of 104,345,129 may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interests in, or a change to
their interests in, the share capital of Enteq under the Disclosure
Guidance and Transparency Rules.
Capitalised terms used in this
announcement that are not otherwise defined shall have the meaning
given to them in the Circular published by the Company on 25
September 2024.
For further information, please
contact:
Enteq Technologies
plc
+44 (0)20 8087 2202
www.enteq.com
Andrew Law, Chief Executive
Officer
Cavendish Capital Markets Limited
(NOMAD and Broker)
+44 (0)20 7220 0500
Ed Frisby, George Lawson (Corporate
Finance)
Andrew Burdis (ECM)
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Martin Perry
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status
|
Chairman
|
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Enteq Technologies
plc
|
|
b)
|
LEI
|
2138006BKS2MOAPRUB75
|
|
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
Identification code
|
Ordinary Shares of 1 pence
each
GB00B41Q8Q68
|
|
b)
|
Nature of the transaction
|
Issue of Ordinary Shares in
compensation for cash remuneration
|
|
c)
|
Price(s) and volume(s)
|
|
Average price for the period
|
Volume
|
|
7.855 pence
|
74,341
|
|
|
d)
|
Aggregated information
|
Not applicable - single
transaction
|
|
e)
|
Date of the transaction
|
14 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Neil Hartley
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status
|
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Enteq Technologies
plc
|
|
b)
|
LEI
|
2138006BKS2MOAPRUB75
|
|
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
Identification code
|
Ordinary Shares of 1 pence
each
GB00B41Q8Q68
|
|
b)
|
Nature of the transaction
|
Issue of Ordinary Shares in
compensation for cash remuneration
|
|
c)
|
Price(s) and volume(s)
|
|
Average Price for the period
|
Volume
|
|
7.855 pence
|
133,673
|
|
|
d)
|
Aggregated information
|
Not applicable - single
transaction
|
|
e)
|
Date of the transaction
|
14 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Martin Perry
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status
|
Chairman
|
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Enteq Technologies
plc
|
|
b)
|
LEI
|
2138006BKS2MOAPRUB75
|
|
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
Identification code
|
Ordinary Shares of 1 pence
each
GB00B41Q8Q68
|
|
b)
|
Nature of the transaction
|
Director subscription in the
Fundraising
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
5.00 pence
|
1,703,210
|
|
|
d)
|
Aggregated information
|
Not applicable - single
transaction
|
|
e)
|
Date of the transaction
|
16 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Andrew Law
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive Officer
|
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Enteq Technologies
plc
|
|
b)
|
LEI
|
2138006BKS2MOAPRUB75
|
|
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
Identification code
|
Ordinary Shares of 1 pence
each
GB00B41Q8Q68
|
|
b)
|
Nature of the transaction
|
Director subscription in the
Fundraising
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
5.00 pence
|
393,750
|
|
|
d)
|
Aggregated information
|
Not applicable - single
transaction
|
|
e)
|
Date of the transaction
|
16 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Andrew Law
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Executive Officer
|
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Enteq Technologies
plc
|
|
b)
|
LEI
|
2138006BKS2MOAPRUB75
|
|
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
Identification code
|
Ordinary Shares of 1 pence
each
GB00B41Q8Q68
|
|
b)
|
Nature of the transaction
|
Director subscription in the
Placing
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
5.00 pence
|
1,106,320
|
|
|
d)
|
Aggregated information
|
Not applicable - single
transaction
|
|
e)
|
Date of the transaction
|
16 October 2024
|
|
f)
|
Place of the transaction
|
AIM
|
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
David MacNeill
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status
|
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Enteq Technologies
plc
|
|
b)
|
LEI
|
2138006BKS2MOAPRUB75
|
|
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
Identification code
|
Ordinary Shares of 1 pence
each
GB00B41Q8Q68
|
|
b)
|
Nature of the transaction
|
Director subscription in the
Fundraising
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
Volume
|
|
5.00 pence
|
896,720
|
|
|
d)
|
Aggregated information
|
Not applicable - single
transaction
|
|
e)
|
Date of the transaction
|
16 October 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|