1 February 2023
Harmony Energy Income Trust plc
("HEIT" or the "Company")
Director/PDMR Notification
Harmony Energy Income Trust plc, announces that on 31 January 2023 the Directors of the Company, and persons closely associated ("PCA") with them, each acquired ordinary shares in the Company ("Ordinary Shares"), following the conversion of all issued C shares ("C Shares") to Ordinary Shares as previously announced on 26 January 2023.
As Persons Discharging Managerial Responsibility further information on the Ordinary Shares acquired by the Directors of the Company, together with their aggregate holdings in the share capital of the Company, is detailed below:
| PDMR/ PCA | Ordinary Shares held following the conversion | % held of issued share capital |
| Norman Crighton | 13,933 | 0.0061 |
| Janine Freeman | 13,933 | 0.0061 |
| Hugh McNeal | 13,933 | 0.0061 |
| William Rickett (PDMR) and Mrs L Rickett (PCA) | 13,933 | 0.0061 |
| Shefaly Yogendra | 8,933 | 0.0039 |
The notification below, made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation, provides further detail.
| 1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||
| a)
| Name
| Norman Crighton | |
| 2
| Reason for the notification
| ||
| a)
| Position/status
| PDMR 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
| Harmony Energy Income Trust plc | |
| b)
| LEI
| 254900O3XI3CJNTKR453 | |
| 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
ISIN: GB00BLNNFZ25
| |
| b)
| Nature of the transaction
| Conversion of C Shares to Ordinary Shares | |
| c)
| Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 3,933 | ||
| d)
| Aggregated information
- Aggregated volume
- Price |
3,933 Ordinary Shares in aggregate
Nil | |
| e)
| Date of the transaction
| 31 January 2023 | |
| f)
| Place of the transaction
| London Stock Exchange | |
| 1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||
| a)
| Name
| Janine Freeman | |
| 2
| Reason for the notification
| ||
| a)
| Position/status
| PDMR 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
| Harmony Energy Income Trust plc | |
| b)
| LEI
| 254900O3XI3CJNTKR453 | |
| 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
ISIN: GB00BLNNFZ25
| |
| b)
| Nature of the transaction
| Conversion of C Shares to Ordinary Shares | |
| c)
| Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 3,933 | ||
| d)
| Aggregated information
- Aggregated volume
- Price |
3,933 Ordinary Shares in aggregate
Nil | |
| e)
| Date of the transaction
| 31 January 2023 | |
| f)
| Place of the transaction
| London Stock Exchange | |
| 1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||
| a)
| Name
| Hugh McNeal | |
| 2
| Reason for the notification
| ||
| a)
| Position/status
| PDMR 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
| Harmony Energy Income Trust plc | |
| b)
| LEI
| 254900O3XI3CJNTKR453 | |
| 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
ISIN: GB00BLNNFZ25
| |
| b)
| Nature of the transaction
| Conversion of C Shares to Ordinary Shares | |
| c)
| Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 3,933 | ||
| d)
| Aggregated information
- Aggregated volume
- Price |
3,933 Ordinary Shares in aggregate
Nil | |
| e)
| Date of the transaction
| 31 January 2023 | |
| f)
| Place of the transaction
| London Stock Exchange | |
| 1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||
| a)
| Name
| William Rickett (PDMR) and Mrs. L Rickett (PCA) | |
| 2
| Reason for the notification
| ||
| a)
| Position/status
| Non-Executive Director (PDMR) and spouse (PCA) | |
| b)
| Initial notification /Amendment
| Initial notification | |
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
| a)
| Name
| Harmony Energy Income Trust plc | |
| b)
| LEI
| 254900O3XI3CJNTKR453 | |
| 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
ISIN: GB00BLNNFZ25
| |
| b)
| Nature of the transaction
| Conversion of C Shares to Ordinary Shares | |
| c)
| Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 3,933 | ||
| d)
| Aggregated information
- Aggregated volume
- Price |
3,933 Ordinary Shares in aggregate
Nil | |
| e)
| Date of the transaction
| 31 January 2023 | |
| f)
| Place of the transaction
| London Stock Exchange | |
| 1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||
| a)
| Name
| Shefaly Yogendra | |
| 2
| Reason for the notification
| ||
| a)
| Position/status
| PDMR 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
| Harmony Energy Income Trust plc | |
| b)
| LEI
| 254900O3XI3CJNTKR453 | |
| 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
ISIN: GB00BLNNFZ25
| |
| b)
| Nature of the transaction
| Conversion of C Shares to Ordinary Shares | |
| c)
| Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 3,933 | ||
| d)
| Aggregated information
- Aggregated volume
- Price |
3,933 Ordinary Shares in aggregate
Nil | |
| e)
| Date of the transaction
| 31 January 2023 | |
| f)
| Place of the transaction
| London Stock Exchange | |
END
For further information, please contact:
| Harmony Energy Advisors Limited Max Slade Peter Kavanagh James Ritchie
| |
| Berenberg Gillian Martin Ben Wright Ciaran Walsh Dan Gee-Summons
| +44 (0)20 3207 7800 |
| Camarco Georgia Edmonds
| +44 (0)20 3757 4980 |
| JTC (UK) Limited HarmonyEnergyIncomeTrustPLC@jtcgroup.com
| +44 (0)20 3832 3877 |
LEI: 254900O3XI3CJNTKR453
About Harmony Energy Advisors Limited
The Investment Adviser is a wholly owned subsidiary of Harmony Energy Limited.
The management team of the Investment Adviser have been exclusively focussed on the energy storage sector (across multiple projects) in Great Britain for over six years, both from the point of view of asset owner/developer and in a third-party advisory capacity.
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