Plutus Powergen : Director/PDMR Shareholding

31 July 2019

PLUTUS POWERGEN PLC

('Plutus', the 'Group' or the 'Company')

Director/PDMR Shareholdings

Holding in Company

Plutus PowerGen (AIM: PPG), the AIM listed power company focused on the development and operation of flexible energy generation ('FlexGen') projects in the UK, was informed on 30 July 2019 that, on 29 July 2019, Mr. Charles Tatnall (Executive Chairman) acquired off market 9,166,667 ordinary shares of 0.1p each ('Ordinary Shares') at a price of 0.3p per Ordinary Share and Mr. James Longley (Interim Chief Executive Officer and Chief Financial Officer) acquired off market 9,166,667 Ordinary Shares at a price of 0.3p per Ordinary Share. The shares were acquired from the Estate of the late Philip Stevens.

Following the above acquisitions of Ordinary Shares, Mr. Tatnall has a beneficial interest in 89,666,667 Ordinary Shares representing 10.28 per cent. of the current issued share capital of the Company and Mr. Longley has a beneficial interest in 81,666,667 Ordinary Shares representing 9.36 per cent. of the current issued share capital of the Company.

Furthermore, following the above transactions the Estate of Philip Stevens now has a beneficial interest in 35,416,666 Ordinary Shares representing 4.1 per cent. of the current issued share capital of the Company.

**ENDS**

For further information, please visitwww.plutuspowergen.com, or contact:

Plutus PowerGen Plc	[phone]
James Longley, Interim CEO and CFO
Allenby Capital Limited (Nominated Adviser and Joint Broker)	[phone]
Nick Athanas Nicholas Chambers
Turner Pope Investments (TPI) Limited (Joint Broker)	[phone]
Andy Thacker
St Brides Partners Limited (Financial PR)	[phone]
Isabel de Salis

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	Charles Tatnall
2	Reason for the notification
a)	Position/status	Executive Chairman (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Plutus Powergen plc
b)	LEI	213800NIBLBUHHRBZI02
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 0.1p each in Plutus Powergen plc Identification code (ISIN) for Plutus Powergen plc ordinary shares: GB00B1GDWB47
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.3p 9,166,667
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	29 July 2019
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Longley
2	Reason for the notification
a)	Position/status	Interim Chief Executive Officer and Chief Financial Officer (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Plutus Powergen plc
b)	LEI	213800NIBLBUHHRBZI02
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 0.1p each in Plutus Powergen plc Identification code (ISIN) for Plutus Powergen plc ordinary shares: GB00B1GDWB47
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.3p 9,166,667
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	29 July 2019
f)	Place of the transaction	Outside of a trading venue