Press Releases

Director / PDMR Shareholding

26 Feb 2016

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Greka Engineering & Technology Ltd. (AIM:GEL), the unconventional gas sector engineering and technology business with pipeline, gas compression and power generation assets in China, announces that it has been notified that an entity controlled by Randeep Grewal, the Company’s Chairman and Chief Executive, has today purchased 47,189,723 ordinary shares in the Company (“Ordinary Shares”) at a price of 0.385 pence per Ordinary Share.
As a result, Randeep Grewal is now directly and indirectly beneficially interested in a total of 312,125,606 Ordinary Shares, representing 76.20% of the Company’s issued ordinary share capital. 
Greka Engineering
Randeep Grewal, Chairman
+852 3710 0168
Smith & Williamson
Nominated Adviser and Broker
Dr Azhic Basirov / David Jones / Ben Jeynes
+44 (0)20 7131 4000
About Greka Engineering and Technology
Greka Engineering & Technology Ltd. (AIM: GEL) was demerged from Green Dragon Gas Limited (LSE: GDG) via a dividend in specie and was admitted to trading on AIM in September 2013.
Greka Engineering offers turnkey solutions to over 90 upstream, midstream and downstream gas suppliers. The Company's technologies include Compressed Natural Gas/Liquefied Natural Gas (CNG/NLG) compressor equipment, CNG retail dispenser equipment and CBM wellhead extraction technologies.  The Company also supplies proprietary Integrated Circuit Card Point of Sale (ICC POS) and Supervisory Control and Data Acquisition (SCADA) software and hardware solutions for the remote management of transmission systems, power facilities, vehicle management and retail services.  In addition, the Company invests in, operates and maintains wholly owned assets for its customers in return for service contracts based on the volume management.
The Company has historically completed several Engineering, Procurement, Construction and Management (EPCM) contracts including the design, construction and management of gas gathering systems, a gas pipeline in Shanxi Province to the China West-East pipeline, the installation and commissioning of a 10MW gas-fired power facility in the Shanxi province and the construction of CNG retail stations.
For more information on Greka Engineering, please visit the Company’s website at: