logo-loader
viewdiscoverIE Group PLC

discoverIE Group plc - Director/PDMR transaction notification

RNS Number : 8080F
discoverIE Group plc
11 March 2020
 

discoverIE Group PLC

 

Director/PDMR transaction notification

 

11 March 2020

 

discoverIE Group plc, a leading international designer, manufacturer and supplier of customised electronics to industry, announces that, on 11 March 2020, Nick Jefferies, Group Chief Executive, transferred 905,583 ordinary shares of 5p each in the capital of the Company to his wife, Susan Jefferies, for nil consideration.  This was for tax planning purposes.

 

Following the transfer, Mr. Jefferies' total holding of shares in the Company (including shares held in his wife's name) remains unchanged at 965,750 shares, representing approximately 1.09% of the total issued shares in the Company.

 

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Nicholas Jefferies

2

Reason for the notification

 

a)

Position/status 

Group Chief Executive

b)

Initial notification/ Amendment 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name 

discoverIE Group plc

b)

LEI 

213800BMDLQU1VEEAN68

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 £0.05

 

 

 

 

ISIN: GB0000055888

b)

Nature of the transaction 

Interspousal transfer

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

0p

 

905,583

  

d)

Aggregated information

N/A - Single transaction

 

e)

Date of the transaction 

11 March 2020

f)

Place of the transaction

London Stock Exchange, Main Market

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHGPURCWUPUGWG

Quick facts: discoverIE Group PLC

Price: 520

Market: LSE
Market Cap: £465.17 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

discoverIE Group CEO talks strategy, focus on growth markets and future...

discoverIE Group PLC's (LON:DSCV) Nick Jefferies says the company's strategy is very simple and has been the same for over ten years. ''We aim to grow revenue ahead of GDP and we aim to do that by focusing on growth target markets, we aim to increase our operating  margins by buying more...

on 12/12/19