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Director/PDMR Shareholding

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RNS Number : 3968W
Shearwater Group PLC
16 April 2019
 

16 April 2019

 

SHEARWATER GROUP PLC

("Shearwater" or the "Company") 

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG) today announces that over 15 and 16 April 2019 Phil Higgins, CEO, purchased 5,000,000 Ordinary Shares at an average price of 1.9775 pence per share.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

VJM Investments

2

Reason for the notification

a)

Position/status

Person closely associated with Phil Higgins, CEO

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Shearwater Group plc

b)

LEI

213800ZRUKUYDJLKD504

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



GB00B00T3528

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

2.0375p

 1,000,000

2.0p

 1,000,000

1.95p

 1,500,000

1.95p

 1,500,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

5,000,000

£98,875.00

e)

Date of the transaction

15 and 16 April 2019

f)

Place of the transaction

London Stock Exchange, AIM

 

Enquiries:

Shearwater Group plc

David Williams

Phil Higgins

 

www.theshearwatergroup.co.uk

c/o Instinctif Partners

Cenkos Securities plc - NOMAD and Broker

Max Hartley / Giles Balleny - NOMAD

Julian Morse / Michael Johnson - Sales

 

+44 (0) 20 7397 8900

Instinctif Partners - Financial PR

Adrian Duffield / Chantal Woolcock / Kay Larsen

[email protected]  

+44 (0) 20 7427 1412

 

 


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
 
 
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Quick facts: Shearwater Group PLC

Price: 209

Market: AIM
Market Cap: £46.2 m
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