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Director/PDMR Shareholding

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RNS Number : 0696E
Synnovia PLC
01 July 2019
 

1 July 2019

Synnovia plc

("Synnovia" or the "Group")

 Director/PDMR Dealings

The Company announces a transfer by the trustee of the FR Family Discretionary Trust, of which Faisal Rahmatallah, Chairman of the Group, is a discretionary beneficiary. The transfer was made to the trust of which Mr Rahmatallah's wife is a discretionary beneficiary.   

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

 R&H Trust Co (Jersey) Limited as Trustee of the FR Family Discretionary Trust

2

Reason for the notification

a)

Position/status

The FR Family Discretionary Trust, a PCA with Faisal Rahmatallah, Chairman of the Group

b)

Initial notification /Amendment  

Initial

3

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

a)

Name

Synnovia plc

b)

LEI

213800EN5TUVOZKU6W30

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 1p each

ISIN:      GB00B289KK20 

b)

Nature of the transaction

Transfer of ordinary shares of 1p each from the FR Family Discretionary Trust

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£Nil 

512,463

  

d)

 

Aggregated information

- Aggregated volume

 - Price

 

N/A - single transaction

e)

 

Date of the transactions

1 July 2019

f)

 

Place of the transactions

Off market

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

R&H Trust Co (Jersey) Limited as Trustee of the Sable Trust

2

Reason for the notification

a)

Position/status

Sable Trust of which Jane Margaret O'Riordan, Wife of Faisal Rahmatallah, Chairman of Synnovia plc (separated, decree Nisi) is a discretionary beneficiary

b)

Initial notification /Amendment  

Initial

3

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

a)

Name

Synnovia plc

b)

LEI

213800EN5TUVOZKU6W30

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 1p each

ISIN:      GB00B289KK20 

b)

Nature of the transaction

Receipt of ordinary shares of 1p each from the FR Family Discretionary Trust

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

£Nil 

512,463

  

d)

 

Aggregated information

- Aggregated volume

 - Price

 

N/A - single transaction

e)

 

Date of the transactions

1 July 2019

f)

 

Place of the transactions

Off market

 

 

For further information, please contact:

Synnovia plc

Tel: 020 7978 0574

Faisal Rahmatallah, Chairman


Nick Ball, Finance Director

 




Cenkos Securities

Tel: 020 7397 8900

(Nomad and joint broker)


Mark Connelly


Callum Davidson

 




Allenby Capital Limited

Tel: 020 3328 5656

(Joint broker)


David Hart




 


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: Synnovia PLC

Price: 130

Market: LSE
Market Cap: £50.69 m
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