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Van Elle HoldingsPLC - Director/PDMR Shareholding

RNS Number : 3142C
Van Elle Holdings PLC
07 February 2020
 

7 Feburary 2020

 

Van Elle Holdings plc

('Van Elle', the 'Group' or the 'Company')

 

Director PDMR Shareholdings

 

Van Elle Holdings plc (AIM:VANL) announces that it has been notified of the following transaction in ordinary shares of 2 pence each in the Company ("Ordinary Shares").

 

Mr Mark Cutler, Chief Executive Officer, purchased 55,603 Ordinary Shares in the Company, at a price of 50.0 pence per share.  Following this transaction, Mr Cutler has an interest in 192,767 Ordinary Shares, representing 0.24 per cent. of the issued share capital.

 

Mr Michael Mason, Group Services Director and a PDMR of the Company, has sold 4,186,961 Ordinary Shares.  Following this transaction, Mr Mason does not have an interest in Ordinary Shares.

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 

1.        

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Mark Cutler

 

2.         

Reason for the notification

a.         

Position/status

Chief Executive Officer

 

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

 

b.        

LEI

213800LQC6YL8KJT1Y18

 

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 £0.02 each

 

 

 

ISIN: GB00BYX4TP46

 

b.         

Nature of the transaction

 

Purchase of ordinary shares

 

c.         

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

50.0p

55,603

 

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

 

n/a

e.         

Date of the transaction

6 February 2020

f.         

Place of the transaction

London Stock Exchange, AIM

 

 

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Mick Mason

 

2.         

Reason for the notification

a.         

Position/status

Group Services Director

 

b.         

Initial notification

/Amendment

Initial notification

3.         

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

a.        

Name

Van Elle Holdings plc

 

b.        

LEI

213800LQC6YL8KJT1Y18

 

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 £0.02 each

 

 

 

ISIN: GB00BYX4TP46

 

b.         

Nature of the transaction

 

Sale of ordinary shares

 

c.         

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

50.0p

4,186,961

 

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

 

n/a

e.         

Date of the transaction

6 February 2020

f.         

Place of the transaction

London Stock Exchange, AIM

 

 

 

Enquiries:

 

Van Elle Holdings plc


Adrian Barden

Tel: 01773 580 580



Instinctif Partners (Financial Public Relations)

Tel: 020 7457 2020

Mark Garraway

James Gray

Rosie Driscoll




Peel Hunt LLP (Nominated Adviser and Corporate Broker)

Tel: 020 7418 8900

Mike Bell

Edward Allsopp


 


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.
 
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Quick facts: Van Elle Holdings

Price: 33

Market: AIM
Market Cap: £35.2 m
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