The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
("Xpediator" or "the Company" or "the Group")
Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Europe, announces that on 3 May 2019, the wife and four adult children of Stephen Blyth (Chief Executive Officer of Xpediator), have in total purchased 500,000 shares of 5 pence each in the Company ("Ordinary Shares") at a price of 48 pence per share.
Cogels Investments Limited, a company owned and controlled by the wife and four adult children of Stephen Blyth, already holds a beneficial interest in 34,840,000 Ordinary Shares representing approximately 26.1% of the Company's issued share capital.
Following this transaction therefore, Stephen Blyth and members of his family together hold a direct and indirect beneficial interest in 35,340,000 Ordinary Shares representing approximately 26.4 per cent. of the Company's issued share capital. In addition, Stephen Blyth has a beneficial interest in 857,143 share options.
Novella Communications (Financial Public Relations)
Tel: +44 (0)20 3151 7008
Xpediator is a well-established international provider of freight management services. Established in 1988 by CEO Stephen Blyth today the Group's International network of offices provides road, sea and air freight services, together with logistics and warehousing in the UK and Romania. The business offers integrated freight management within the supply chain logistics and fulfilment sector, through their three main areas: freight forwarding, logistics & warehousing and transport services. With headquarters in Braintree, Essex and country offices in nine CEE countries across 31 sites, the Group currently employs 938 people and was successfully listed on London's AIM market in August 2017.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
Details of the person discharging managerial responsibilities/person closely associated
A: Lucia Blyth
B: Olivia Blyth
C: Claudia Blyth
D: George Blyth
E: Emilia Blyth
Reason for the notification
All persons closely associated with PDMR Stephen Blyth, Chief Executive
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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
Description of the financial instrument, type of instrument:
Ordinary shares of 5p each
Nature of the transaction:
Purchases of Ordinary Shares
Price(s) and volume(s):
a) 48 pence
b) 48 pence
c) 48 pence
d) 48 pence
e) 48 pence
Date of the transaction:
3 May 2019
Place of the transaction:
AIM, London Stock Exchange
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.
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...
Xpediator PLC's (LON:XPD) COO of e-commerce Michael Grange chats to Proactive London's Andrew Scott about BuzzBrand, a business they set up earlier this year.
Grange says BuzzBrand helps to set up and launch new ventures as well as help established eCommerce businesses to grow.