10 March 2022
Summerway Capital Plc
("Summerway" or the "Company")
Director / PDMR Shareholding
Summerway Capital plc (AIM: SWC) announces that Alexander Anton, who is proposed to be the Non-Executive Chairman on admission of the enlarged share capital of Summerway Capital Plc, today purchased 10,000 shares in the capital of the Company ("Ordinary Shares") at a price of 115 pence per Ordinary Share.
His resultant shareholding in Summerway Capital Plc is 1,110,000 equating to 13.8 per cent. of the current issued share capital. This excludes 628,707 Ordinary Shares which will be held by AFS Advisors LLP on admission of the enlarged share capital of Summerway Capital Plc, as a result of Alexander Anton having an indirect one third interest in AFS Advisors LLP.
Mr Anton is a Person Discharging Managerial Responsibilities (PDMR).
Enquiries
Summerway Capital Plc |
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Tony Morris |
Tel: 020 7440 7520 |
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Canaccord Genuity Limited (Nominated Adviser and Broker) |
Tel: 020 7523 8000 |
Andrew Potts |
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This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. |
Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA") |
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a) |
Name |
Mr Alexander Anton |
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2. |
Reason for the notification |
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a) |
Position / status |
Proposed Non-Executive Chairman on admission of the enlarged share capital of Summerway Capital Plc |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Summerway Capital Plc |
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b) |
Legal Entity Identifier |
213800YXCATORT475807 |
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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 |
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a) |
Description of the financial instrument |
Ordinary Shares |
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b) |
Nature of the transaction |
Purchase |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
N/A - single transaction |
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e) |
Date of the transaction |
10 March 2022 (UK) |
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f) |
Place of the transaction |
London Stock Exchange, AIM |