Director/PDMR Shareholding

RNS Number : 6202X

Downing Renewables & Infrastructure

05 May 2021

 

DOWNING RENEWABLES & INFRASTRUCTURE TRUST PLC

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

On 4 May 2021, Ashley Paxton, a non-executive Director of the Company, transferred 40,000 ordinary shares in the Company, which were previously held in his sole name, to a joint account held in the name of both he and his spouse, Alexandra Paxton, by way of a deed of gift for nil consideration. All 80,000 ordinary shares in the Company belonging to Ashley Paxton and Alexandra Paxton are now held in this joint account.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ashley and Alexandra Paxton
2	Reason for the notification
a)	Position/status	Ashley Paxton - Director Alexandra Paxton - Person Closely Associated with Ashley Paxton
b)	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Downing Renewables & Infrastructure Trust PLC
b)	LEI	2138004JHBJ7RHDYDR62
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 £0.01 each ISIN: GB00BLF7PP25
b)	Nature of the transaction	Transfer of shares from Ashley Paxton to a joint account in the names of Ashley and Alexandra Paxton by deed of gift for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.00 40,000
d)	Aggregated information - Aggregated volume - Price	40,000 £Nil
e)	Date of the transaction	4 May 2021
f)	Place of the transaction	Outside a trading venue

 

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