Director/PDMR Shareholding

RNS Number : 9997F

Flowtech Fluidpower PLC

18 July 2019

 

NEWS RELEASE Issued on behalf of Flowtech Fluidpower plc Thursday, 18 July 2019 Immediate release

FLOWTECH FLUIDPOWER PLC ("Flowtech Fluidpower" the "Group" or "Company") Director / PDMR Dealing

Flowtech Fluidpower plc (Symbol: AIM: FLO), the UK's leading specialist supplier of technical fluid power products, announces that it has been notified of the following dealings by Bryce Brooks, Chief Executive Officer. On 03 July 2019 Bryce Brooks sold 45,160 ordinary shares of 50p each ("Ordinary Shares") for cash to his Self-Invested Personal Pension ("SIPP") at a price of 123.0p per Ordinary Share. Following this transaction, Mr Brooks' beneficial interest in Ordinary Shares remains unchanged.

Enquiries to: Flowtech Fluidpower plc Bryce Brooks, Chief Executive Officer Russell Cash, Chief Financial Officer Tel: [phone] Email [e-mail] LSE: AIM symbol FLO Zeus Capital Limited (Nominated Adviser and Broker) Andrew Jones, Alistair Donnelly (corporate finance) Dominic King, John Goold (sales & broking) Tel: [phone] finnCap Limited (Joint Broker) Ed Frisby, Kate Bannatyne (Corporate Finance) Rhys Williams, Andrew Burdis (Sales & Broking) Tel: + 44 (0) 20 7220 0500 TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: [phone] or email: [e-mail]

The information below, set out in accordance with the requirements of the MAR, provides further detail.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bryce Brooks
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	Flowtech Fluidpower plc
b)	LEI	213800N68SQY5X5XS290
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 50p each  GB00BM4NR742
b)	Nature of the transaction	(i)            Sale to SIPP (ii)           Purchase by SIPP
c)	Price(s) and volume(s)	(i)            Price(s) Volume(s) 123.00p 45,160 (ii)           Price(s) Volume(s) 123.00p 45,160
d)	Aggregated information -      Aggregated volume -      Price	(i) Sale to SIPP 45,160 123.00p (ii) Purchase by SIPP 45,160 123.00p
e)	Date of the transaction	(i)            03 July 2019 (ii)           03 July 2019
f)	Place of the transaction	(i)            London Stock Exchange, AIM (ii)           London Stock Exchange, AIM

 

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