Director/PDMR Shareholding

RNS Number : 6309G

Flowtech Fluidpower PLC

30 March 2022

 

NEWS RELEASE Issued on behalf of Flowtech Fluidpower plc Immediate Release Wednesday, 30 March 2022

FLOWTECH FLUIDPOWER PLC

("Flowtech" or the "Company")

Specialist full-service supplier of technical fluid power products and services

Director/ PDMR dealing

Flowtech announces that it has been notified that Jamie Brooke, Non-Executive Director, has purchased a total of 80,000 ordinary shares of 50 pence each in the Company ("Ordinary Shares") on 29 March 2022 at an average price of 129.65 pence per Ordinary Share.

Following this transaction, Mr. Brooke is interested in an aggregate of 80,000 Ordinary Shares representing 0.13% of the Company's issued Ordinary Share Capital.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

ENQUIRIES:

Flowtech Fluidpower plc Bryce Brooks, Chief Executive Russell Cash, Chief Financial Officer Tel: [phone] Email: [e-mail]

Liberum (Nominated adviser and Sole Broker) Richard Lindley / Ben Cryer / William Hall / Will King Tel: [phone]

TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: [phone] or email : [e-mail]

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 / person closely associated
a)	Name	James Brooke
2	Reason for the notification
a)	Position/status	Non-Executive Director / PDMR
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	Ordinary shares of 50 pence each ("Ordinary Shares")
	Identification code	ISIN: GB00BM4NR742
b)	Nature of the transaction	Purchase of 80,000 Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			129.00	25,000
			130.00	25,000
			129.70	10,000
			130.00	20,000
d)	Aggregated information
	- Aggregated volume	80,000
	- Weighted average price	129.65 pence per Ordinary Share
e)	Date of the transaction	29 March 2022
f)	Place of the transaction	XLON

 

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