Director/PCA Dealings

RNS Number : 9138X

Fulcrum Utility Services Ltd

10 January 2022

 

10 January 2022

Fulcrum Utility Services Limited

("Fulcrum" or the "Company")

Director/PCA Dealings

The Company announces that on 10 January 2022, pursuant to the placing that was announced on 15 December 2021, the following Directors and Persons Closely Associated ("PCA") purchased ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares"). Furthermore, connected parties of Jonathan Turner, namely the respective pension funds of Jonathan Turner and his spouse, have acquired an aggregate of 1,583,333 Ordinary Shares pursuant to the open offer that was launched on 17 December 2021.

Details of all purchases can be seen below:

Name	Type of Purchase	No. of Shares Purchased	Price per share	Resultant holding post transaction (%)
Terry Dugdale, Chief Executive Officer	Placing shares	166,667	12.0p	191,667 (0.05%)
Jennifer Babington, Non-executive Chair	Placing shares	166,667	12.0p	191,627 (0.05%)
Dominic Lavelle, Non-executive Director	Placing shares	166,667	12.0p	266,667 (0.03%)
Harwood Capital LLP PCA to Jeremy Brade (Non-executive Director)	Placing shares	83,333,334	12.0p	114,892,352 (28.8%)
The Bayford Group controlled by Jonathan Turner (Non-executive Director) and its connected parties	Placing & Open Offer shares	72,416,667	12.0p	106,765,648 (26.7%)

Enquiries:

Fulcrum Utility Services Limited

Terry Dugdale, Chief Executive Officer    [phone]

Cenkos Securities plc (Nominated adviser and broker)

Camilla Hume / Callum Davidson (Nomad)  / Michael Johnson (Sales)           [phone]

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider. The Group operates nationally with its head office in Sheffield, UK. It designs, builds, owns and maintains utility infrastructure and offers smart meter exchange programmes.

https://investors.fulcrum.co.uk/

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Terry Dugdale
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification / amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	213800UOG45CW6KZY620
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.0p per share 166,667
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	10 January 2022
f)	Place of the transaction	London Stock Exchange (AIM)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jennifer Babington
2	Reason for the notification
a)	Position/status	Non-Executive Chair
b)	Initial notification / amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	213800UOG45CW6KZY620
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.0p per share 166,667
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	10 January 2022
f)	Place of the transaction	London Stock Exchange (AIM)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dominic Lavelle
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification / amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	213800UOG45CW6KZY620
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.0p per share 166,667
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	10 January 2022
f)	Place of the transaction	London Stock Exchange (AIM)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Harwood Capital LLP
2	Reason for the notification
a)	Position/status	a Person Closely Associated (PCA) with Jeremy Brade, Non-Executive Director of the Company
b)	Initial notification / amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	213800UOG45CW6KZY620
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.0p per share 83,333,334
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	10 January 2022
f)	Place of the transaction	London Stock Exchange (AIM)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bayford Group and connected parties
2	Reason for the notification
a)	Position/status	a Person Closely Associated (PCA) with Jonathan Turner, Non-Executive Director of the Company
b)	Initial notification / amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	213800UOG45CW6KZY620
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.0p per share 72,416,667
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	10 January 2022
f)	Place of the transaction	London Stock Exchange (AIM)

 

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