Director/PDMR Shareholding

RNS Number : 4577K

Fulcrum Utility Services Ltd

21 September 2016

 

21 September 2016

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Director/PDMR Shareholding

Fulcrum, the UK's market leading independent multi-utility infrastructure and services provider, announces that yesterday it received notification from Philip Holder, Non-executive Chairman, of the following dealings in ordinary shares of 0.1p each ("Ordinary Shares") in the Company.  On 20 September 2016, Mr Holder transferred the following Ordinary Shares to certain family members who are not deemed to be persons closely associated (as defined by MAR):

·      81,000 Ordinary Shares at 37 pence per Ordinary Share; and

·      81,000 Ordinary Shares at nil consideration per Ordinary Share.

As a result of the transfer, Mr Holder has a beneficial interest in 954,666 Ordinary Shares representing approximately 0.6% of the Company's issued share capital.

Template for 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	Philip Holder
2	Reason for the notification
a)	Position/status	Chairman
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	N/A
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	Transfer of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 37p 81,000 Nil 81,000
d)	Aggregated information - Aggregated volume - Price	162,000 As above
e)	Date of the transaction	20 September 2016
f)	Place of the transaction	London Stock Exchange

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

Enquiries:

Fulcrum Utility Services Limited Craig Baugh, Head of Marketing and Communications Cenkos Securities plc (Nominated adviser and broker) Max Hartley (Nomad) / Oliver Baxendale (Sales) Camarco (Financial PR advisers) Ginny Pulbrook  / Tom Huddart

[phone] [phone] [phone]

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the main land UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, owning and operating gas pipelines that connect properties to the main UK gas networks.

http://www.fulcrum.co.uk/

 

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