Director/PDMR Shareholding

RNS Number : 8653Q

Fulcrum Utility Services Ltd

02 March 2021

 

2 March 2021

Fulcrum Utility Services Limited

("Fulcrum" or the "Company")

Director & PCA Dealings

The Company announces that Jonathan Turner, Non-Executive Director, has transferred 5,116,738 ordinary shares of 0.1p each ("Ordinary Shares") from his personal holding to Bayford Group, a person closely associated ("PCA") to Jonathan.

Furthermore, Jonathan's wife, Karen Turner, has transferred 642,654 Ordinary Shares from her personal holding to her SIPP.

Following these transactions, the Bayford Group (controlled by Jonathan Turner) and its connected parties remain beneficially interested in 32,698,981 Ordinary Shares, which includes all shares held by Jonathan, his wife, and their pension plans. 

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	Jonathan Turner
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	Disposal via transfer of ordinary shares for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) Date of transaction Nil 5,116,738 26 February 2021
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	26 February 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bayford Group
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	Acquisition of ordinary shares via transfer for nil consideration from Jonathan Turner
c)	Price(s) and volume(s)	Price(s) Volume(s) Date of transaction Nil 5,116,738 26 February 2021
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	26 February 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Karen Turner
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	Transfer of shares from personal holding to SIPP for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s) Date of transaction Nil 642,654 26 February 2021
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	26 February 2021
f)	Place of the transaction	London Stock Exchange

Enquiries:

Fulcrum Utility Services Limited

Terry Dugdale, Chief Executive Officer    [phone]

Jenny Cutler, Chief Financial Officer

Cenkos Securities plc (Nominated adviser and broker)

Max Hartley / Callum Davidson (Nomad) / Michael Johnson (Sales)     [phone]

N+1 Singer (Joint Corporate Broker)

Sandy Fraser / Rachel Hayes / Carlo Spingardi     [phone]

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider. The Group operates nationally with its head office in Sheffield, UK and its main business is the design, build, ownership and maintenance of energy connections and their related utility infrastructure including the EV charging network. The Group's offering also extends to smart meter ownership and exchange programmes, and the selective ownership and maintenance of utility networks and infrastructure.

https://investors.fulcrum.co.uk/  

 

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