Directors' Dealings

RNS Number : 8687U

Fulcrum Utility Services Ltd

02 April 2019

 

2 April 2019

Fulcrum Utility Services Limited

("Fulcrum" or the "Company")

Directors' Dealings

The Company announces the following purchases of new ordinary shares of 0.1p each in Fulcrum ("Ordinary Shares") made by certain Directors today, 2 April 2019:

Director	Description	Ordinary Shares acquired	Price paid per share
Phil Holder	Chairman	50,000	34.2206p
Martin Harrison	Chief Executive Officer	56,543	35.35p
Steve Gutteridge	Non-Executive Director	30,000	34.125p

Following these acquisitions:

·      Phil Holder's total beneficial interest is 1,004,666 Ordinary Shares, including those held by his wife;

·      Martin Harrison's total beneficial interest is 3,482,330 Ordinary Shares, including those held by his wife; and

·      Steve Gutteridge's total beneficial interest is 149,166 Ordinary Shares.

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	Phil 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	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) 34.2206p 50,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	2 April 2019
f)	Place of the transaction	London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Martin Harrison
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 into personal ISA
c)	Price(s) and volume(s)	Price(s) Volume(s) 35.35p 56,543
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	2 April 2019
f)	Place of the transaction	London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Gutteridge
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 for benefit of Mr Gutteridge's SIPP
c)	Price(s) and volume(s)	Price(s) Volume(s) 34.125p 30,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	2 April 2019
f)	Place of the transaction	London Stock Exchange - AIM

Enquiries:

Fulcrum Utility Services Limited Hazel Griffiths, Chief Financial Officer Cenkos Securities plc (Nominated adviser and broker) Max Hartley (Nomad) / Michael Johnson (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 mainland UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiaries, Fulcrum Pipelines Limited and Fulcrum Electricity Assets Limited, Fulcrum is also licensed as an Independent Gas Transporter and Independent Distribution Network Operator, owning and operating gas and electrical assets that connect properties to the main UK gas and electricity networks. Fulcrum is also a meter asset manager, owning and operating meter assets across mainland UK.

In 2018 Fulcrum acquired the Dunamis Group, an electrical infrastructure services company, creating one of the UK's leading gas and electrical infrastructure services groups.

 

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