Director/PDMR Shareholding

RNS Number : 2326A

Infrastructure India plc

22 March 2017

 

22 March 2017

Infrastructure India plc

("IIP" or the "Company" or, together with its subsidiaries, the "IIP Group")

Director / PDMR Shareholding

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that it has been notified that Tim Walker, a non-executive director of the Company, purchased 100,000 ordinary shares in the Company ("Ordinary Shares") at a price of 5.75 pence per Ordinary Share on 21 March 2017 and that Mr. Walker purchased a further 100,000 Ordinary Shares at a price of 6.00 pence per Ordinary Share on 22 March 2017.

As a result, Mr. Walker is now beneficially interested in a total of 481,667 Ordinary Shares, representing 0.07% of the Company's issued ordinary share capital.

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Walker
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Infrastructure India plc
b)	LEI	213800M623GQQAG11656
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 1p each
	Identification code	IM00B2QVWM67
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.0575	100,000
d)	Aggregated information
	Aggregated volume	N/A - single transaction
	Price	N/A - single transaction
e)	Date of the transaction	21 March 2017
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Walker
2	Reason for the notification
a)	Position/status	PDMR (Director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Infrastructure India plc
b)	LEI	213800M623GQQAG11656
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 1p each
	Identification code	IM00B2QVWM67
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.06	100,000
d)	Aggregated information
	Aggregated volume	N/A - single transaction
	Price	N/A - single transaction
e)	Date of the transaction	22 March 2017
f)	Place of the transaction	London Stock Exchange (XLON)

Ends -

Enquiries:

Infrastructure India plc        Sonny Lulla	www.iiplc.com Via Cubitt Consulting
Smith & Williamson Corporate Finance Limited Nominated Adviser & Joint Broker Azhic Basirov / Ben Jeynes	[phone]
Nplus1 Singer Advisory LLP Joint Broker Gillian Martin - Corporate Finance James Waterlow - Investment Fund Sales	[phone]
Cubitt Consulting Limited Financial Public Relations Simon Brocklebank-Fowler	[phone]

 

END

 

 

DSHBSGDXISDBGRD