Director/PDMR Shareholding

RNS Number : 5010V

Infrastructure India plc

09 April 2019

 

9 April 2019

Infrastructure India plc

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

Director/PDMR Shareholding

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that on 8 April 2019 that, Sonny Lulla, Chief Executive Officer of the Company, purchased 600,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 3.83 pence per Ordinary Share.

Following this transaction, Mr. Lulla is now beneficially interested in a total of 2,500,000 Ordinary Shares, representing 0.37% of the Company's issued ordinary share capital.

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further details.

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	Rahul (Sonny) Lulla
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)
		£0.020 £0.028 £0.045 £0.038 £0.045	30,000 150,000 120,000 100,000 200,000
d)	Aggregated information
	Aggregated volume	600,000
	Price	Average of £0.0383 pence per ordinary share (aggregate value of £23,000)
e)	Date of the transaction	8 April 2019
f)	Place of the transaction	AIMX

Enquiries:

Infrastructure India plc        Sonny Lulla	www.iiplc.com
Cenkos Securities plc   Nominated Adviser & Joint Broker Azhic Basirov / Ben Jeynes	[phone]
Nplus1 Singer Advisory LLP Joint Broker James Maxwell - Corporate Finance James Waterlow - Investment Fund Sales	[phone]
Novella Financial PR Tim Robertson / Toby Andrews	[phone]

 

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