Director/PDMR Shareholding

RNS Number : 9992G

Kitwave Group PLC

01 April 2022

 

1 April 2022

Kitwave Group plc

("Kitwave", the "Group" or the "Company")

Director/PDMR Shareholding

 
Kitwave Group plc (AIM: KITW), the delivered wholesale business, was today notified that Gerard Murray, Non Executive Director of the Company, and his PCAs today purchased an aggregate of 30,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 144.5 pence per Ordinary Share.

Following the transaction Mr Murray and his PCAs hold 70,000 Ordinary Shares in the Company, equating to a beneficial shareholding of 0.1%. 

- Ends -

For further information please contact:

Kitwave Group plc Paul Young, Chief Executive Officer David Brind, Chief Financial Officer www.kitwave.co.uk	Tel: [phone]
Canaccord Genuity Limited (Nominated Adviser and Sole Broker) Bobbie Hilliam Georgina McCooke Alex Aylen - Sales	Tel: [phone]
Yellow Jersey PR (Financial media and PR) Sarah Hollins Henry Wilkinson James Lingfield	Tel: [phone]

Company Overview

Founded in 1987, following the acquisition of a single-site confectionery wholesale business based in North Shields, United Kingdom, Kitwave is a delivered wholesale business, specialising in selling and delivering impulse products, frozen and chilled foods, alcohol, groceries and tobacco to approximately 39,000, mainly independent, customers.

With a network of 27 depots, Kitwave is able to support delivery throughout the UK to a diverse customer base, which includes independent convenience retailers, leisure outlets, vending machine operators, foodservice providers and other wholesalers, as well as leading national retailers.

The Group's growth to date has been achieved both organically and through a strategy of acquiring smaller, predominantly family-owned, complementary businesses in the fragmented UK grocery and foodservice wholesale market.

Kitwave Group plc (AIM: KITW) was admitted to trading on AIM of the London Stock Exchange on 24 May 2021.

For further information, please visit  www.kitwave.co.uk  .

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:	Gerard Murray
2	Reason for the notification
a)	Position/Status:	Non Executive Director
b)	Initial Notification/Amendment:	Initial Notification
3	Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)	Name:	Kitwave Group plc
b)	LEI:	2138007DLCYPVY95UD40
4.	Details of 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: Identification code:	Ordinary Shares of 1 pence each ISIN: GB00BNYKB709
b)	Nature of the transaction:	Purchase of Ordinary Shares
c)	Price(s) and volume(s):	Price(s)	Volume(s)
		144.5 pence	15,000
d)	Aggregated volume: Price:	n/a single transaction
e)	Date of the Transaction:	1 April 2022
f)	Place of the Transaction:	London Stock Exchange (XLON); AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Marta Fernandez Varona
2	Reason for the notification
a)	Position/Status:	PCA of Gerard Murray, Non Executive Director
b)	Initial Notification/Amendment:	Initial Notification
3	Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)	Name:	Kitwave Group plc
b)	LEI:	2138007DLCYPVY95UD40
4.	Details of 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: Identification code:	Ordinary Shares of 1 pence each ISIN: GB00BNYKB709
b)	Nature of the transaction:	Purchase of Ordinary Shares
c)	Price(s) and volume(s):	Price(s)	Volume(s)
		144.5  pence	15,000
d)	Aggregated volume: Price:	n/a single transaction
e)	Date of the Transaction:	1 April 2022
f)	Place of the Transaction:	London Stock Exchange (XLON); AIM

 

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