Director/PDMR Shareholding

RNS Number : 1775O

Nanoco Group PLC

15 May 2018

 

NANOCO GROUP PLC

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

Nanoco Group plc ("Nanoco" or the "Company") announces today that on 14 May 2018, Michael Edelman, Chief Executive Officer disposed of 1,700,000 Ordinary Shares at an average price of 42.2p in order to settle personal commitments and, on 9 May 2018, transferred 150,000 Ordinary Shares into a charitable donor advised fund at a value of 48.98p which subsequently sold the shares at the average price 44.47p. Following this disposal, Michael Edelman holds a beneficial interest of 3,124,350 Ordinary Shares in the Company representing 1.09% of the total issued share capital.

1	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Michael Edelman
2	Reason for the notification
(a)	Position/status	Director (CEO)
(b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Nanoco Group plc
(b)	LEI	213800HOSJEZO1KOCV33
4	Details of the transaction(s)
(a)	Description of the financial instrument, type of instrument	Ordinary shares of 10p each
	Identification code	ISIN: GB00B01JLR99
(b)	Nature of the transaction	Sale of shares
(c)	Price(s) and volume(s)	Date Price(s) Volume Type 14/05/2018 42.0p 1,500,000 sale 14/05/2018 43.7p 200,000 sale 09/05/2018 48.98p 150,000 transfer 14/05/2018 43.0p 20,000 sale 14/05/2018 43.1p 10,000 sale 14/05/2018 43.2p 9,000 sale 14/05/2018 43.25p 21,295 sale 14/05/2018 43.3p 5,000 sale 14/05/2018 43.45p 20,099 sale 14/05/2018 43.65p 9,453 sale 14/05/2018 45.0p 6,058 sale 14/05/2018 45.9p 14,555 sale 14/05/2018 46.35p 5,000 sale 11/05/2018 46.45p 13,133 sale 11/05/2018 47.0p 3,349 sale 11/05/2018 48.0p 5,000 sale 10/05/2018 48.05p 7,293 sale 10/05/2018 48.1p 765 sale
(d)	Aggregated information
	·             Aggregated volume	Sale volume:  1,850,000 Ordinary shares Average price: 42.38p (excluding the transfer of 150,000 ordinary shares above)
(e)	Date of the transaction	As above
(f)	Place of the transaction	London Stock Exchange (XLON); Main Market

The person responsible for arranging for the release of this announcement on behalf of the Company is David Blain, Chief Financial Officer.

 

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