Director dealing & significant shareholder change

RNS Number : 4993A

Newmark Security PLC

29 May 2019

 

29 May 2019

Newmark Security plc

("Newmark" or the "Company")

Director dealing and change to a significant shareholder

Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, announces that Marie-Claire Dwek, Chief Executive Officer of the Company, has purchased 2,500,000 ordinary shares of 1p each of the Company ("Ordinary Shares") by way of an off-market transfer at a price of 1p per share from Mr Elie Dwek (uncle of Marie-Claire and brother of Newmark's Chairman, Maurice Dwek).

Following the completion of this transfer, Marie-Claire Dwek will have a total beneficial interest in 2,500,000 Ordinary Shares, representing 0.53 per cent of the total issued share capital of the Company.

The notification grid below, which has been included in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Mr Elie Dwek is a significant shareholder of the Company pursuant to the AIM Rules for Companies and with this disposal of Ordinary Shares, Mr Dwek is now interested in 69,700,000 Ordinary Shares, representing 14.87 per cent of the total issued share capital of the Company.

 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	Marie-Claire Dwek
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Newmark Security plc
b)	LEI	213800CL2XGDB1YCLM67
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 1p each in Newmark Security plc Identification code (ISIN) for Newmark Security plc ordinary shares: GB0006596406
b)	Nature of the transaction	purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1p 2,500,000
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	28 May 2019
f)	Place of the transaction	Outside of a trading venue

For further information:

Newmark Security plc
Marie-Claire Dwek, Chief Executive Officer Brian Beecraft, Group Finance Director	Tel: [phone] www.newmarksecurity.com
Allenby Capital Limited (Nominated Adviser and Broker)	Tel: [phone]
James Reeve / Liz Kirchner

 

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