Director/PDMR Shareholding

RNS Number : 1220G

Primorus Investments PLC

24 May 2017

 

Primorus Investments plc

("Primorus" or the "Company")

Director Dealing

Primorus (PRIM.L) announces the following dealing in the ordinary shares of the Company made by a director.

On 22 May 2017, Alastair Clayton, Executive Director of the Company, acquired 30,250,000 Primorus ordinary shares at an aggregated price of 0.12 pence per share, representing 2.4% of the Company's issued ordinary share capital. Following the acquisition, Mr Clayton now holds an interest in 30,250,000 Primorus ordinary shares, representing 2.4% of the Company's issued ordinary share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

Primorus Investments plc:	[phone]
Alastair Clayton
Nominated Adviser:	[phone]
Cairn Financial Advisers LLP
James Caithie / Sandy Jamieson
Broker:	[phone]
Optiva Securities Limited
Christian Dennis / Jeremy King

About Primorus

Primorus aims to be the leading early-stage investor in pre-IPO and listed companies with a particular focus on natural resources (primarily energy), consumer services and technology. Through its listed structure Primorus may provide individual investors a route to access a range of private and pre-IPO opportunities that are usually the preserve of family offices, VC and private equity funders.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Alastair Raoul Clayton
2	Reason for notification
a.	Position/Status	Executive Director
b.	Initial notification/ Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Primorus Investments PLC
b.	LEI	213800XCLCY5I8O3PP36
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
b.	Nature of the transaction	On market Purchase
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.0013 GBP 0.0013 GBP 0.00131 GBP 0.00098 GBP 0.00098 GBP	5,000,000 10,000,000 10,000,000 2,500,000 2,750,000
d.	Aggregated information - Aggregated Volume - Price	30,250,000 0.001244 GBP
e.	Date of the transaction	22/05/2017
f.	Place of the transaction	UK

 

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