Director/PDMR Shareholding

RNS Number : 6262Q

Rotala PLC

22 October 2019

 

RNS

22 October 2019

Rotala Plc

("Rotala" or "the Company" or "the Group")

Director's Dealings

Further to admission of 178,500 new ordinary shares of 25p each (the "Subscription Shares") to trading on AIM on 21 October 2019, the Company announces the following dealings by John Gunn, Non-Executive Chairman, and certain persons closely associated with him, in accordance with article 19(3) of the Market Abuse Regulation. Following the acquisition of the Subscription Shares John Gunn now has a total beneficial interest in 5,649,987 Ordinary Shares in the Company, representing approximately 11.28 per cent of the shares in issue, and a total direct and indirect interest in the Company of 8,604,848 ordinary shares, representing approximately 17.18 per cent of the shares in issue.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Gunn
2	Reason for the notification
a)	Position/status	Non-Executive Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotala plc
b)	LEI	213800ALMQ9Y4K5HPT66
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 25p each value ISIN: GB00B1Z2MP60
b)	Nature of the transaction	Purchase of shares in placing
c)	Price(s) and volume(s)	Price Volume 56 pence per share 44,250
d	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transactions	21 October 2019
f)	Place of the transactions	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Renate Gunn
2	Reason for the notification
a)	Position/status	Wife of John Gunn, Non-Executive Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotala plc
b)	LEI	213800ALMQ9Y4K5HPT66
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 25p each value ISIN: GB00B1Z2MP60
b)	Nature of the transaction	Purchase of shares in placing
c)	Price(s) and volume(s)	Price Volume 56 pence per share 44,250
d	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transactions	21 October 2019
f)	Place of the transactions	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Wengen Pension Plan
2	Reason for the notification
a)	Position/status	Pension plan, the beneficiaries of which are John Gunn (Non-Executive Chairman) and Renate Gunn (wife of John Gunn, Non-Executive Chairman)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rotala plc
b)	LEI	213800ALMQ9Y4K5HPT66
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 25p each value ISIN: GB00B1Z2MP60
b)	Nature of the transaction	Purchase of shares in placing
c)	Price(s) and volume(s)	Price Volume 56 pence per share 90,000
d	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transactions	21 October 2019
f)	Place of the transactions	London Stock Exchange

For further information please contact:

Rotala Plc	0121 322 2222
John Gunn, Chairman Simon Dunn, Chief Executive Kim Taylor, Group Finance Director
Nominated Adviser & Joint Broker: Cenkos Securities plc	020 7397 8900
Stephen Keys/Callum Davidson (Corporate Finance) Michael Johnson/Julian Morse (Corporate Broking)
Joint Broker: Dowgate Capital Stockbrokers Ltd	0203 903 7715
David Poutney/James Serjeant (Corporate Broking)

About the business

Rotala provides a range of transport solutions, ranging from local bus services under contract to local authorities, through to commercial bus routes. Rotala has operations at Heathrow airport, in the West Midlands and the North West.

 

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