Director/PDMR Shareholding

Sabien Technology Group PLC

28 March 2024

 

28 March 2024

Sabien Technology Group plc

("Sabien" or the "Company")

Director/PDMR/PCA Shareholding

Sabien Technology Group plc (AIM:SNT), the company focused on a green aggregation strategy, announces that that Richard Parris, Executive Chairman and CEO of Sabien, has undertaken "Bed and ISA" transactions involving 313,000 ordinary shares of 3 pence each in the Company ("Ordinary Shares").  This involved the sale of 313,000 Ordinary Shares held by Mr Parris and the simultaneous purchase of 156,500 Ordinary Shares in Individual Savings Accounts ("ISA") held by both Mr Parris and his wife.

Following the transactions, Richard Parris' interest remains unchanged at 5,081,459 Ordinary Shares, representing approximately 21.91% of the Company's issued share capital, including shares held by Persons Closely Associated.

The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details. 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Parris
2	Reason for the notification
a)	Position/status	Executive Chairman and CEO
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sabien Technology Group Plc
b)	LEI	213800S5QG1SMGHFHY68
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 3p each in Sabien Technology Group Plc Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.500p 313,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	27 March 2024
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Parris
2	Reason for the notification
a)	Position/status	Executive Chairman and CEO
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sabien Technology Group Plc
b)	LEI	213800S5QG1SMGHFHY68
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 3p each in Sabien Technology Group Plc Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.507p 156,500
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	27 March 2024
f)	Place of the transaction	London Stock Exchange, XLON

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mrs JK Murphy
2	Reason for the notification
a)	Position/status	PCA of Richard Parris, Executive Chairman and CEO
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Sabien Technology Group Plc
b)	LEI	213800S5QG1SMGHFHY68
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 3p each in Sabien Technology Group Plc Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 12.507p 156,500
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	27 March 2024
f)	Place of the transaction	London Stock Exchange, XLON

For Further Information:

Sabien Technology Group plc

Richard Parris, Executive Chairman                                                                  [phone]

Scott Fulton, Investor Relations                                                                         [e-mail]

Allenby Capital Limited (Nominated Adviser)

John Depasquale / Nick Harriss / Vivek Bhardwaj                                          [phone]

Peterhouse Capital Limited (Broker)

Duncan Vasey / Lucy Williams                                                                           [phone]

 

END