Director/PDMR Shareholding

RNS Number : 3968W

Shearwater Group PLC

16 April 2019

 

16 April 2019

SHEARWATER GROUP PLC

("Shearwater" or the "Company") 

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG) today announces that over 15 and 16 April 2019 Phil Higgins, CEO, purchased 5,000,000 Ordinary Shares at an average price of 1.9775 pence per share.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	VJM Investments
2	Reason for the notification
a)	Position/status	Person closely associated with Phil Higgins, CEO
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Shearwater Group plc
b)	LEI	213800ZRUKUYDJLKD504
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 1 pence each GB00B00T3528
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2.0375p  1,000,000 2.0p  1,000,000 1.95p  1,500,000 1.95p  1,500,000
d)	Aggregated information - Aggregated volume - Price	5,000,000 £98,875.00
e)	Date of the transaction	15 and 16 April 2019
f)	Place of the transaction	London Stock Exchange, AIM

Enquiries:

Shearwater Group plc David Williams Phil Higgins	www.theshearwatergroup.co.uk c/o Instinctif Partners
Cenkos Securities plc - NOMAD and Broker Max Hartley / Giles Balleny - NOMAD Julian Morse / Michael Johnson - Sales	[phone]
Instinctif Partners - Financial PR Adrian Duffield / Chantal Woolcock / Kay Larsen	[e-mail]   [phone]

 

END

 

 

DSHBUGDSLGBBGCL