Director/PDMR Shareholding

RNS Number : 0696E

Synnovia PLC

01 July 2019

 

1 July 2019

Synnovia plc

("Synnovia" or the "Group")

 Director/PDMR Dealings

The Company announces a transfer by the trustee of the FR Family Discretionary Trust, of which Faisal Rahmatallah, Chairman of the Group, is a discretionary beneficiary. The transfer was made to the trust of which Mr Rahmatallah's wife is a discretionary beneficiary.   

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	R&H Trust Co (Jersey) Limited as Trustee of the FR Family Discretionary Trust
2	Reason for the notification
a)	Position/status	The FR Family Discretionary Trust, a PCA with Faisal Rahmatallah, Chairman of the Group
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Synnovia plc
b)	LEI	213800EN5TUVOZKU6W30
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 ISIN:      GB00B289KK20
b)	Nature of the transaction	Transfer of ordinary shares of 1p each from the FR Family Discretionary Trust
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil  512,463
d)	Aggregated information - Aggregated volume  - Price	N/A - single transaction
e)	Date of the transactions	1 July 2019
f)	Place of the transactions	Off market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	R&H Trust Co (Jersey) Limited as Trustee of the Sable Trust
2	Reason for the notification
a)	Position/status	Sable Trust of which Jane Margaret O'Riordan, Wife of Faisal Rahmatallah, Chairman of Synnovia plc (separated, decree Nisi) is a discretionary beneficiary
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Synnovia plc
b)	LEI	213800EN5TUVOZKU6W30
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 ISIN:      GB00B289KK20
b)	Nature of the transaction	Receipt of ordinary shares of 1p each from the FR Family Discretionary Trust
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil  512,463
d)	Aggregated information - Aggregated volume  - Price	N/A - single transaction
e)	Date of the transactions	1 July 2019
f)	Place of the transactions	Off market

For further information, please contact:

Synnovia plc	Tel: [phone]
Faisal Rahmatallah, Chairman
Nick Ball, Finance Director
Cenkos Securities	Tel: [phone]
(Nomad and joint broker)
Mark Connelly
Callum Davidson
Allenby Capital Limited	Tel: [phone]
(Joint broker)
David Hart

 

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