Director/PDMR Shareholdings

Unigel Group PLC

03 April 2024

 

Unigel Group plc

(the "Group" or the "Company")

Director / PDMR Shareholdings

Unigel Group plc (AQSE: UNX), the manufacturer and supplier of materials used in the manufacture of telecommunication fibre optic cables announces the transfer of 20,000 ordinary shares by Hikari Capital Limited to Magnus Kreuger, a PDMR of the Company. In addition, Sven Janne Sjoden, Non-Executive Chairman of the Company has acquired 20,000 ordinary shares via a share transfer.

Hikari Capital Share Transfer

The Company was notified on 26 March 2024 that Hikari Capital Limited, a company controlled and owned by Eric Chhoa (CEO of the Company) and his spouse,  sold 20,000 ordinary shares on 26 March 2024 at a price of 80 pence per share to Magnus Kreuger, a PDMR of the Company ("Share Transfer"). The Share Transfer was completed as an off-market transaction. Magnus Kreuger's shareholding is set out in the table below.

Director / PDMR	Purchase price	Ordinary shares purchased	Resultant interest in ordinary shares	Resultant percentage of issued ordinary shares
Magnus Kreuger	80 pence	20,000	40,000	0.28%

Following the Share Transfer, Eric Chhoa has indirect interest in 9,647,560 ordinary shares in the Company representing 66.73 per cent. of the Company's current issued share capital. 6,474,454 ordinary shares are indirect interest through Hikari Capital Limited which Eric Chhoa and his spouse own and 3,173,106 ordinary shares indirect interest through Unigel Limited.

Janne Sjoden Share Purchase

The Company was also notified on 26 March 2024 that Sven Janne Sjoden, Non-Executive Chairman of the Company, acquired 20,000 ordinary shares at a price of 80 pence per ordinary share on 26 March 2024, as part of a share transfer from a shareholder in the Company. Sven Janne Sjoden's share purchase was completed as an off-market transaction.

Director / PDMR	Purchase price	Ordinary shares purchased	Resultant interest in ordinary shares	Resultant percentage of issued ordinary shares
Sven Janne Sjoden	80 pence	20,000	40,000	0.28%

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

Enquiries:  

Unigel Group plc
Eric Chhoa	[phone]
Gary Revel-Chion	[phone]
Cairn Financial Advisers LLP (AQSE Corporate Adviser)
Jo Turner	[phone]
Ludovico Lazzaretti

Notes to Editors

Unigel Group plc is the holding company whose operating subsidiaries, Unigel (UK) Limited ("Unigel") and Unitape Limited ("Unitape") manufacture and distribute materials used in the manufacture of telecommunication fibre optic cables.

Unigel formulates, manufactures, and markets thixotropic gels primarily to the fibre optic cable industry. In addition, it also makes specialty gel products for the construction, green energy, and high voltage transmission apparatus markets.

Unitape is one of the largest domestic manufacturers and suppliers of laminated steel tapes to the fibre optic cable industry in North America.

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	Eric Chhoa
2	Reason for notification
a.	Position/Status	Chief Executive Officer of the Company (also the controller and majority shareholder of Hikari Capital Limited)
b.	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Unigel Group plc
b.	LEI	213800WJ4R4R99242P96
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 0.5 pence each ISIN: GB00BPP4RY41
b.	Nature of the transaction	Sale of ordinary shares pursuant to the Share Transfer
c.	Price(s) and volume(s)		Price Volume 80p 20,000
d.	Aggregated information - Aggregated Volume - Price
e.	Date of the transaction	26 March 2024
f.	Place of the transaction	Off-market transaction

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	A)   Magnus Kreuger B)   Sven Janne Sjoden
2	Reason for notification
a.	Position/Status	A)   PDMR B)   Non-Executive Chairman of the Company
b.	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Unigel Group plc
b.	LEI	213800WJ4R4R99242P96
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 0.5 pence each ISIN: GB00BPP4RY41
b.	Nature of the transaction	A)   Purchase of ordinary shares pursuant to the Share Transfer B)   Purchase of ordinary shares
c.	Price(s) and volume(s)		Price Volume A) 80p 20,000 B) 80p 20,000
d.	Aggregated information - Aggregated Volume - Price
e.	Date of the transaction	26 March 2024
f.	Place of the transaction	A)   Off-market transaction B)   Off-market transaction

 

END