Director/PDMR Shareholding

RNS Number : 3142C

Van Elle Holdings PLC

07 February 2020

 

7 Feburary 2020

Van Elle Holdings plc

('Van Elle', the 'Group' or the 'Company')

Director PDMR Shareholdings

Van Elle Holdings plc (AIM:VANL) announces that it has been notified of the following transaction in ordinary shares of 2 pence each in the Company ("Ordinary Shares").

Mr Mark Cutler, Chief Executive Officer, purchased 55,603 Ordinary Shares in the Company, at a price of 50.0 pence per share.  Following this transaction, Mr Cutler has an interest in 192,767 Ordinary Shares, representing 0.24 per cent. of the issued share capital.

Mr Michael Mason, Group Services Director and a PDMR of the Company, has sold 4,186,961 Ordinary Shares.  Following this transaction, Mr Mason does not have an interest in Ordinary Shares.

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Mark Cutler
2.	Reason for the notification
a.	Position/status	Chief Executive Officer
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 £0.02 each ISIN: GB00BYX4TP46
b.	Nature of the transaction	Purchase of ordinary shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 50.0p 55,603
d.	Aggregated information ·      Aggregated volume ·      Price	n/a
e.	Date of the transaction	6 February 2020
f.	Place of the transaction	London Stock Exchange, AIM

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Mick Mason
2.	Reason for the notification
a.	Position/status	Group Services Director
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Van Elle Holdings plc
b.	LEI	213800LQC6YL8KJT1Y18
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 £0.02 each ISIN: GB00BYX4TP46
b.	Nature of the transaction	Sale of ordinary shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 50.0p 4,186,961
d.	Aggregated information ·      Aggregated volume ·      Price	n/a
e.	Date of the transaction	6 February 2020
f.	Place of the transaction	London Stock Exchange, AIM

Enquiries:

Van Elle Holdings plc
Adrian Barden	Tel: [phone]
Instinctif Partners (Financial Public Relations)	Tel: [phone]
Mark Garraway James Gray Rosie Driscoll
Peel Hunt LLP (Nominated Adviser and Corporate Broker)	Tel: [phone]
Mike Bell Edward Allsopp

 

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