Director Share Purchase

Van Elle Holdings PLC

17 June 2024

 

Van Elle Holdings plc

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

PDMR Share Purchase

Van Elle Holdings plc (AIM: VANL) announces that it has been notified that Mr Frank Nelson, Non-Executive Chairman, has purchased 50,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares") each at a price of 37.0 pence per share. Following this purchase, Mr Nelson and those persons closely associated with him, are interested in 190,000 Ordinary Shares, representing approximately 0.18% of the Company's voting share capital.

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	Mr Frank Nelson
2.	Reason for the notification
a.	Position/status	Non-Executive Chairman
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 2p each ISIN: GB00BYX4TP46
b.	Nature of the transaction	Purchase of ordinary shares
c.	Price(s) and volume(s)		Price(s)	Volume(s)
			37.0p	50,000
d.	Aggregated information -       Aggregated volume -       Price	N/A
e.	Date of the transaction	14 June 2024
f.	Place of the transaction	London Stock Exchange, AIM

For further information, please contact:

Van Elle Holdings plc Mark Cutler, Chief Executive Officer Graeme Campbell, Chief Financial Officer	Via Walbrook
Peel Hunt LLP (Nominated Adviser and corporate broker) Ed Allsopp Charlotte Sutcliffe Ben Harrington	Tel: [phone]
Walbrook PR Limited	Tel: [phone] or [e-mail]
Tom Cooper Nick Rome	07971 221 972 or 07748 325 236

About Van Elle Holdings plc:

Van Elle Holdings is the UK's largest specialist geotechnical engineering contractor. Formed in 1984 and listed on AIM in 2016, the Company provides a wide range of ground engineering techniques and services including ground investigation, general and specialist piling, rail geotechnical engineering, modular foundations, and ground improvement and stabilisation services.

Van Elle operates through three divisions: General Piling, Specialist Piling and Rail, and Ground Engineering Services; and is focused on diverse end markets including residential and housing, infrastructure and regional construction - across which the Group has completed more than 20,000 projects over the last 40 years. The Company acquired ScrewFast Foundations Limited in April 2021 and Rock & Alluvium Limited in November 2023.

 

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