Thursday 16 July 2020
Volution Group plc
Director Share Purchase
Volution Group plc (the "Company", LSE: FAN) a leading supplier of ventilation products to the residential and commercial construction markets, announces that on 16 July 2020 it received notification that Nigel Lingwood, Independent Non-Executive Director, purchased 5,000 ordinary shares at a price of 180 pence per share on 16 July 2020. The transaction took place in London.
As a result of this notification, Nigel Lingwood has a beneficial shareholding in the Company of 5,000 ordinary shares, which represents 0.0025% of the Company's voting share capital.
The following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Nigel Lingwood |
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2 |
Reason for the notification |
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a) |
Position/status |
Independent Non-Executive Director |
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b) |
Initial notification /Amendment |
Initial notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Volution Group plc |
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b) |
LEI |
213800EPT84EQCDHO768 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 1 pence each
ISIN: GB00BN3ZZ526 |
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b) |
Nature of the transaction
|
Purchase of ordinary shares |
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c)
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Price(s) and volume(s)
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|
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d)
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Aggregated information
- Aggregated volume - Price |
Not applicable, single transaction.
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e) |
Date of the transaction |
16 July 2020 |
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f) |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
- ends -
Enquiries:
Volution Group plc
Michael Anscombe, Company Secretary +44 (0) 1293 441662
Note to Editors:
Volution Group plc (LSE: FAN) is a leading supplier of ventilation systems and products to both the residential and commercial construction markets in the UK, Continental Europe and Australasia.
Volution Group comprises 16 key brands across the three regions:
UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.
Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, inVENTer, Ventilair.
Australasia: Simx, Ventair.
For more information, please go to: www.volutiongroupplc.com