Share Purchase by Chairman

Volution Group plc

27 March 2024

 

27 March 2024

Volution Group plc

Share Purchase by Chairman

Volution Group plc (LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that it has received notification that Nigel Lingwood, Chairman, purchased 10,000 ordinary shares at a price of £4.2848 pence per share, and his wife purchased 4,785 ordinary shares at a price of £4.2848 pence per share, on 27 March 2024. The transaction took place in London.

As a result of this notification, Nigel Lingwood has a beneficial shareholding in the Company of 19,785 ordinary shares, which represents 0.01% of the Company's voting share capital.

The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide 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
a)	Name	Nigel Lingwood
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	Volution Group plc
b)	LEI	213800EPT84EQCDHO768
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 1 pence each ISIN: GB00BN3ZZ526
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.2848 pence per share 10,000
d)	Aggregated information - Aggregated volume - Price	Not applicable, single transaction.
e)	Date of the transaction	27 March 2024
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Janice Lingwood
2	Reason for the notification
a)	Position/status	PCA/Wife of Nigel Lingwood, 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	Volution Group plc
b)	LEI	213800EPT84EQCDHO768
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 1 pence each ISIN: GB00BN3ZZ526
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £4.2848 pence per share 4,785
d)	Aggregated information - Aggregated volume - Price	Not applicable, single transaction.
e)	Date of the transaction	27 March 2024
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

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Enquiries:

Volution Group plc

Fiona Smith, Company Secretary                     

Note to Editors:

Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions. 

Volution Group comprises 22 key brands across three regions:

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation, VMI, I-Vent.

Australasia: Simx, Ventair, Manrose, DVS.

 

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