Director/PDMR Shareholding

Aferian PLC

06 November 2024

 

06 November 2024

Aferian plc

Directors' Dealings

Aferian plc (LSE:AFRN, "Company" or "AFRN") received notification on the 6 November 2024 from Kestrel Partners LLP ("Kestrel") that on the 5 November 2024 it sold, at the request of and on behalf of two discretionary client accounts, an aggregate of 53,214 ordinary shares of 1p each ("Shares") in the Company at an average price of £0.0525 per share.

Sebastian White, a Non-Executive Director of the Company, is a partner of, and holds a beneficial interest in, Kestrel.

Following this transaction, on a combined basis, Kestrel indirectly holds voting rights over 28,798,522 Shares in the Company in which Mr. White has no beneficial interest. This represents 25.90 per cent of the total voting rights in the Company.

Kestrel's interest in the Shares in the Company is held through the following nominees:

Holding type	Nominee	No. of shares	% of total voting rights
Indirect	Bank of New York Nominees Ltd	16,784,114	15.09%
Indirect	JIM Nominees Limited	702,949	0.64%
Indirect	Bank of New York Nominees Ltd	7,463,390	6.71%
Indirect	Northern Trust Company AVFC	3,848,069	3.46%

For further information contact:

Aferian plc Mark Carlisle, Chief Executive Officer	[phone]
Investec plc (NOMAD and Broker) David Anderson / Patrick Robb / Nick Prowting	[phone]

ANNEX

Template for 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	Kestrel Partners LLP
2	Reason for the notification
a)	Position/status	PCA - Sebastian White (non-executive director Aferian plc)
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Aferian plc
b)	LEI	21380068JIMBNNZJL315
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 1p each  ISIN: GB00B013SN63
b)	Nature of the transaction	Sell
c)	Price(s) and volume(s)	5 November 2024 Price(s) Volume(s) £0.0525 53,214 shares
d)	Aggregated information - Aggregated volume - Price	Sell total 53,214 shares at an average price of £0.0525 per share.
e)	Date of the transaction	5 November 2024
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

END