Director/PDMR Shareholding

RNS Number : 7324E

Aquila Services Group PLC

09 November 2020

 

For immediate release

9 November 2020

Aquila Services Group plc

("Aquila" or the "Company")

Director/PDMR Shareholding

Aquila, the quoted parent company of three main trading subsidiaries which provide professional consultancy and support services to organisations and businesses involved in the affordable housing, education, sports and community services sectors announces that it has been informed of the following dealings by a PDMR.

On 29 September 2020, Chris Wood, a director of the Company's subsidiaries, in principal agreed to sell off-market 17,000 shares (held in certificated form) to 5 members of staff, in blocks of 1,000 shares for 24.7p per share being the midmarket price on 21 September 2020 of 26p, less a discount of 5% due to not selling through a broker.

The individual sales and stock transfer forms were subsequently executed and sent out to the individuals on 6 October 2020. Settlement and execution of the transfers was delayed due to the relevant share certificate being mislaid and pending issue of a replacement certificate by the Registrars.

On 4 November 2020, Aquila was informed that following issue of the replacement certificate, the settlement of the transfer of 7,000 shares had taken place on 22 October 2020 and the remaining 10,000 have been lodged with the stamp duty office awaiting approval for subsequent settlement. 

Following the sale of 17,000 shares, Mr Wood remains interested in 3,262,440 shares in Aquila representing 8.18% of the Company's issued share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

The information contained in Appendix 1 below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

For further information please visit www.aquilaservicesgroup.co.uk . or contact:

Aquila Services Group plc

Claire Banks, Group Finance Directors

Tel: [phone] 

Beaumont Cornish Limited, Financial Adviser

Roland Cornish

Tel: [phone]

Appendix 1

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Christopher Wood
2	Reason for notification
a)	Position / status	PDMR
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer,  emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Aquila Services Group plc
b)	LEI	213800YHTDDQX5MZZW83
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification code	Ordinary Shares of £0.05 each ISIN GB00BPYP3Q26
	Nature of the transaction	Sale of 17,000 ordinary shares
	Price(s) and volumes(s)	Price(s) Volumes(s) 24.7p 17,000
d)	Aggregated information	17,000 ordinary shares
e)	Date of the transaction	2020 /10/06
f)	Place of the transaction	Outside a trading venue

 

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