Update on Director's Dealing

RNS Number : 2984C

FireAngel Safety Technology Group

17 June 2021

 

17 June 2021

FireAngel Safety Technology Group plc

('FireAngel', the 'Group' or the 'Company')

Update on Director's dealing

Further to its announcement of 19 May 2021 ("Announcement"), FireAngel (AIM:FA), one of Europe's leading developers and suppliers of home safety products, has been notified that, whilst John Conoley, Executive Chairman of the Company, and his wife subscribed in full for their Open Offer Entitlements, due to a clerical error were only partially successful in their application for their full Excess Open Offer Entitlements. Thus, their total subscription under the Open Offer was for, in aggregate, 172,623 Open Offer Shares and not 181,211 Open Offer Shares as previously announced.

As a result, Mr Conoley and his wife have a total beneficial interest, in aggregate, of 724,463 Ordinary Shares, representing 0.40 per cent. of the Company's share capital.

Capitalised terms in this announcement have the same meaning as given in the Announcement.

For further information please contact:

FireAngel Safety Technology Group plc  024 7771 7700
John Conoley Executive Chairman
Zoe Fox Group Chief Financial Officer

Shore Capital (Nominated adviser & Joint Broker)                           0207 408 4050
Tom Griffiths/David Coaten

N+1 Singer (Joint Broker)                                                                        0207 496 3000
Rick Thompson/Alex Bond

Houston (Financial PR)                                                                            0204 529 0549
Kate Hoare/Laura Stewart

Notes to Editors

About FireAngel Safety Technology Group plc

FireAngel's mission is to protect and save lives by making innovative, leading-edge home safety products which are simple and accessible. FireAngel is one of the market leaders in the European home safety products market. 

FireAngel's principal products are connected smoke alarms, CO alarms, heat alarms and accessories.  The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories.  Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, FireAngel Specification and AngelEye.

For further product information, please visit:  www.fireangeltech.com

 

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