Director/PDMR Shareholding

RNS Number : 6479V

Flowtech Fluidpower PLC

24 July 2018

 

FLOWTECH FLUIDPOWER PLC ("Flowtech" the "Group" or "Company") Director's Dealing
London: Tuesday, 24 July 2018:  AIM listed specialist technical fluid power products supplier Flowtech Fluidpower plc (LSE: AiM: symbol: FLO) announces that it has received notification of the following dealing by Bryce Brooks, Chief Financial Officer. On 23 July 2018 Bryce Brooks sold 125,000 Shares for cash to his Self-Invested Personal Pension Plan ("SIPP") at 172.5p. Following completion of this transaction, Mr Brooks remains to be beneficially interested in 299,160 shares, representing 0.5% of the Ordinary Shares in issue.

Enquiries: Flowtech Fluidpower plc Sean Fennon, Chief Executive Bryce Brooks, Chief Financial Officer Tel: [phone] Email: [e-mail]

Zeus Capital Limited (Nominated Adviser and Broker) Andrew Jones, Alistair Donnelly (corporate finance) Dominic King, John Goold (sales & broking) Tel: [phone] finnCap Limited (Joint Broker) Ed Frisby, Kate Bannatyne (corporate finance) Rhys Williams, Emily Morris (sales & broking) Tel: [phone] TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: [phone] or email: [e-mail]

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bryce Brooks
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Flowtech Fluidpower plc
b)	LEI	213800N68SQY5X5XS290
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 50p each  GB00BM4NR742
b)	Nature of the transaction	(i)           Sale to SIPP (ii)          Purchase by SIPP
c)	Price(s) and volume(s)	(i)           Price(s) Volume(s) 172.5p 125,000 (ii)          Price(s) Volume(s) 172.5p 125,000
d)	Aggregated information -      Aggregated volume -      Price	n/a
e)	Date of the transaction	(i)           23 July 2018 (ii)          23 July 2018
f)	Place of the transaction	(iii)         London Stock Exchange (iv)         London Stock Exchange

 

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