Director Dealing

RNS Number : 9832Y

Fulcrum Utility Services Ltd

09 March 2017

 

9 March 2017

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Director Dealing

The Company has been informed that an employee benefit trust ("EBT") of which Stephen Gutteridge, Non-Executive Director of Fulcrum, is a beneficiary, sold 80,000 ordinary shares in Fulcrum at a price of 61.5 pence per share on 8 March 2017. These shares were sold in order to meet income tax and national insurance charges on the EBT due by 31 March 2017.

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	Stephen Gutteridge
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	N/A
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Sale of ordinary shares by an employee benefit trust of which Mr Gutteridge is a beneficiary.
c)	Price(s) and volume(s)	Price(s) Volume(s) 61.5p per share 80,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	8 March 2017
f)	Place of the transaction	London Stock Exchange

Enquiries:

Fulcrum Utility Services Limited Craig Baugh, Head of Marketing and Communications Cenkos Securities plc (Nominated adviser and broker) Max Hartley (Nomad) / Alex Aylen (Sales) Camarco (Financial PR advisers) Ginny Pulbrook / Tom Huddart

[phone] [phone] [phone]

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the main land UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, owning and operating gas pipelines that connect properties to the main UK gas networks.

http://www.fulcrum.co.uk/

 

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