Director dealing / PDMR shareholding

RNS Number : 3153D

LifeSafe Holdings PLC

19 October 2022

 

19 October 2022

LifeSafe Holdings plc

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

Director dealing / PDMR shareholding

LifeSafe (AIM: LIFS), a fire safety technology business with innovative fire extinguishing fluid and fire safety products, has been notified that on 17 October 2022, Paul Jameson, Chief Operating Officer, disposed of 25,750 ordinary shares of 1p each in the Company to facilitate personal financial planning, and that the shares were acquired on the same date by Dominic Berger, Executive Chairman.

Director/PDMR	Position	Number of ordinary shares disposed	Price per share (p)
Paul Jameson	Chief Operating Officer	25,750	38.5p

Director/PDMR	Position	Number of ordinary shares acquired	Price per share (p)
Dominic Berger	Executive Chairman	25,750	38.5p

As a result, Paul Jameson now has a total notifiable share interest in the Company of 80,000 ordinary shares.

On 27 July 2022, Capital Plus Partners Limited ("CPP"), a company which is deemed to be ultimately controlled by Mr Berger (given his role as CEO) and therefore whose interest in the Company was considered to be wholly that of Mr Berger, distributed its shares in LifeSafe to certain individuals.

As a result of the distribution of CPP's shares in LifeSafe, Mr Berger's interest in the Company, following yesterday's trade, now amounts to 881,732 representing 4.0% of the Company's issued share capital.

- Ends -

FOR FURTHER ENQUIRIES:

LifeSafe Holdings plc	Via Buchanan
Neil Smith, Chief Executive Officer	Tel: [phone]
Mike Stilwell, Chief Financial Officer	www.lifesafeholdingsplc.com
WH Ireland Limited	Tel: [phone]
Chris Fielding
Darshan Patel
Buchanan Communications	Tel: [phone]
Henry Harrison-Topham	[e-mail]
Kim Looringh-van Beeck
Jack Devoy
George Cleary

Notes to Editors

LifeSafe is a fire safety technology business that develops eco-friendly, novel and innovative fire extinguishing fluids with a range of life-saving fire safety products.  LifeSafe has a highly experienced management team which is seeking to create new markets for the Group in fire safety through new technologies, digital marketing, multi-channel sales and the LifeSafe App.

LifeSafe has developed what the Directors believe to be a market disrupting range of eco-friendly fire safety protection products to both protect (via fire extinguishers) and detect (via carbon monoxide, smoke and heat alarms) fires.  At the centre of the Group's product range is the FER1000 extinguishing fluid, for which the Group has been granted a patent in the UK.  The FER1000 fluid has been developed by LifeSafe to extinguish five different types of fire: electrical, paper, textiles, cooking oil, and petrol and diesel.

The Group's best-selling product using this extinguishing fluid is the StaySafe 5-in-1 fire extinguisher.  It was launched on Amazon Prime in the UK in August 2021 and subsequently became Amazon Prime's top-selling fire extinguisher in the UK in the same month.  The StaySafe 5-in-1 and the PanSafe pan fire extinguisher were launched in Screwfix in Spring 2022 with the StaySafe range of smoke, heat and carbon monoxide detectors.

LifeSafe is developing new fluid derivations and products for launch in 2023.

LifeSafe was admitted to trading on AIM in July 2022 with the ticker LIFS.L.  For additional information please visit https://www.lifesafeholdingsplc.com/ .

LinkedIn: https://www.linkedin.com/company/lifesafe-technologies/

Twitter: https://twitter.com/LifesafeT

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			Paul Jameson
2	Reason for the notification
a)	Position/status			Chief Operating Officer
b)	Initial notification/ Amendment			Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			LifeSafe Holdings plc
b)	LEI			2138004KSXCPNWGSL119
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 GB00BP83Y473
b)	Nature of the transaction			Share Disposal
c)	Price(s) and volume(s)			Price(s) Volume(s) 38.5p 25,750
d)	Aggregated information -  Aggregated volume -  Price			25,750 38.5 p
e)	Date of the transaction			17/10/2022
f)	Place of the transaction			XLON, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name			Dominic Berger
2	Reason for the notification
a)	Position/status			Executive Chairman
b)	Initial notification/ Amendment			Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			LifeSafe Holdings plc
b)	LEI			2138004KSXCPNWGSL119
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 GB00BP83Y473
b)	Nature of the transaction			Share Acquisition
c)	Price(s) and volume(s)			Price(s) Volume(s) 38.5p 25,750
d)	Aggregated information -  Aggregated volume -  Price			25,750 38.5p
e)	Date of the transaction			17/10/2022
f)	Place of the transaction			XLON, AIM

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

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