Director dealing / PDMR shareholding

RNS Number : 5969M

LifeSafe Holdings PLC

13 January 2023

 

13 January 2023

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 fluids and fire safety products, has been notified that on 12 January 2023, Neil Smith, Chief Executive Officer, transferred 26,700 shares to his spouse, Francesca Smith. On the same date, immediately after the transfer, Neil Smith and Francesca Smith each disposed of 25,130 ordinary shares of 1p each in the Company to facilitate personal financial planning. 9,600 shares were acquired on the same date by Dominic Berger, Executive Chairman with 20,000 shares being acquired by an existing shareholder in the Company.

Director/PDMR	Position	Number of ordinary shares disposed	Price per share (p)
Neil Smith	Chief Executive Officer	25,130	50p
Francesca Smith	Spouse of Neil Smith	25,130	50p

Director/PDMR	Position	Number of ordinary shares acquired	Price per share (p)
Dominic Berger	Executive Chairman	9,600	50p

As a result, Dominic Berger now has a total notifiable share interest in the Company of 891,332 ordinary shares, representing 4.03% of the Company's issued share capital and the aggregate holding of Neil Smith (including Francesca Smith) now amounts to 163,340 ordinary shares, representing 0.74% 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]
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 and multi-channel sales.

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 for the industrial market and in December 2022, the Company launched its Lithium Thermal Runaway Fluid to combat thermal runaway in lithium battery fires by permanently extinguishing and preventing the re-ignition of lithium fires.

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			Neil Smith
2	Reason for the notification
a)	Position/status			Chief Executive 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) 50p 25,130
d)	Aggregated information -  Aggregated volume -  Price			25,130 50 p
e)	Date of the transaction			12/01/2023
f)	Place of the transaction			XLON, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name			Francesca Smith
2	Reason for the notification
a)	Position/status			Spouse of Neil Smith
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) 50p 25,130
d)	Aggregated information -  Aggregated volume -  Price			25,130 50 p
e)	Date of the transaction			12/01/2023
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) 50p 9,600
d)	Aggregated information -  Aggregated volume -  Price			9,600 50 p
e)	Date of the transaction			12/01/2023
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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