Director dealing & significant shareholder change

RNS Number : 6197Q

Newmark Security PLC

21 October 2019

 

21 October 2019

Newmark Security plc

("Newmark" or the "Company")

Director dealing and change to a significant shareholder

Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, announces that Maurice Dwek, Chairman of the Company, has today purchased 34,200,000 ordinary shares of 1p each of the Company ("Ordinary Shares") by way of a transfer at a price of 1p per share from Mr Elie Dwek (brother of Maurice Dwek).

Following the completion of this transfer, Maurice Dwek has a total beneficial interest in 92,799,467 Ordinary Shares, representing 19.8 per cent of the total issued share capital of the Company.

The notification grid below, which has been included in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Mr Elie Dwek is a significant shareholder of the Company pursuant to the AIM Rules for Companies and with this disposal of Ordinary Shares, Mr Dwek is now interested in 35,500,000 Ordinary Shares, representing 7.57 per cent of the total issued share capital of the Company.

 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	Maurice Dwek
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Newmark Security plc
b)	LEI	213800CL2XGDB1YCLM67
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 in Newmark Security plc Identification code (ISIN) for Newmark Security plc ordinary shares: GB0006596406
b)	Nature of the transaction	purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1p 34,200,000
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) n/a n/a
e)	Date of the transaction	21 October 2019
f)	Place of the transaction	Outside of a trading venue

For further information:

Newmark Security plc
Marie-Claire Dwek, Chief Executive Officer Brian Beecraft, Group Finance Director	Tel: [phone] www.newmarksecurity.com
Allenby Capital Limited (Nominated Adviser and Broker)	Tel: [phone]
James Reeve / Liz Kirchner

 

END

 

 

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