Director/PDMR Shareholding

RNS Number : 4356V

Primorus Investments PLC

02 November 2017

 

Primorus Investments plc

("Primorus" or "The Company")

Director Dealing

Primorus (PRIM.L) announces the following dealing in the ordinary shares of the Company made by a director.

Between 31 October 2017 and 2 November 2017, Donald Strang, Non-Executive Director of the Company, acquired 2,894,006 Primorus ordinary shares at an aggregated price of 0.240 pence per share, representing 0.126% of the Company's issued ordinary share capital.

Following the acquisition, Mr Strang holds an interest in 12,000,000 Primorus ordinary shares, representing 0.523% of the Company's issued ordinary share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

Primorus Investments plc:	[phone]
Alastair Clayton
Nominated Adviser:	[phone]
Cairn Financial Advisers LLP
James Caithie / Sandy Jamieson
Broker:	[phone]
Optiva Securities Limited
Christian Dennis / Jeremy King

About Primorus

Primorus aims to be the leading early-stage investor in pre-IPO and listed companies with a particular focus on natural resources (primarily energy), consumer services and technology. Through its listed structure Primorus may provide individual investors a route to access a range of private and pre-IPO opportunities that are usually the preserve of family offices, VC and private equity funders.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Donald Strang
2	Reason for 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	Primorus Investments PLC
b.	LEI	213800XCLCY5I8O3PP36
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
b.	Nature of the transaction	On market Purchase
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.002400 GBP 0.002407 GBP 0.002396 GBP	152,249 747,863 1,993,894
d.	Aggregated information - Aggregated Volume - Price	2,894,006 0.00225 GBP
e.	Date of the transaction	31/10/2017 - 2/11/2017
f.	Place of the transaction	UK

 

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