Director/PDMR Shareholding

RNS Number : 1245L

Safestyle UK PLC

28 April 2020

 

For immediate release

28 April 2020

SAFESTYLE UK PLC

("Safestyle" or the "Company")

Directors' / PDMR Dealings

Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, announces that, pursuant to the Placing described in the announcement dated 7 April 2020 and titled "Proposed Conditional Placing to raise £8.5 million", the following Directors have purchased, in aggregate, 619,000 ordinary shares of £0.01 each (the "Ordinary Shares") in the Company at a price of 17 pence per Ordinary Share.

Each Director's individual participations are set out in the table below.

Director	Number of Ordinary Shares prior to Admission of Placing Shares	Number of Placing Shares acquired	Resulting number of Ordinary Shares	Percentage of Enlarged Share Capital
Alan Lovell	180,000	270,000	450,000	0.34 %
Mike Gallacher	50,000	150,000	200,000	0.15 %
Rob Neale	125,000	150,000	275,000	0.21 %
Fiona Goldsmith	20,000	30,000	50,000	0.04 %
Julia Porter	9,671	19,000	28,671	0.02 %

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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	i)  Alan Lovell ii)  Mike Gallacher iii)  Rob Neale iv)  Fiona Goldsmith v)  Julia Porter
2	Reason for the notification
a)	Position/status	i)  Non-Executive Chairman ii)  Chief Executive Officer iii)  Chief Financial Officer iv)  Non-Executive Director v)  Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Safestyle UK plc
b)	LEI	213800N1ZQBB3E7P8W75
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 £0.01 each ISIN: JE00BGP63272
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Name Price(s) Volume(s) i Alan Lovell 17.0p 270,000 ii Mike Gallacher 17.0p 150,000 iii Rob Neale 17.0p 150,000 iv Fiona Goldsmith 17.0p 30,000 v Julia Porter 17.0p 19,000
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	28 April 2020
f)	Place of the transaction	London Stock Exchange, AIM

Enquiries:

Safestyle UK plc Mike Gallacher, Chief Executive Officer Rob Neale, Chief Financial Officer	via FTI Consulting
Zeus Capital Limited (Nominated Adviser & Joint Broker) Dan Bate / Daniel Harris / Dominic King	Tel: [phone]
Liberum Capital Limited (Joint Broker) Neil Patel / Jamie Richards / Laura Hamilton	Tel: [phone]
FTI Consulting (Financial PR) Alex Beagley / James Styles / Sam Macpherson	Tel: [phone]

About Safestyle UK plc

The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market.  For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk .

 

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