Director/PDMR Shareholding

RNS Number : 8801U

Shearwater Group PLC

08 December 2021

 

8 December 2021

SHEARWATER GROUP PLC

("Shearwater" or the "Company")  

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG) announces that on 7 December 2021 Wentworth Limited, a company in which the Company's Chairman, David Williams, has a beneficial interest, purchased 185,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 95 pence per share.

Following this purchase, Mr. Williams is beneficially interested in a total of 1,618,757 Ordinary Shares, representing [6.8]% of the Company's issued ordinary share capital.

The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.

Enquiries:

Shearwater Group plc David Williams Phil Higgins	www.shearwatergroup.com c/o Alma PR
Cenkos Securities plc - NOMAD and Joint Broker Ben Jeynes / Max Gould - Corporate Finance Julian Morse / Michael Johnson - Sales	[phone]
Berenberg - Joint Broker  Matthew Armitt / Mark Whitmore	[phone]
Alma PR Susie Hudson / Caroline Forde / Joe Pederzolli	[e-mail]  [phone]

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Wentworth Limited
2	Reason for the notification
a)	Position/status	Person closely associated with David Williams, Chairman
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Shearwater Group plc
b)	LEI	213800ZRUKUYDJLKD504
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 1 pence each GB00B00T3528
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 95 pence  185,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	7 December 2021
f)	Place of the transaction	London Stock Exchange, AIM

 

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