Director/PDMR Shareholding

RNS Number : 6336I

Smoove PLC

05 December 2022

 

Smoove Plc

Director's Dealings & Holdings in Company

Smoove plc (LSE: SMV, "Company" or "SMV") received notification on 5 December 2022 from Kestrel Partners LLP ("Kestrel") that on 30 November, 1 December  and 2 December 2022 it purchased for its discretionary clients a total of 231,735 ordinary shares of 0.4p each ("Shares") in the Company at an average price of £0.371326 per share. The notification also included the matters set out below.

Mr Scott, a non-executive director of SMV, is a partner of, and holds a beneficial interest in Kestrel. Mr Scott is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities") and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in SMV.

Following this notification, Kestrel Opportunities holds (and consequently Mr Scott is deemed to have a beneficial interest in) 13,232,144 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 6,134,946 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 19,367,090 Shares in the Company, which represents 29.86 per cent of the Company's issued share capital.

Kestrel's interest in the Shares in the Company is held through the following nominees:

Holding type	Nominee		No. of shares	% of issued share capital
Indirect	Bank of New York Nominees Ltd		13,232,144	20.40%
Indirect	JIM Nominees Limited		492,235	0.76%
Indirect Indirect	Bank of New York Nominees Ltd Northern Trust Company AVFC		5,426,711 216,000	8.37% 0.33%

For further information contact:

S moove plc	Via Walbrook PR
Jesper With-Fogstrup, CEO
M ichael Cress , Chief Financial Officer
Panmure Gordon (UK) Limited (Nomad & Broker)	Tel: [phone]
Dominic Morley Erik Anderson
Walbrook PR Limited	smoove @walbrookpr.com or Tel: [phone]
Tom Cooper/ Nick Rome

ANNEX

Template for 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	Kestrel Partners LLP ('Kestrel')
2	Reason for the notification
a)	Position/status	PCA - Oliver Rupert Andrew Scott (non-executive director of Smoove plc and Partner in Kestrel)
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Smoove plc
b)	LEI	213800TDUOUSIQT2OT29
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	0.4p Ordinary Shares ISIN: GB00BNG8T458
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	P urchase 30 November 2022 Price(s) Volume(s) £0.37 136,735 shares 01 December 2022 Price(s) Volume(s) £0.367513 47,071 shares 02 December 2022 Price(s) Volume(s) £0.381186 37,929 shares
d)	Aggregated information - Aggregated volume - Price	Total Purchase of 231,735 shares at an average of £0.3 71326.
e)	Date of the transaction	30 November, 1 December and 2 December 2022
f)	Place of the transaction	London AIM

 

END

 

 

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