Director dealings

RNS Number : 3934C

Starvest PLC

13 April 2017

 

13 April 2017

Starvest Plc ("Starvest" or "the Company")

Director dealings

The Company advises that John Watkins, a director of the Company, notified the company on 7 April 2017 and 12 April 2017 that he carried out the following transactions in the Company's stock in order to transfer stock to an ISA in his name:

·     On 7 April 2017:  Sold 100,000 ordinary shares at 2.0 pence per share;

·     On 7 April 2017:  Bought 97,906 ordinary shares at 2.03 pence per share;

·     On 12 April 2017:  Sold 500,000 ordinary shares at 2.0 pence per share;

·     On 12 April 2017:  Bought 497,831 ordinary shares at 2.006 pence per share.

Following these transactions, John Watkins' interest in the Company's ordinary share capital totals 2,362,879, of which 1,200,000 are held by his wife, Diane Mary Watkins.

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Callum N Baxter Chairman & Chief Executive 13 April 2017

Enquiries to:

Callum Baxter, Chairman [e-mail] or John Watkins, Finance Director 07768 512 404; [e-mail]

Colin Aaronson or Harrison Clarke - Grant Thornton UK LLP  -  020 7383 5100.

Nick Emerson or Andy Thacker - SI Capital Limited  -  01483 413500

END                                                              

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Watkins
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Starvest plc
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
b)	Nature of the transaction	1.   Sale of ordinary shares 2.     Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. 0.02 2. 0.0203 100000 97,906
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) 1. 0.02 2. 0.0203 100000 97,906
e)	Date of the transaction	07 April 2017
f)	Place of the transaction	No trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Watkins
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Starvest plc
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
b)	Nature of the transaction	1.   Sale of ordinary shares 2.     Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 1. 0.02 2. 0.02006 500000 497,831
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) 1. 0.02 2. 0.02006 500000 497,831
e)	Date of the transaction	12 April 2017
f)	Place of the transaction	No trading venue

 

END

 

 

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