Director/PDMR Shareholding

RNS Number : 4985U

Supply @ME Capital PLC

29 July 2020

 

29 July 2020

Supply@Me Capital plc

("SYME") or (the "Company")

PDMR/PCA shareholding

Supply@Me has been notified by 1AF2 Srl ("1AF2"), which holds 23,91% of SYME shares, that it has transferred as loan security a number of SYME shares to three lending platforms as follows ("Lenders").

-  1,615,253,000 SYME shares transferred to High West Capital Partners LLC

-  778,571,429 SYME shares transferred to Stock Loan Solutions LLC

-  3,500,000,000 SYME shares transferred to Union Pacific Capital Ltd

The shares have been transferred to secure loans (the "Loans") to 1AF2 ("the borrower"), with a minimum two-year duration, after which period 1AF2 confirms that it intends to repay the loans. The Loans may be drawn in a series of tranches over one month and Lenders may trade pledged shares to diversify their portfolio concentration risks. Upon repayment, all 5,893,824,429 SYME shares will be returned to the borrower.

SYME has been further informed by 1AF2 that, subject to regulatory approvals, it will offer to invest funds from the capital raised into the Company's inventory funding process alongside institutions (in the Open-Funding and Self-Funding structures) as described in the Trading Update RNS of 27 July 2020.

Mr Zamboni's 18.98% shareholding in SYME held through Orchestra Group remains unchanged.

Alessandro Zamboni is a Director of 1AF2 and 1AF2 is therefore considered to be closely associated with him under the Market Abuse Regulations.

PDMR/PCA FCA Transaction Notification

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1AF2 Srl
2.	Reason for the Notification
a)	Position/status	PCA of Alessandro Zamboni, CEO of SYME
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Supply@Me Capital Plc
b)	LEI	213800ZY2C2TI2C5WQ61
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	Ordinary shares of 0.002p each in the share capital of Supply@Me Capital plc
	Identification code	ISIN: GB00BFMDJC60
b)	Nature of the Transaction	Pledge of shares for loan security at market price
c)	Price(s) and volume(s) of shares pledged	Price(s) Volume(s) 0.075 pence 0,09 pence 0.07617 pence 1,615,253,000 778,571,429 3,500,000,000
d)	Aggregated information Aggregated volume Price	None
e)	Date of the transactions	24 July 2020 (High West Capital Partners LLC) 28 July 2020 (Stock Loan Solutions LLC) 28 July 2020 (Union Pacific Ltd)
f)	Place of the transaction	London Stock Exchange, UK

Alessandro Zamboni, CEO, Supply@ME Capital plc

Paul Vann, Walbrook PR Limited: [phone]

Brian Norris, Cicero/AMO, [phone]

 

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