Director/PDMR Shareholdings

Unigel Group PLC

10 November 2023

 

Unigel Group plc

(the "Group" or the "Company")

Director / PDMR Shareholdings

Unigel Group plc (AQSE: UNX), the manufacturer and supplier of materials used in the manufacture of telecommunication fibre optic cables announces the transfer of certain shares beneficially held by Eric Chhoa, CEO of the Company, to certain individuals and Mukthiar (Danny) Sohal, a PDMR of the Company, and the sale and purchase of certain shares as part of a separate transfer of shares, from a shareholder to Crystal Koh, a director of Unitape Limited and PDMR of the Company.

Eric Chhoa Share Transfer

The Company was notified on 9 November 2023 that Hikari Capital Limited, a company controlled and majority owned by Eric Chhoa, CEO of the Company, sold 3,505,546 ordinary shares on 8 November 2023 at a price of 64 pence per share ("Share Transfer"). The Share Transfer was completed as an off-market transaction.

Following the Share Transfer, Eric Chhoa holds 6,494,454 ordinary shares in the Company representing 57.55 per cent. of the Company's current issued share capital.

As part of the Share Transfer, Mukthiar (Danny) Sohal, Director of Unigel Inc and Deputy CEO of Unigel (UK) Limited and PDMR of the Company, has acquired ordinary shares in the Company as set out below:

Director / PDMR	Purchase price	Ordinary shares purchased	Resultant interest in ordinary shares	Resultant percentage of issued ordinary shares
Mukhtiar (Danny) Sohal	64 pence	402,364	432,364*	3.83%

*30,000 ordinary shares are held by Sally Singh-Sohal, Spouse of Mukhtiar (Danny) Sohal.

Crystal Koh Share Transfer

The Company was also notified on 9 November 2023 that Crystal Koh, Director of Unitape Limited and PDMR of the Company, acquired 30,000 ordinary shares at a price of 64 pence per ordinary share on 8 November 2023, as part of a share transfer from a shareholder in the Company. Crystal Koh's share transfer was completed as an off-market transaction.

Director / PDMR	Purchase price	Ordinary shares purchased	Resultant interest in ordinary shares	Resultant percentage of issued ordinary shares
Crystal Koh	64 pence	30,000	60,000	0.53%

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

Enquiries:  

Unigel Group plc
Eric Chhoa	[phone]
Gary Revel-Chion	[phone]
Cairn Financial Advisers LLP (AQSE Corporate Adviser)
Jo Turner	[phone]
Ludovico Lazzaretti

Notes to Editors

Unigel Group plc is the holding company whose operating subsidiaries, Unigel (UK) Limited ("Unigel") and Unitape Limited ("Unitape") manufacture and distribute materials used in the manufacture of telecommunication fibre optic cables.

Unigel, in which the Group has a 60.0% holding, formulates, manufactures, and markets thixotropic gels primarily to the fibre optic cable industry. In addition, it also makes specialty gel products for the construction, green energy, and high voltage transmission apparatus markets.

Unitape, a wholly owned subsidiary of the Group, is one of the largest domestic manufacturers and suppliers of laminated steel tapes to the fibre optic cable industry in North America.

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Eric Chhoa
2	Reason for notification
a.	Position/Status	Chief Executive Officer of the Company (also the controller and majority shareholder of Hikari Capital Limited)
b.	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Unigel Group plc
b.	LEI	213800WJ4R4R99242P96
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 0.5 pence each ISIN: GB00BPP4RY41
b.	Nature of the transaction	Sale of ordinary shares pursuant to the Share Transfer
c.	Price(s) and volume(s)		Price Volume 64p 3,505,546
d.	Aggregated information - Aggregated Volume - Price
e.	Date of the transaction	8 November 2023
f.	Place of the transaction	Off-market transaction

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	A)   Mukthiar (Danny) Sohal B)   Crystal Koh
2	Reason for notification
a.	Position/Status	A)   Director of Unigel Inc and Deputy CEO of Unigel (UK) Limited B)   Director of Unitape Limited
b.	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Unigel Group plc
b.	LEI	213800WJ4R4R99242P96
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 0.5 pence each ISIN: GB00BPP4RY41
b.	Nature of the transaction	A)   Purchase of ordinary shares pursuant to the Share Transfer B)   Purchase of ordinary shares
c.	Price(s) and volume(s)		Price Volume A) 64p 402,364 B) 64p 30,000
d.	Aggregated information - Aggregated Volume - Price
e.	Date of the transaction	8 November 2023
f.	Place of the transaction	A)   Off-market transaction B)   Off-market transaction

 

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