Director/PDMR Shareholding

RNS Number : 8228J

Zambeef Products PLC

14 September 2016

 



                                                                                                                14 September 2016

Zambeef Products Plc

("Zambeef" or the "Company")

Director Dealing

Zambeef (AIM: ZAM), the fully integrated food producer with operations in Zambia, Nigeria and Ghana, announces that on 13 September 2016, Graham John Clark, Non-Executive Director of the Company, bought 1,000,000 ordinary shares of ZMW0.01 each in Zambeef ("Ordinary Shares") at an average price of 15.19 pence per Ordinary Share.

Following the Share Purchase, Graham John Clark has a beneficial interest and voting rights in 1,000,000 Ordinary Shares, representing approximately 0.33 per cent. of the Company's current issued Ordinary Shares.

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Graham John Clark
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Zambeef Products Plc
b)	Legal Entity Code	N/A
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 ZMW0.01 ZM0000000201
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s	Price(s) Volume(s) £0.1519 per share 1,000,000
d)	Aggregated information Aggregated volume Price	N/A - single transaction
e)	Date of the transaction	13/09/2016
f)	Place of the transaction	London Stock Exchange XLON

For further information, please contact:
Zambeef Products plc Carl Irwin, Joint Chief Executive Officer Francis Grogan, Joint Chief Executive Officer	Tel: [phone]
Strand Hanson Limited (Financial & Nominated Adviser)	Tel: [phone]
James Spinney
Ritchie Balmer Frederick Twist
Finncap (Broker)	Tel: [phone]
Joanna Scott
Raymond Greaves
Powerscourt (Financial PR) Nick Dibden Sophie Moate Nick Brown	Tel: [phone]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

-Ends-

 

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