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Ocean Outdoor Ltd (OOUT)

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Wednesday 19 January, 2022

Ocean Outdoor Ltd

Director/PDMR Shareholding

RNS Number : 9886Y
Ocean Outdoor Limited
19 January 2022
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The attached individual notifications made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the issue of new Ordinary shares in Ocean Outdoor Limited (the "Company") to persons discharging managerial responsibilities ("PDMR") as a result of the automatic re-designation of Founder Preferred Shares into Ordinary shares in accordance with the Company's articles of association.

The following directors have obtained an interest in the number of shares in the Company as set out in each of the notifications below.

This announcement is made in accordance with article 19.3 of MAR.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Andrew M. Barron

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

 

Ocean Outdoor Limited

b)

 

LEI

 

2138008YIB9PP7J64M75

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 no par value

 

 

VGG6702A1084

b)

 

Nature of the transaction

 

Automatic re-designation of Founder Preferred Shares into Ordinary shares on a one-for-one basis in accordance with the Company's articles of association

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

Nil

18,375

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

18,375

 

Nil

e)

 

Date of the transaction

 

17/01/2022

f)

 

Place of the transaction

 

Outside a trading venue

 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

 LionTree Ocelot LLC

 

2

 

Reason for the notification

a)

 

Position/status

Aryeh Bourkoff, Chairman of Ocean Outdoor Limited, exercises managerial control over LionTree Ocelot LLC

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Ocean Outdoor Limited

b)

 

LEI

 

2138008YIB9PP7J64M75

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 no par value

 

 

VGG6702A1084

b)

 

Nature of the transaction

 

Automatic re-designation of LionTree Ocelot LLC's Founder Preferred Shares into Ordinary shares on a one-for-one basis in accordance with the Company's articles of association.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

Nil

49,875

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

49,875

 

 

Nil

e)

 

Date of the transaction

 

17/01/2022

f)

 

Place of the transaction

 

Outside a trading venue

 

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