Information  X 
Enter a valid email address

Rotala PLC (ROL)

  Print      Mail a friend       Annual reports

Thursday 02 January, 2020

Rotala PLC

Director/PDMR Shareholding

RNS Number : 5562Y
Rotala PLC
02 January 2020
 

 

2 January 2020

Rotala Plc

("Rotala" or "the Company" or "the Group")

 

Change in notifiable holding by a Director of Rotala Plc  

 

The Company has been notified by John Gunn, the Chairman of the Company, that he is, from 1 January 2020, no longer a trustee of three family trusts originally set up for the benefit of his now-adult children. Mr Gunn was never a beneficiary of these trusts, but, because he was a trustee, the shares held by the trusts, amounting in total to 1,252,418 ordinary shares in the Company, were treated as being part of John Gunn's non-beneficial shareholding in the Company. From 1 January 2020 therefore these shares fall to be excluded from the calculation of Mr Gunn's total direct and indirect interest in the Company.  

Accordingly John Gunn now has a total beneficial interest in 5,649,987 Ordinary Shares in the Company, representing approximately 11.28 per cent of the shares in issue, and a total direct and indirect interest in the Company of 7,352,430 ordinary shares, representing approximately 14.68 per cent of the shares in issue.

This change in trustee arrangements has not given rise to any disposal of shares.

 

 For further information please contact:

 

Rotala Plc

0121 322 2222

John Gunn, Chairman
Simon Dunn, Chief Executive
Kim Taylor, Group Finance Director

 

Nominated Adviser & Joint Broker:

Cenkos Securities plc

 

020 7397 8900

Stephen Keys/Callum Davidson (Corporate Finance)
Michael Johnson/Julian Morse (Corporate Broking)

 

Joint Broker: Dowgate Capital Stockbrokers Ltd

0203 903 7715

David Poutney/James Serjeant (Corporate Broking)

 

 

About the business

Rotala provides a range of transport solutions, ranging from local bus services under contract to local authorities, through to commercial bus routes. Rotala has operations at Heathrow airport, in the West Midlands and the North West.

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHBGGDBBUGDGGD

a d v e r t i s e m e n t