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Shearwater Group PLC (SWG)

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Wednesday 08 December, 2021

Shearwater Group PLC

Director/PDMR Shareholding

RNS Number : 8801U
Shearwater Group PLC
08 December 2021
 

8 December 2021

 

SHEARWATER GROUP PLC

("Shearwater" or the "Company")  

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG) announces that on 7 December 2021 Wentworth Limited, a company in which the Company's Chairman, David Williams, has a beneficial interest, purchased 185,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 95 pence per share.

Following this purchase, Mr. Williams is beneficially interested in a total of 1,618,757 Ordinary Shares, representing [6.8]% of the Company's issued ordinary share capital.

The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.

Enquiries:

Shearwater Group plc

David Williams

Phil Higgins

 

www.shearwatergroup.com

c/o Alma PR

Cenkos Securities plc - NOMAD and Joint Broker

Ben Jeynes / Max Gould - Corporate Finance

Julian Morse / Michael Johnson - Sales

 

+44 (0) 20 7397 8900

Berenberg - Joint Broker 

Matthew Armitt / Mark Whitmore

 

+44 (0) 20 3207 7800

Alma PR

Susie Hudson / Caroline Forde / Joe Pederzolli

[email protected] 

+44 (0) 20 3405 0205

 

 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Wentworth Limited

2

Reason for the notification

a)

Position/status

Person closely associated with David Williams, Chairman

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Shearwater Group plc

b)

LEI

213800ZRUKUYDJLKD504

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 1 pence each



GB00B00T3528

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

95 pence

 185,000

d)

Aggregated information

- Aggregated volume

- Price

 

 N/A - single transaction

e)

Date of the transaction

7 December 2021

f)

Place of the transaction

London Stock Exchange, AIM

 

 

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