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Summerway Cap PLC (SWC)

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Thursday 10 March, 2022

Summerway Cap PLC

Director/PDMR Shareholding

RNS Number : 3844E
Summerway Capital PLC
10 March 2022
 

10 March 2022

Summerway Capital Plc

("Summerway" or the "Company")

Director / PDMR Shareholding

Summerway Capital plc (AIM: SWC) announces that Alexander Anton, who is proposed to be the Non-Executive Chairman on admission of the enlarged share capital of Summerway Capital Plc, today purchased 10,000 shares in the capital of the Company ("Ordinary Shares") at a price of 115 pence per Ordinary Share.

His resultant shareholding in Summerway Capital Plc is 1,110,000 equating to 13.8 per cent. of the current issued share capital. This excludes 628,707 Ordinary Shares which will be held by AFS Advisors LLP on admission of the enlarged share capital of Summerway Capital Plc, as a result of Alexander Anton having an indirect one third interest in AFS Advisors LLP.

Mr Anton is a Person Discharging Managerial Responsibilities (PDMR).

Enquiries

Summerway Capital Plc


Tony Morris

Tel: 020 7440 7520





Canaccord Genuity Limited (Nominated Adviser and Broker) 

Tel: 020 7523 8000

Andrew Potts






  This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.

Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")

a)

Name

Mr Alexander Anton

2.

Reason for the notification

a)

Position / status

Proposed Non-Executive Chairman on admission of the enlarged share capital of Summerway Capital Plc

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Summerway Capital Plc

b)

Legal Entity Identifier

213800YXCATORT475807

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

Ordinary Shares

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Price(s)

Volume(s)

115 pence

10,000

 

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

 

N/A - single transaction

e)

Date of the transaction

10 March 2022 (UK)

f)

Place of the transaction

London Stock Exchange, AIM

 

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