TIDMCSG

RNS Number : 7011G

Sweett Group PLC

09 August 2016

9 August 2016

Sweett Group plc (the "Company")

Notification of Transaction by Directors/PDMRs

The Company was notified on 9 August 2016 that Patrick Sinclair, Chief Financial Officer, a Director and Person Discharging Management Responsibilities ("PDMR"), exercised share options in the Company as set out below:

 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ---------------------------------------------------------------- 
  a)     Name                      Patrick Sinclair 
-----  ------------------------  -------------------------------------- 
 2      Reason for the notification 
-----  ---------------------------------------------------------------- 
  a)     Position/status           Chief Financial Officer 
-----  ------------------------  -------------------------------------- 
  b)     Initial notification/     Initial Notification 
          Amendment 
-----  ------------------------  -------------------------------------- 
 3      Details of the issuer, emission allowance market 
         participant, auction platform, auctioneer or 
         auction monitor 
-----  ---------------------------------------------------------------- 
  a)     Name                      Sweett Group plc 
-----  ------------------------  -------------------------------------- 
  b)     LEI                       - 
-----  ------------------------  -------------------------------------- 
 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               Ordinary Shares of 10p each in 
          of the financial          Sweett Group plc 
          instrument,               ISIN - GB00B23QD109 
          type of instrument 
          Identification 
          code 
-----  ------------------------  -------------------------------------- 
  b)     Nature of the             Exercise of 138,888 share options 
          transaction               granted on 7 December 2012 under 
                                    the Cyril Sweett 2010 Approved 
                                    Share Option Plan 
-----  ------------------------  -------------------------------------- 
 c)     Price(s) and                      Price(s)           Volume(s) 
         volume(s) 
-----  ------------------------  ------------------------  ------------ 
                      GBP0.18 per share                       138,888 
  -------------------------------------------------------  ------------ 
 d)     Aggregated                Aggregated volume - 138,888 
         information               Price - GBP0.18 
         - Aggregated              Aggregated Price - GBP24,999.84 
         volume 
         - Price 
-----  ------------------------  -------------------------------------- 
  e)     Date of the               09/08/2016 
          transaction 
-----  ------------------------  -------------------------------------- 
  f)     Place of the              London Stock Exchange (XLON), 
          transaction               AIM 
-----  ------------------------  -------------------------------------- 
 

Following this, Mr Sinclair is interested in 219,104 ordinary shares in the Company, representing approximately 0.31 per cent of the enlarged share capital of the Company.

For further information, please contact:

Sweett Group plc

Patrick Sinclair, Chief Financial Officer +44 (0) 20 7061 9000

Philip Watt, Company Secretary

Stockdale Securities Limited +44 (0) 20 7601 6100

Tom Griffiths

Ed Thomas

Camarco +44 (0) 20 3757 4980

Billy Clegg

Georgia Mann

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 09, 2016 09:08 ET (13:08 GMT)

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