discoverIE Group plc Director/PDMR Shareholding (5191J)
December 05 2018 - 5:12AM
UK Regulatory
TIDMDSCV
RNS Number : 5191J
discoverIE Group plc
05 December 2018
5 December 2018
discoverIE Group plc
Director/PDMR Shareholding
discoverIE Group plc (LSE:DSCV, the "Company"), a leading
international designer, manufacturer and supplier of customised
electronics to industry, announces that on 4 December 2018, Malcolm
Diamond acquired 5,362 ordinary shares of 5p each in the Company at
a price of GBP3.73.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Malcolm Diamond
--------------------------------- --------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position / status Non-Executive Chairman
--------------------------------- --------------------------------------
b) Initial notification / amendment Initial notification
--------------------------------- --------------------------------------
3 Details of issuer
-------------------------------------------------------------------------
a) Name discoverIE Group plc
--------------------------------- --------------------------------------
b) LEI 213800BMDLQU1VEEAN68
--------------------------------- --------------------------------------
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 Ordinary shares of 5p each
instrument, type of instrument in discoverIE Group plc
Identification code GB0000055888
--------------------------------- --------------------------------------
b) Nature of the transaction Share acquisition
--------------------------------- --------------------------------------
c) Price(s) and volume(s) Price Volume
372.85 pence
per share 5,362
-------
--------------------------------- --------------------------------------
d) Aggregated information Price Volume Total
372.85 5,362 GBP19,997.58
pence per
share
------- -------------
--------------------------------- --------------------------------------
e) Date of the transaction 4 December 2018
--------------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, Main
Market (XLON)
--------------------------------- --------------------------------------
Notes to Editors:
About discoverIE Group plc
discoverIE Group plc is an international group of businesses
that designs, manufactures and supplies innovative components for
electronic applications.
The Group provides application-specific components to original
equipment manufacturers ("OEMs") internationally. With in-house
engineering capability, we are able to design components to meet
customer requirements, which are then manufactured and supplied,
usually on a repeating basis, for their ongoing production needs.
This generates a high level of repeating revenue and long term
customer relationships.
By focusing on key markets which are driven by structural growth
and increasing electronic content, namely renewable energy,
transportation, medical and industrial connectivity, the Group aims
to (achieve) organic growth that is well ahead of GDP and to
supplement that with targeted complementary acquisitions.
The Group employs c.4,000 people and its principal operating
units are located in Continental Europe, the UK, China, Sri Lanka,
India and North America.
The Group is listed on the Main Market of the London Stock
Exchange and is a member of the FTSE Small Cap Index, classified
within the Electrical Components and Equipment subsector, and has
revenue of GBP0.4bn. Over the last five years, revenue and
underlying earnings per share has more than doubled.
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 rns@lseg.com or visit www.rns.com.
END
DSHBGBDDIGGBGIU
(END) Dow Jones Newswires
December 05, 2018 05:12 ET (10:12 GMT)
Discoverie (LSE:DSCV)
Historical Stock Chart
From Mar 2024 to Apr 2024
Discoverie (LSE:DSCV)
Historical Stock Chart
From Apr 2023 to Apr 2024
