TIDMMWG

RNS Number : 6485X

Modern Water PLC

01 May 2019

1 May 2019

Modern Water plc

("Modern Water" or "the Company")

Director/PDMR Shareholding

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 
                   / person closely associated 
                 ------------------------------------------------------------------- 
 a)               Name                                Simon Humphrey 
                 ----------------------------------  ------------------------------- 
 2                Reason for the notification 
                 ------------------------------------------------------------------- 
 a)               Position / status                   Executive Director 
                 ----------------------------------  ------------------------------- 
 b)               Initial notification / amendment    Initial notification 
                 ----------------------------------  ------------------------------- 
 3                Details of the issuer, emission allowance market participant, 
                   auction platform, auctioneer or auction monitor 
                 ------------------------------------------------------------------- 
 a)               Name                                Modern Water plc 
                 ----------------------------------  ------------------------------- 
 b)               LEI                                 213800MTSDJQ13UBC211 
                 ----------------------------------  ------------------------------- 
 4                Details of the transaction(s): section to be repeated 
                   for (i) each type of instrument; (ii) each type of transaction; 
                   (iii) each date; (iv) each place where transactions have 
                   been conducted 
                 ------------------------------------------------------------------- 
 a)               Description of financial            Ordinary shares of 0.25pence 
                   instrument,                         each 
                   type of instrument 
                 ----------------------------------  ------------------------------- 
                  Identification Code                 GB00B1XF5X66 
                 ----------------------------------  ------------------------------- 
 b)               Nature of the transaction           Grant of options 
                 ----------------------------------  ------------------------------- 
 c)               Price(s) and volume(s) 
                                                             *    GBPnil 
 
 
                                                             *    400,000 
                 ----------------------------------  ------------------------------- 
 d)               Aggregated information 
                   - Aggregated volume                        *    400,000 
                   - Price 
 
                                                              *    GBPnil 
                 ----------------------------------  ------------------------------- 
 e)               Date of the transaction             26 April 2019 
                 ----------------------------------  ------------------------------- 
 f)               Place of the transaction            London 
                 ----------------------------------  ------------------------------- 
 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                Doug Workman 
     ----------------------------------  ------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position / status                   President, Monitoring Division 
     ----------------------------------  ------------------------------- 
 b)   Initial notification / amendment    Initial notification 
     ----------------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                                Modern Water plc 
     ----------------------------------  ------------------------------- 
 b)   LEI                                 213800MTSDJQ13UBC211 
     ----------------------------------  ------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; (iv) each place where transactions have 
       been conducted 
     ------------------------------------------------------------------- 
 a)   Description of financial            Ordinary shares of 0.25pence 
       instrument,                         each 
       type of instrument 
     ----------------------------------  ------------------------------- 
      Identification Code                 GB00B1XF5X66 
     ----------------------------------  ------------------------------- 
 b)   Nature of the transaction           Grant of options 
     ----------------------------------  ------------------------------- 
 c)   Price(s) and volume(s) 
                                                 *    GBPnil 
 
 
                                                 *    200,000 
     ----------------------------------  ------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                        *    200,000 
       - Price 
 
                                                  *    GBPnil 
     ----------------------------------  ------------------------------- 
 e)   Date of the transaction             26 April 2019 
     ----------------------------------  ------------------------------- 
 f)   Place of the transaction            London 
     ----------------------------------  ------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                 Toby Schumacher 
     -----------------------------------  ------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position / status                    General Counsel & Company 
                                            Secretary 
     -----------------------------------  ------------------------------ 
 b)   Initial notification / amendment     Initial notification 
     -----------------------------------  ------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                                 Modern Water plc 
     -----------------------------------  ------------------------------ 
 b)   LEI                                  213800MTSDJQ13UBC211 
     -----------------------------------  ------------------------------ 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; (iv) each place where transactions have 
       been conducted 
     ------------------------------------------------------------------- 
 a)   Description of financial             Ordinary shares of 0.25pence 
       instrument,                          each 
       type of instrument 
     -----------------------------------  ------------------------------ 
      Identification Code                  GB00B1XF5X66 
     -----------------------------------  ------------------------------ 
 b)   Nature of the transaction            Grant of options 
     -----------------------------------  ------------------------------ 
 c)   Price(s) and volume(s) 
                                                  *    GBPnil 
 
 
                                                  *    300,000 
     -----------------------------------  ------------------------------ 
 d)   Aggregated information 
       - Aggregated volume                         *    300,000 
       - Price 
 
                                                   *    GBPnil 
     -----------------------------------  ------------------------------ 
 e)   Date of the transaction              26 April 2019 
     -----------------------------------  ------------------------------ 
 f)   Place of the transaction             London 
     -----------------------------------  ------------------------------ 
 

For further information please contact:

 
                                                     +44 (0)1483 696 
 Modern Water plc                                     000 
 Simon Humphrey, Chief Executive 
 
 Cairn Financial Advisers LLP (Nominated           +44 (0) 207 213 0880 
  Adviser) 
 Sandy Jamieson / Tony Rawlinson 
  Ludovico Lazzaretti 
 Turner Pope Investments (Broker)                  +44 (0) 20 3621 4120 
  Andy Thacker 
 
 
 
 

Notes to Editors:

About Modern Water

Modern Water is a pioneering and innovative technology company, specialising in membrane water treatment solutions and advanced monitoring products. The Company works for customers in a range of industries across the globe and owns proprietary technologies for use in a diverse range of applications. Modern Water's Monitoring Division has a portfolio of world-leading toxicity and trace metal monitoring products, some of which constitute the regulatory standard. The headline technology of the Company's Membrane Division, called "AMBC", can be used to tackle complex wastewater treatment problems at a reduced cost compared to standard processes, while being simple to operate.

www.modernwater.com

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

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