TIDMPRIM

RNS Number : 4803Y

Primorus Investments PLC

06 December 2017

Primorus Investments plc

("Primorus" or "The Company")

Director Dealing

Primorus (PRIM.L) announces the following dealing in the ordinary shares of the Company made by a director.

On 5 December 2017, Alastair Clayton, Executive Director of the Company, acquired 10,000,000 Primorus ordinary shares at an aggregated price of 0.1855 pence per share, representing 0.36 % of the Company's issued ordinary share capital. Following the acquisition, Mr Clayton now holds an interest in 80,000,000 Primorus ordinary shares, representing approximately 2.86% of the Company's issued ordinary share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

 
 Primorus Investments plc:         +44 (0) 20 7440 0640 
 Alastair Clayton 
 
 Nominated Adviser:                +44 (0) 20 7213 0880 
 Cairn Financial Advisers LLP 
 James Caithie / Sandy Jamieson 
 
 Broker:                           +44 (0) 0203 621 4120 
 Tuner & Pope Investments 
 Andy Thacker 
 
 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------- 
 a.     Name                          Alastair Raoul Clayton 
                                     ----------------------------------- 
 2      Reason for 
         notification 
       ----------------------------  ----------------------------------- 
 a.     Position/Status               Executive Director 
       ----------------------------  ----------------------------------- 
 b.     Initial notification/         Initial 
         Amendment 
       ----------------------------  ----------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
       ----------------------------------------------------------------- 
 a.     Name                          Primorus Investments PLC 
       ---------------------------- 
 b.     LEI                           213800XCLCY5I8O3PP36 
       ----------------------------  ----------------------------------- 
 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 the financial 
         instrument, 
         type of instrument 
 
         Identification 
         Code 
       ----------------------------  ----------------------------------- 
 b.     Nature of the                 On market Purchase 
         transaction 
       ----------------------------  ----------------------------------- 
 
 c.     Price(s) and                         Price(s)     Volume(s) 
         volume(s) 
       ----------------------------         ----------- 
                                             0.00185 
                                              GBP         5,000,000 
     0.00186 
      GBP                                                  5,000,000 
   ----------------------------------------------------  ----------- 
 
 d.     Aggregated 
         information 
   - Aggregated                  10,000,000 
    Volume 
   - Price                        0.001855 GBP 
 ----------------------------  ----------------------------------------- 
 e.     Date of the                   5/12/2017 
         transaction 
       ----------------------------  ----------------------------------- 
 f.     Place of the                  UK 
         transaction 
       ----------------------------  -----------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 06, 2017 02:00 ET (07:00 GMT)

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