Shearwater Group PLC Director/PDMR Shareholding (3968W)
April 16 2019 - 11:07AM
UK Regulatory
TIDMSWG
RNS Number : 3968W
Shearwater Group PLC
16 April 2019
16 April 2019
SHEARWATER GROUP PLC
("Shearwater" or the "Company")
Director/PDMR Shareholding
Shearwater Group plc (AIM: SWG) today announces that over 15 and
16 April 2019 Phil Higgins, CEO, purchased 5,000,000 Ordinary
Shares at an average price of 1.9775 pence per share.
The Company makes the following disclosures in accordance with
article 19(3) of the Market Abuse Regulation:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name VJM Investments
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Person closely associated with Phil
Higgins, CEO
---------------------------- -------------------------------------
b) Initial notification Initial Notification
/Amendment
---------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Shearwater Group plc
---------------------------- -------------------------------------
b) LEI 213800ZRUKUYDJLKD504
---------------------------- -------------------------------------
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 Ordinary shares of 1 pence each
financial instrument,
type of instrument
Identification code GB00B00T3528
---------------------------- -------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
2.0375p 1,000,000
2.0p 1,000,000
1.95p 1,500,000
1.95p 1,500,000
----------
---------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 5,000,000
- Price GBP98,875.00
---------------------------- -------------------------------------
e) Date of the transaction 15 and 16 April 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM
---------------------------- -------------------------------------
Enquiries:
Shearwater Group plc www.theshearwatergroup.co.uk
David Williams c/o Instinctif Partners
Phil Higgins
Cenkos Securities plc - NOMAD and
Broker
Max Hartley / Giles Balleny - NOMAD
Julian Morse / Michael Johnson - Sales +44 (0) 20 7397 8900
Instinctif Partners - Financial PR shearwater@instinctif.com
Adrian Duffield / Chantal Woolcock +44 (0) 20 7427 1412
/ Kay Larsen
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END
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