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Servision PLC Regulatory News (SEV)



Regulatory News for Servision PLC (SEV)


There is currently no data for Servision PLC.





Director/PDMR Shareholding

Thu, 23rd Feb 2017 16:56

RNS Number : 7282X
SerVision plc
23 February 2017
 

23 February 2017

 

SerVision plc 

 

("SerVision", the "Company" or the "Group")

 

Notification of transactions by directors/persons discharging managerial responsibilities

 

Further to the announcement released on 22 February 2017, SerVision (SEV), a leader in mobile live video streaming over wireless and cellular networks, makes the following notification in accordance with the requirements of the EU Market Abuse Regulation.

 

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

Gidon Tahan

2

Reason for the notification

a)

Position/status

Director - Chairman and Chief Executive Officer

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

SerVision plc

b)

LEI

Not available

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 instrument, type of instrument

Identification code

Ordinary shares of 1p each in SerVision plc ("Ordinary Shares")

 

Identification code (ISIN) for SerVision plc ordinary shares: GB00B0586C20

 

b)

Nature of the transaction

A personal guarantee by Gidon Tahan for which security over 9,857,881 Ordinary Shares has been granted to Cascade SVP, LLC should the Company default on the terms of a subscription with Cascade SVP, LLC

 

c)

Price(s) and volume(s)

Price (s): N/A

Volume (s): N/A

 

d)

Aggregated information

- Aggregated volume

- Price

Price (s): N/A

Volume (s): N/A

 

e)

Date of the transaction

21 February 2017

f)

Place of the transaction

Outside of trading venue

 

For further information:

 

 

SerVision plc

+972 2535 0000

Gidon Tahan, Chairman and CEO

 


Allenby Capital Limited (Nominated Adviser and Joint Broker)

+44 (0)20 3328 5656

Nick Athanas / James Reeve 


 

Beaufort Securities Limited (Joint Broker)


Elliot Hance

+44 (0)20 7382 8300

 

Leander PR (Financial PR)


Christian Taylor-Wilkinson

+44 (0)7795 168 157

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHEAKADASLXEFF


Related Shares:
SerVision (SEV)




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