Last checked at 16 Apr 2024 07:00
16 April 2024
Aurrigo International plc
Director Dealings, Issue of Equity
and
Total Voting Rights
Aurrigo International plc (AIM: AURR, the "Company" or "Aurrigo"), a leading international provider of technology solutions, announces that certain directors have purchased, in aggregate, 21,395 ordinary shares of 0.2 pence each ("Ordinary Shares") in the Company at 95 pence, as detailed below:
Name | Position | Ordinary Shares Acquired
| Enlarged Shareholding | % of Company's issued shares*
|
Penny Coates
| Non-Executive Director
| 10,000 | 370,000 | 0.81% |
Lewis Girdwood
| Executive Director | 10,000 | 230,000 | 0.50% |
Ian Grubb | Chief Financial Officer | 1,395 | 18,395 | 0.04% |
*Based on the number of issued shares following the exercise of options referred to below
In addition, the Company announces that, following an exercise of options by employees, it has issued and allotted 21,395 Ordinary Shares.
These Ordinary Shares are covered by the block listing application previously made for options issued pursuant to the Company's EMI Share Option Plan. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Total Voting Rights
Following the exercise of options referred to above, the Company's total issued share capital consists of 45,846,418 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Accordingly, the total number of voting rights in the Company is 45,846,418.
The above figure of 45,846,418 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Enquires
Aurrigo International plc David Keene, Chief Executive OfficerIan Grubb, Chief Financial Officer
| +44 (0)2476 635818
|
Singer Capital Markets (Nominated Adviser and Sole Broker) Phil Davies, Rick Thompson, Alaina Wong, Jalini Kalaravy
| +44 (0)20 7496 3000
|
Cucumber PR Russ Cockburn | +44 (0)78 1260 0271
|
About Aurrigo International plc
Aurrigo is a leading international provider of transport technology solutions. Headquartered in Coventry, UK, it designs, engineers, manufactures and supplies autonomous vehicles and OEM products to the automotive and transport industries, particularly focusing on aviation. It is highly regarded as a specialist in autonomous and semi-autonomous technology solutions for the aviation, ground handling and cargo industries. Aurrigo has developed six types of autonomous vehicle to date, which can be utilised to reduce costs, resolve operational issues and tackle labour shortages, whilst also improving sustainability. Aurrigo has three divisions, Automotive Technology, Autonomous Technology and Aviation Technology. For more information, see www.aurrigo.com
The following disclosures are made in accordance with Article 19(3) of the Market Abuse Regulation and provides further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Penny Coates |
2
| Reason for the notification
| |
a)
| Position/status
| Non-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
| Aurrigo International plc |
b)
| LEI
|
213800FPH71B7UWC7104 |
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 0.02 pence each
GB00BNG73286
|
b)
| Nature of the transaction
| Purchase of shares
|
c)
| Price(s) and volume(s)
| 10,000 shares at 95 pence per share |
d)
| Aggregated information
| N/A
|
e)
| Date of the transaction
| 15 April 2024
|
f)
| Place of the transaction
| London Stock Exchange |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Lewis Girdwood |
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
| Aurrigo International plc |
b)
| LEI
|
213800FPH71B7UWC7104 |
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 0.02 pence each
GB00BNG73286
|
b)
| Nature of the transaction
| Purchase of shares
|
c)
| Price(s) and volume(s)
| 10,000 shares at 95 pence per share |
d)
| Aggregated information
| N/A
|
e)
| Date of the transaction
| 15 April 2024
|
f)
| Place of the transaction
| London Stock Exchange |
1
| Details of the person discharging managerial responsibilities / person closely associated
| |
a)
| Name
| Ian Grubb |
2
| Reason for the notification
| |
a)
| Position/status
| CFO
|
b)
| Initial notification /Amendment
| Initial notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |
a)
| Name
| Aurrigo International plc |
b)
| LEI
|
213800FPH71B7UWC7104 |
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 0.02 pence each
GB00BNG73286
|
b)
| Nature of the transaction
| Purchase of shares
|
c)
| Price(s) and volume(s)
| 1,395 shares at 95 pence per share |
d)
| Aggregated information
| N/A
|
e)
| Date of the transaction
| 15 April 2024
|
f)
| Place of the transaction
| London Stock Exchange |