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Director Dealing

Wed, 27th Dec 2017 11:01

RNS Number : 3564A
Bagir Group Ltd
27 December 2017

27 December 2017

Bagir Group Ltd.

("Bagir" or the "Company")

Director Dealing

Bagir (AIM:BAGR), a designer, creator and provider of innovative tailoring, announces that it was notified on 25 December 2017 that following the repayment of a loan by Samuel Vlodinger, a Non-Executive Director of the Company, First Israel Mezzanine Investors Ltd ("FIMI") has returned 214,200 ordinary shares of 0.04 New Israeli Shekels each ("Ordinary Shares") held as security for the repayment of the loan to Mr Vlodinger.

Following the transfer, Mr Vlodinger's total interest in the Company is 633,533 Ordinary Shares, representing 0.2 per cent. of the total voting rights of the Company.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

For further information, please contact:

Bagir Group Ltd.

Eran Itzhak, Chief Executive Officer

Udi Cohen, Chief Financial Officer

Tessa Laws, Non-Executive Chairman

via Novella Communications on:

+44 (0) 20 3151 7008

N+1 Singer

Alex Price

+44 (0) 20 7496 3000

Novella

Tim Robertson

Toby Andrews

+44 (0) 20 3151 7008

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Samuel Vlodinger

2

Reason for the notification

a)

Position/status

Non-Executive Director (PDMR)

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Bagir Group Ltd.

b)

LEI

213800USJ6H6MLJ5P358

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

Ordinary shares of 0.04 New Israeli Shekels each ("Ordinary Shares")

Identification code

IL0011317216

b)

Nature of the transaction

Receipt of Ordinary Shares by a PDMR

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

214,200

d)

Aggregated information

- Aggregated volume

N/A

- Price

e)

Date of the transaction

25 December 2017

f)

Place of the transaction

Off market

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