23 May 2019 07:00
23 May 2019
CIP Merchant Capital Limited
("CIP Merchant Capital" or the "Company")
Directors' Dealing
CIP Merchant Capital (AIM: CIP), a closed-ended investment company, announces that it has been informed that Goldfinch SA acquired ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") on 22 May 2019 as shown in the table below. Goldfinch SA is wholly owned in equal proportion by Carlo Sgarbi and Marco Fumagalli, both of whom are directors of the Company.
Directors | Number of Ordinary Shares Acquired | Price per Ordinary Share Acquired (£) | Resultant Holding of Ordinary Shares | % of Issued Share Capital |
Goldfinch SA (wholly owned in equal proportion by Carlo Sgarbi and Marco Fumagalli)
| 1,231,527 | 0.56 | 3,231,527 | 5.88% |
For further information, please contact:
Merchant Capital Manager Limited (Investment Manager) Marco Fumagalli Carlo Sgarbi
| +41 91 225 25 60 |
Strand Hanson Limited (Financial & Nominated Adviser and Broker) Richard Tulloch James Bellman | +44 20 7409 3494 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
PDMR Notification Forms
The notifications below are made in accordance with the requirements of MAR.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Carlo Sgarbi and Marco Fumagalli | ||||
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 | CIP Merchant Capital Limited | ||||
b) | LEI | 213800HBX752BGRVV870 | ||||
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 1 penny each | ||||
Identification code | GG00BF8NW879 | |||||
b) | Nature of the Transaction | Purchase of ordinary shares - market transaction | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume Price | N/A (Single transaction) | ||||
e) | Date of the transaction | 22 May 2019 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.