28 Oct 2019 09:14
28 October 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 Carlo Sgarbi, a director of the Company, acquired ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") on 25 October 2019 as shown in the table below.
Directors | Number of Ordinary Shares Acquired | Price per Ordinary Share Acquired (£) | Resultant Holding of Ordinary Shares | % of Issued Share Capital |
Carlo Sgarbi
| 200,000 | 0.56 | 2,330,7631 | 3.97% |
1 This figure comprises Mr Sgarbi's direct holding of 200,000 Ordinary Shares and 2,130,735 Ordinary Shares in which he is beneficially interested as a result of his 50 per cent. interest in Goldfinch SA (which holds, in aggregate, 4,261,527 Ordinary Shares).
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 | ||||
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 | 25 October 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.