5 Aug 2016 08:28
Clipper Logistics plc
("Company" or "Clipper")
Notification of Director's Dealings
On 04 August 2016 Clipper was informed that Oak from Acorn LLP an entity connected with and ultimately controlled by Mr Steven Parkin sold ordinary shares of 0.05 pence each ("Ordinary Shares") in the Company. The Company has been informed that the sale was affected in response to a high level of institutional demand.
Details of the transactions are listed below:
Director/Person Discharging Managerial Responsibility | Number of Ordinary Shares sold on 4th August 2016 | Name of registered shareholder(s) | Price per share | Total beneficial holding following this notification | Total percentage of issued share capital |
Steven Parkin (Executive Chairman) | 797,100
| Oak from Acorn LLP | 287.5 | 30,000,000 | 30.00% |
The Company is satisfied that there are no other matters which should be disclosed to the market in connection with this transaction in its shares.
-Ends-
Enquires
Clipper: | +44 (0)113 204 2050 | |
Steve Parkin, Executive Chairman | ||
Tony Mannix, Chief Executive Officer | ||
David Hodkin, Chief Financial Officer
| ||
Public Relations Advisers: | ||
Bell Pottinger: | +44 (0) 20 3772 2496 | |
David Rydell | ||
Dan de Belder | ||
James Newman | ||