7 Apr 2020 17:09
7 April 2020
Fulcrum Utility Services Limited
("Fulcrum" or the "Company")
Director and PCA Dealings
The Company announces that Phil Holder and his wife Hiliary Holder have transferred 119,000 ordinary shares and 111,000 ordinary shares of 0.1p each in Fulcrum ("Ordinary Shares") respectively from their personal holdings into their ISAs. The transfers were effected through a sale of these shares and subsequent repurchase into their ISAs at a price of 16.75p per share.
Following these dealings, Phil Holder's beneficial interest, which includes those shares held by Hiliary Holder, remains unchanged.
The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Phil Holder | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chairman | ||||
b) | Initial notification / amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Fulcrum Utility Services Limited | ||||
b) | LEI | 213800UOG45CW6KZY620 | ||||
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 0.1p each
ISIN: KYG368851047 | ||||
b)
| Nature of the transaction
| Sale of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 7 April 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Phil Holder | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chairman | ||||
b) | Initial notification / amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Fulcrum Utility Services Limited | ||||
b) | LEI | 213800UOG45CW6KZY620 | ||||
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 0.1p each
ISIN: KYG368851047 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares into ISA | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 7 April 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Hiliary Holder | ||||
2 | Reason for the notification | |||||
a) | Position/status | Wife of Phil Holder, Chairman of Fuclrum Utility Services Limited | ||||
b) | Initial notification / amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Fulcrum Utility Services Limited | ||||
b) | LEI | 213800UOG45CW6KZY620 | ||||
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 0.1p each
ISIN: KYG368851047 | ||||
b)
| Nature of the transaction
| Sale of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 7 April 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Hiliary Holder | ||||
2 | Reason for the notification | |||||
a) | Position/status | Wife of Phil Holder, Chairman of Fuclrum Utility Services Limited | ||||
b) | Initial notification / amendment | Initial | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Fulcrum Utility Services Limited | ||||
b) | LEI | 213800UOG45CW6KZY620 | ||||
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 0.1p each
ISIN: KYG368851047 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares into ISA | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
e) | Date of the transaction | 7 April 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
Fulcrum Utility Services Limited Daren Harris, Chief Executive Officer Cenkos Securities plc (Nominated adviser and broker) Max Hartley (Nomad) / Michael Johnson (Sales) Camarco (Financial PR advisers) Ginny Pulbrook / Tom Huddart
| +44 (0)114 280 4102
+44 (0)20 7397 8900
+44(0)203 757 4992
|
Notes to Editors:
Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the mainland UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiaries, Fulcrum Pipelines Limited and Fulcrum Electricity Assets Limited, Fulcrum is also licensed as an Independent Gas Transporter and Independent Distribution Network Operator, owning and operating gas and electrical assets that connect properties to the main UK gas and electricity networks. Fulcrum is also a meter asset manager, owning and operating meter assets across mainland UK.