27 Sep 2019 16:31
FastForward Innovations Ltd / AIM: FFWD / Sector: Closed End Investments
27 September 2019
FastForward Innovations Ltd ("FastForward", "FFWD" or the "Company")
Director Dealing
FastForward Innovations Ltd, the AIM listed closed end investment fund with a focus on disruptive high growth technology and life sciences businesses, announces that Finance Director, Lance De Jersey, has today purchased 400,000 Ordinary Shares of 1p each in the Company ("Ordinary Shares") (the "Purchase") at an average price of 5.9p per Ordinary Share. Following the Purchase, Mr De Jersey's holding in FastForward is 400,000 Ordinary Shares representing approximately 0.25% of the Company's issued share capital.
CAUTIONARY STATEMENT
The AIM Market of London Stock Exchange plc does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding potential values, the future plans and objectives of FastForward Innovations Ltd. There can be no assurance that such statements will prove to be accurate, achievable or recognizable in the near term.
Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. FastForward Innovations assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.
ENDS
For further information on the Company please visit www.fstfwd.co or contact:
Ed McDermott / Lance de Jersey | FastForward Innovations Ltd | Email: info@fstfwd.co
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James Biddle / Roland Cornish | Beaumont Cornish Limited Nomad | Tel: +44 (0) 207 628 3396
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Graham Dickson | Optiva Securities Limited Broker | Tel: +44 (0) 203 411 1881 |
Gaby Jenner/Megan Dennison | St Brides Partners Ltd Financial PR | Tel: +44 (0)207 236 1177 |
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name: | Lance De Jersey | ||||||
2. | Reason for the notification | |||||||
a) | Position/status: | Finance Director | ||||||
b) | Initial notification/Amendment: |
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name: | FastForward Innovations Limited | ||||||
b) | LEI: | 213800KV6ETTB1BRZ435 | ||||||
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 1p par value
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b) | Nature of the transaction: | Purchase of Ordinary Shares | ||||||
c) | Price(s) and volume(s): |
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d) | Aggregated information:
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e) | Date of the transaction: | 27 September 2019 | ||||||
f) | Place of the transaction: | London Stock Exchange, AIM | ||||||