4 Jun 2018 15:30
Global Invacom Group Limited
("Global Invacom" or the "Company")
Director/PDMR Shareholding
5 June 2018 - Global Invacom (SGX: QS9) (AIM: GINV), the global provider of satellite communications equipment listed on the Singapore Exchange and the U.K. AIM Market, announces that on 16 May 2018, Mr Cosimo Borrelli, Non-Executive Director of the Group, is deemed interested in 497,900 ordinary shares of no par value in the Group ("Ordinary Shares") held by Joe Harper Limited, representing 0.183% of the Group's issued share capital.
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 | Cosimo Borrelli | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Non-Executive Director / PDMR | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Global Invacom Group Limited | ||||
b) | LEI | 213800EHSM1ITAQYDT90 | ||||
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 no par value | ||||
Identification code | SG2E91982768 | |||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: Aggregated volume Price | Purchase of 497,000 ordinary shares at a price of S$0.120 per ordinary share
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e) | Date of the transaction | 16 May 2018 | ||||
f) | Place of the transaction | Main Board of the Singapore Exchange Securities Trading Limited | ||||
For further information, please contact:
Global Invacom Group Limited | www.globalinvacom.com |
Matthew Garner, Chief Financial Officer | Tel: +65 6431 0782 Tel: +44 203 053 3523 |
finnCap Ltd (Nominated Adviser and Joint Broker) | www.finncap.com |
Christopher Raggett / Simon Hicks (Corporate Finance) | Tel: +44 207 220 0500 |
Mirabaud Securities LLP (Joint Broker) | www.mirabaud.com |
Peter Krens (Equity Capital Markets) | Tel: +44 207 878 3362 |
WeR1 Consultants Pte Ltd (Singapore Investor Relations) | www.wer1.net |
Ian Lau / Roshan Singh | Tel: +65 6737 4844 |
ianlau@wer1.net / roshansingh@wer1.net | |
Vigo Communications (UK Media & Investor Relations) | www.vigocomms.com |
Jeremy Garcia / Fiona Henson | Tel: +44 207 830 9701 |
ginv@vigocomms.com |
About Global Invacom Group Limited
Global Invacom is a fully integrated satellite equipment provider with six manufacturing plants across China, Israel, Malaysia, U.K. and the U.S. Its customers include satellite broadcasters such as BSkyB of the U.K. and Dish Network of the U.S.A.
Global Invacom provides a full range of antennas, LNB receivers, fibre distribution equipment, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in military, medical, and consumer electronics industries. Following the acquisition in 2015 of Global Skyware, a leading US-based designer and supplier of satellite antennas products and services, the Company became the world's only full-service outdoor unit supplier.
Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.
For more information, please refer to www.globalinvacom.com