Last checked at 22 Mar 2017 14:49
22 March 2017
Infrastructure India plc
("IIP" or the "Company" or, together with its subsidiaries, the "IIP Group")
Director / PDMR Shareholding
Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that it has been notified that Tim Walker, a non-executive director of the Company, purchased 100,000 ordinary shares in the Company ("Ordinary Shares") at a price of 5.75 pence per Ordinary Share on 21 March 2017 and that Mr. Walker purchased a further 100,000 Ordinary Shares at a price of 6.00 pence per Ordinary Share on 22 March 2017.
As a result, Mr. Walker is now beneficially interested in a total of 481,667 Ordinary Shares, representing 0.07% of the Company's issued ordinary share capital.
The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Tim Walker | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (Director) | |
b) | Initial notification/Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Infrastructure India plc | |
b) | LEI | 213800M623GQQAG11656 | |
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 1p each | |
Identification code | IM00B2QVWM67 | ||
b) | Nature of the transaction | Purchase of ordinary shares | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£0.0575 | 100,000 | ||
d) | Aggregated information | ||
Aggregated volume | N/A - single transaction | ||
Price | N/A - single transaction | ||
e) | Date of the transaction | 21 March 2017 | |
f) | Place of the transaction | London Stock Exchange (XLON) | |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Tim Walker | |
2 | Reason for the notification | ||
a) | Position/status | PDMR (Director) | |
b) | Initial notification/Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Infrastructure India plc | |
b) | LEI | 213800M623GQQAG11656 | |
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 1p each | |
Identification code | IM00B2QVWM67 | ||
b) | Nature of the transaction | Purchase of ordinary shares | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£0.06 | 100,000 | ||
d) | Aggregated information | ||
Aggregated volume | N/A - single transaction | ||
Price | N/A - single transaction | ||
e) | Date of the transaction | 22 March 2017 | |
f) | Place of the transaction | London Stock Exchange (XLON) | |
Ends -
Enquiries:
Infrastructure India plc Sonny Lulla
| www.iiplc.com Via Cubitt Consulting |
Smith & Williamson Corporate Finance Limited Nominated Adviser & Joint Broker Azhic Basirov / Ben Jeynes
| +44 (0) 20 7131 4000 |
Nplus1 Singer Advisory LLP Joint Broker Gillian Martin - Corporate Finance James Waterlow - Investment Fund Sales
| +44 (0) 20 7496 3000 |
Cubitt Consulting Limited Financial Public Relations Simon Brocklebank-Fowler
| +44 (0) 20 7367 5100 |