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Director/PDMR Shareholding

31 Jul 2018 12:06

RNS Number : 3284W
Infrastructure India plc
31 July 2018
 

31 July 2018

 

Infrastructure India plc

("IIP", the "Company and together with its subsidiaries the "Group")

 

Director/PDMR Shareholding

 

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that Sonny Lulla, Chief Executive Officer of the Company, has today purchased 500,000 ordinary shares in the Company ("Ordinary Shares") at a price of 3.9 pence per Ordinary Share.

 

Following this transaction, Mr. Lulla is now beneficially interested in a total of 1,500,000 Ordinary Shares, representing 0.22% of the Company's issued ordinary share capital.

 

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further details.

 

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

Sonny Lulla

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)

£0.039

500,000

d)

Aggregated information

N/A single transaction

Aggregated volume

N/A single transaction

Price

N/A single transaction

e)

Date of the transaction

31 July 2018

f)

Place of the transaction

AIMX

 

 

Enquiries:

 

Infrastructure India plc

Sonny Lulla 

 

 

www.iiplc.com

 

Smith & Williamson Corporate Finance Limited

Nominated Adviser & Joint Broker

Azhic Basirov / Ben Jeynes

+44 (0) 20 7131 4000

Nplus1 Singer Advisory LLP

Joint Broker

James Maxwell - Corporate Finance

James Waterlow - Investment Fund Sales

 

+44 (0) 20 7496 3000

Novella

+44 (0) 20 3151 7008

Financial PR

Tim Robertson / Toby Andrews

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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