Last checked at 29 Sep 2016 11:25
29 September 2016
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 Sonny Lulla, the Company's Chief Executive, has today purchased 150,000 ordinary shares in the Company ("Ordinary Shares") at a price of 12.0 pence per Ordinary Share. As a result, Mr. Lulla is now beneficially interested in a total of 1,000,000 Ordinary Shares, representing 0.15% of the Company's issued ordinary share capital.
The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
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 | - | |
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) |
£0.12 | 150,000 | ||
d) | Aggregated information | ||
Aggregated volume | N/A - single transaction | ||
Price | N/A - single transaction | ||
e) | Date of the transaction | 29 September 2016 | |
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 |