25 May 2018 11:45
25 May 2018
Manx Telecom Plc
Share Purchase
Manx Telecom PLC (the 'Company') announces that, on 23 May 2018, it acquired 15,483 ordinary shares of 0.2p each in the Company ('Ordinary Shares') at £1.96 per Ordinary Share.
The Ordinary Shares purchased by the Company have been transferred, subject to a two-year holding period, to Gary Lamb, Chief Executive Officer to satisfy 2017 annual share bonus awards.
The shares represent one third of his 2017 net annual bonus. Following the purchase and transfer, Gary Lamb will be interested in 585,162 Ordinary Shares, 0.51% of the issued share capital of the Company.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1. | Details of PDMR / person closely associated with them ('PCA') | |
a) | Name | Gary Edward Lamb
|
b) | Position / status | Chief Executive Officer |
c) | Initial notification / amendment | Initial Notification |
2. | Details of the issuer | |
a) | Name | Manx Telecom plc |
b) | LEI | 213800I23N5C6YOJ9888 |
3. | 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 | Ordinary Shares of 0.2p each ISIN : IM00BHY3RF70
|
b) | Nature of the transaction | Award of 2017 Share Bonus |
c) | Price(s) and volume(s) |
Price: n/a Volume: 15,483
|
d) | Aggregated information Aggregated volume Price | n/a single transaction
|
e) | Date of the transaction | 23 May 2018 |
f) | Place of the transaction | Outside trading venue |