29 Sep 2017 12:00
29 September 2017
Manx Telecom PLC
On 27 September 2017, Manx Telecom plc (the 'Company') was notified that Mr Gary Lamb, CEO of the Company has transferred 500,691 ordinary shares in the Company to GEL Investments Limited, a company owned by Mr Lamb, for nil consideration.
Mr Lamb's beneficial interest in the Company remains unchanged and he is the beneficial owner of a total of 516,826 ordinary shares, representing an interest in 0.453% of the issued share capital.
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 | 213800X95NVTAAWYB404 | |
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
| |
b) | Nature of the transaction | Transfer of shares to GEL Investments Limited
| |
c) | Price(s) and volume(s) | Price(s) Nil | Volume(s) 500,691
|
d) | Aggregated information Aggregated volume Price | 500,691 Ordinary Shares of 0.2p
Nil consideration | |
e) | Date of the transaction | 27 September 2017 | |
f) | Place of the transaction | Outside a trading venue | |