1 May 2019 07:00
1 May 2019
Modern Water plc
("Modern Water" or "the Company")
Director/PDMR Shareholding
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 | Simon Humphrey
| ||||||
2 | Reason for the notification | |||||||
a) | Position / status | Executive Director | ||||||
b) | Initial notification / amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Modern Water plc
| ||||||
b) | LEI
| 213800MTSDJQ13UBC211
| ||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |||||||
a) | Description of financial instrument, type of instrument | Ordinary shares of 0.25pence each | ||||||
Identification Code
| GB00B1XF5X66 | |||||||
b) | Nature of the transaction | Grant of options | ||||||
c) | Price(s) and volume(s)
| - £nil - 400,000 | ||||||
d) | Aggregated information - Aggregated volume - Price
|
- 400,000 - £nil | ||||||
e) | Date of the transaction
| 26 April 2019
| ||||||
f) | Place of the transaction | London | ||||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Doug Workman
|
2 | Reason for the notification | |
a) | Position / status | President, Monitoring Division |
b) | Initial notification / amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Modern Water plc
|
b) | LEI
| 213800MTSDJQ13UBC211
|
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
a) | Description of financial instrument, type of instrument | Ordinary shares of 0.25pence each |
Identification Code
| GB00B1XF5X66 | |
b) | Nature of the transaction | Grant of options |
c) | Price(s) and volume(s)
| - £nil - 200,000 |
d) | Aggregated information - Aggregated volume - Price
|
- 200,000 - £nil |
e) | Date of the transaction
| 26 April 2019
|
f) | Place of the transaction | London |
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Toby Schumacher |
2 | Reason for the notification | |
a) | Position / status | General Counsel & Company Secretary |
b) | Initial notification / amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Modern Water plc
|
b) | LEI
| 213800MTSDJQ13UBC211 |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |
a) | Description of financial instrument, type of instrument | Ordinary shares of 0.25pence each |
Identification Code
| GB00B1XF5X66 | |
b) | Nature of the transaction | Grant of options |
c) | Price(s) and volume(s)
| - £nil - 300,000 |
d) | Aggregated information - Aggregated volume - Price
|
- 300,000 - £nil |
e) | Date of the transaction
| 26 April 2019 |
f) | Place of the transaction | London |
For further information please contact:
Modern Water plc | +44 (0)1483 696 000 | |
Simon Humphrey, Chief Executive | ||
Cairn Financial Advisers LLP (Nominated Adviser) | +44 (0) 207 213 0880 | |
Sandy Jamieson / Tony Rawlinson Ludovico Lazzaretti | ||
Turner Pope Investments (Broker) Andy Thacker | +44 (0) 20 3621 4120 | |
Notes to Editors:
About Modern Water
Modern Water is a pioneering and innovative technology company, specialising in membrane water treatment solutions and advanced monitoring products. The Company works for customers in a range of industries across the globe and owns proprietary technologies for use in a diverse range of applications. Modern Water's Monitoring Division has a portfolio of world-leading toxicity and trace metal monitoring products, some of which constitute the regulatory standard. The headline technology of the Company's Membrane Division, called "AMBC", can be used to tackle complex wastewater treatment problems at a reduced cost compared to standard processes, while being simple to operate.
www.modernwater.com