24 Mar 2021 14:06
24 March 2021
Path Investments plc("Path" or the "Company")
Director/PDMR Share Transaction
Path Investments plc (TIDM: PATH) announces that it was notified on 24 March 2021 that John Allardyce a director/person discharging managerial responsibility in the Company has, in order to transfer his shareholding in the Company into his ISA and SIPP, sold 6,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 0.2615 pence per Ordinary Share and then repurchased into his SIPP 2,400,000 Ordinary Shares at a price of 0.2770 pence per Ordinary Share and 3,600,000 Ordinary Shares into his ISA at a price of 0.2750 pence per Ordinary Share. The transactions took place on 24 March 2021 and further information is contained in the disclosure tables below.
The transactions were entered into in accordance with an exception from the lock up arrangements applicable to Existing Directors as described and defined in the Company's prospectus published on 12 March 2021.
Following the transactions, there has been no change in the number of the Company's shares in which John Allardyce has an interest.
For further information please contact:
Path Investments plc | C/O IFC |
Christopher Theis Jack Allardyce | |
IFC Advisory (Financial PR & IR) | 020 3934 6630 |
Tim Metcalfe Zach Cohen | |
Grant Thornton UK LLP (Financial Adviser) Jamie Barklem Samantha Harrison Harrison Clarke | 020 7383 5100
|
ETX Capital (Broker) | 020 7392 1400 |
Elliot Hance |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of Director/PDMR | |||||||||
(a) | Name | John Allardyce | ||||||||
2. | Reason for notification | |||||||||
(b) | Position / status | Director
| ||||||||
(c) | Initial notification / amendment | Initial notification | ||||||||
3. | Details of the Issuer | |||||||||
(a) | Name | Path Investments plc | ||||||||
(b) | LEI | 21380058VQBP76M7TN11 | ||||||||
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 transaction(s) have been conducted | |||||||||
(a) | Description of the financial instrument, type of instrument, Identification code | Ordinary shares of 0.1 pence each ISIN GB00BYQD5059 PATH | ||||||||
(b) | Nature of the transaction | Sale of Ordinary Shares | ||||||||
(c) | Price(s) and volume |
| ||||||||
(d) | Aggregated information Aggregated Volume Price
|
6,000,000 £15,690.00 | ||||||||
(e) | Date of the transactions | 24 March 2021
| ||||||||
(f) | Place of the transactions | London Stock Exchange | ||||||||
1. | Details of Director/PDMR | |||||||||
(a) | Name | John Allardyce | ||||||||
2. | Reason for notification | |||||||||
(b) | Position / status | Director
| ||||||||
(c) | Initial notification / amendment | Initial notification | ||||||||
3. | Details of the Issuer | |||||||||
(a) | Name | Path Investments plc | ||||||||
(b) | LEI | 21380058VQBP76M7TN11 | ||||||||
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 transaction(s) have been conducted | |||||||||
(a) | Description of the financial instrument, type of instrument, Identification code | Ordinary shares of 0.1 pence each ISIN GB00BYQD5059 PATH | ||||||||
(b) | Nature of the transaction | Purchase of Ordinary Shares | ||||||||
(c) | Price(s) and volume |
| ||||||||
(d) | Aggregated information Aggregated Volume Price
|
6,000,000 £16,548.00 | ||||||||
(e) | Date of the transactions | 24 March 2021
| ||||||||
(f) | Place of the transactions | London Stock Exchange | ||||||||