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Director/PDMR Shareholding

17 Jun 2020 07:00

RNS Number : 1592Q
Path Investments plc
17 June 2020
 

17 June 2020

Path Investments plc

("Path" or the "Company")

PDMR Share Dealing

 

Path Investments plc (TIDM: PATH) , the energy and natural resources investment company, announces that it received notification that on 16 June 2020 Tommaso Corrado, a Director of the Company, transferred 600,000 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to Swerve Energy Ventures Limited, an entity beneficially owned by Mr Corrado at a price of 0.75 pence per Ordinary Share. Following this transaction, the beneficial interest of Mr Corrado remains unchanged.

 

The notification set out below, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.

 

1.

Details of Director/PDMR

(a)

Name

Tommaso Corrado

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

Transfer of shares held directly to a beneficially owned company

(c)

Price(s) and volume

 Price

Volume

0.75 pence

600,000

 

(d)

Aggregated information

N/A

(e)

Date of the transactions

16 June 2020

 

(f)

Place of the transactions

Outside a trading venue

 

 

For further information please contact:

Path Investments plc

C/O IFC

Christopher Theis

Grant Thornton UK LLP (Financial Adviser)

Samantha Harrison

020 7865 2411

Harrison Clarke

020 7184 4384

IFC Advisory (Financial PR & IR)

020 3934 6630

Tim Metcalfe

Zach Cohen

Keith, Bayley, Rogers & Co. Limited (Broker)

Brinsley Holman

07776 30 22 28

Graham Atthill-Beck

07506 43 41 07

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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