9 Nov 2017 08:08
Date: | Immediate |
On behalf of: | Paragon Entertainment Limited ("Paragon", the "Company" or the "Group") |
For immediate release | |
Paragon Entertainment Limited
Director/PDMR Shareholding
Paragon Entertainment Limited (AIM:PEL), the attractions design, production and fit-out business, announces that on 8 November 2017, Mark Taylor, Chairman of the Company, transferred his beneficial ownership in 10,876,961 ordinary shares of 0.1 pence each in Paragon Entertainment Limited ("Ordinary Shares") from his family trust to his pension scheme, at a price of 2.075 pence per Ordinary Share (the "Transfer").
Following the Transfer, the beneficial interests of Mark Taylor and persons closely associated with him remains unchanged at 10,876,961 Ordinary Shares, representing approximately 5.7% of the Company's issued share capital.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of PDMR / person closely associated with them ('PCA') | |||||
a) | Name | Mark Taylor and persons closely associated with him | ||||
b) | Position / status | Chairman | ||||
c) | Initial notification / amendment | Initial notification | ||||
2. | 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 | Paragon Entertainment Limited ordinary shares of 0.1 pence | ||||
b) | Nature of the transaction | Transfer of ordinary shares | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | Single transaction
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e) | Date of the transaction | 8 November 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM Market
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For further information:
Paragon Entertainment Limited Mark Taylor (Non-Executive Chairman)
finnCap Ltd Julian Blunt / Simon Hicks (corporate finance) Alice Lane (corporate broking) |
01904 608020
020 7220 0500
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About Paragon
Paragon Entertainment Limited (AIM:PEL) is an award winning provider of attraction services from initial design production and consulting through to the fit out and installation of themed attractions, heritage exhibits, museums, aquariums and water parks, inter alia. Paragon Entertainment is the holding company for Paragon Creative Limited.
The Group's projects have included:
· The build of Rolling Stones Exhibitionism at the Saatchi Gallery, London;
· The design and build of Kidzania, London;
· The design and build of galleries at the Olympic Museum for the IOC in Lausanne, Switzerland;
· The design and build of the galleries at The National Museum of Kazakhstan;
· The design and build of Titanic Belfast; and
· The thematic build of the Wallace and Gromit ride at Blackpool Pleasure Beach.
The Group listed on AIM in 2011. Further information can be found at http://www.paragonent.com.