19 Feb 2020 07:00
19 February 2020
Â
Pressure Technologies plc
("Pressure Technologies", the "Company" or the "Group")
Â
Purchase of shares by a Director
The Board of Pressure Technologies has been informed that Sir Roy Gardner, Chairman acquired ordinary shares in the Company on 14 February 2020 as detailed in the table below.
Â
Â
Director | Number of shares purchased | Total number of shares now held | Percentage of issued share capital |
Sir Roy Gardner | 5,000 | 27,500 | 0.15% |
Â
For further information, please contact:
Â
Pressure Technologies plc | |
Chris Walters, Chief Executive | Tel: 0114 257 3616 |
Joanna Allen, Chief Financial Officer | pressuretech@investor-focus.co.uk |
 N+1 Singer (Nomad and Broker) |  Tel: 0207 496 3000 |
Mark Taylor / Lauren Kettle  | |
IFC Advisory Ltd (Financial PR and IR) | Tel: 0203 934 6630 |
Graham Herring / Tim Metcalfe / Zach Cohen |
Â
Â
  1. Details of the person discharging managerial responsibilities / person closely associated  | |||
a) | Name | Sir Roy Gardner | |
2 | Reason for the notification | ||
a) | Position/status | Chairman | |
b) | Initial notification /Amendment | Initial | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Pressure Technologies plc | |
b) | LEI | 213800PTKN1VDP2DIN05 | |
4 Â | 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, type of instrument  Identification code  | Ordinary shares of 5 pence each
GB00B1XFKR57 Â | |
b) | Nature of the transaction | Purchase of ordinary shares | |
c) Â | Price(s) and volume(s) Â | Price | Volume |
132 pence | 5,000 | ||
d)  | Aggregated information  - Aggregated volume  - Price | N/A | |
e) | Date of the transaction | 14 February 2020 | |
f) | Place of the transaction | London Stock Exchange | |
Â
Â
COMPANY DESCRIPTION
Â
Company description - www.pressuretechnologies.comÂ
With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.
Â
The Group has two divisions, Precision Machined Components and Chesterfield Special Cylinders.
Â
Precision Machined Components (PMC) - www.pt-pmc.com
â—Ź Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.
Â
Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.comÂ
â—Ź Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany.
Follow the stocks