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Director/PDMR Shareholding

26 May 2017 09:45

RNS Number : 3530G
Primorus Investments PLC
26 May 2017
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Primorus Investments plc

("Primorus" or "The Company")

Director Dealing

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Primorus (PRIM.L) announces the following dealing in the ordinary shares of the Company made by a director.

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On 25 May 2017, Alastair Clayton, Executive Director of the Company, acquired 10,000,000 Primorus ordinary shares at an aggregated price of 0.1245 pence per share, representing 0.79% of the Company's issued ordinary share capital. Following the acquisition, Mr Clayton now holds an interest in 40,250,000 Primorus ordinary shares, representing 3.17% of the Company's issued ordinary share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

Primorus Investments plc:

+44 (0) 20 7440 0640

Alastair Clayton

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Nominated Adviser:

+44 (0) 20 7213 0880

Cairn Financial Advisers LLP

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James Caithie / Sandy Jamieson

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Broker:

+44 (0) 20 3137 1902

Optiva Securities Limited

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Christian Dennis / Jeremy King

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About Primorus

Primorus aims to be the leading early-stage investor in pre-IPO and listed companies with a particular focus on natural resources (primarily energy), consumer services and technology. Through its listed structure Primorus may provide individual investors a route to access a range of private and pre-IPO opportunities that are usually the preserve of family offices, VC and private equity funders.

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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Alastair Raoul Clayton

2

Reason for notification

a.

Position/Status

Executive Director

b.

Initial notification/

Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Primorus Investments PLC

b.

LEI

213800XCLCY5I8O3PP36

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 transactions have been conducted

a.

Description of the financial instrument, type of instrumentIdentification Code

Ordinary Shares

b.

Nature of the transaction

On market Purchase

c.

Price(s) and volume(s)

Price(s)

Volume(s)

0.001245 GBP

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10,000,000

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d.

Aggregated information

- Aggregated Volume

- Price

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10,000,000

0.001245 GBP

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e.

Date of the transaction

25/05/2017

f.

Place of the transaction

UK

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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