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31 Jan 2018 12:45
31 January 2018
Porta Communications Plc
("Porta" or the "Company" or the "Group")
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Director Dealing
Porta Communications Plc, the AIM quoted international marketing and communications business, has been notified that Mr John Foley, the Non-Executive Chairman of the Company, has today purchased 4,700,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 3.5p per Ordinary Share.
Following this purchase, Mr Foley is beneficially interested in 5,665,079 Ordinary Shares in Porta, representing 1.24 per cent. of the Company's issued share capital.
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The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries
Porta Communications Plc
Steffan Williams, CEO
Rhydian Bankes, CFO
www.portacomms.com
+44 (0) 20 7680 6550
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Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett
Samantha Harrison
+44 (0) 207 383 5100
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N+1 Singer (Broker)
James Maxwell
Lauren Kettle
+44 (0) 20 7496 3000
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Newgate Communications (Media Enquiries)
Bob Huxford
Adam Lloyd
James Ash
+44 (0) 20 7680 6550
porta@newgatecomms.com
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Notes to Editors
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Porta is a fully integrated communications and marketing group with specialisms including financial, corporate and consumer public relations, public affairs and research and multi-capability marketing, brand and creative communications.
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The group has offices in Abu Dhabi, Beijing, Brisbane, Bristol, Canberra, Cardiff, Edinburgh, Hong Kong, London, Manchester, Melbourne, Perth, Singapore and Sydney.
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The brands and companies it owns are Newgate Communications, Redleaf Communications, Publicasity, 2112 Communications and Summit Marketing Services.
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Porta Communications' corporate website is www.portacomms.com
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The notifications below are made in accordance with the requirements of the EU regulation on market abuse.
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Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1  | Details of the person discharging managerial responsibilities / person closely associated  | ||||
a)  | Name   | John Robert Foley  | |||
2  | Reason for the notification  | ||||
a)  | Position/status   | Non-Executive Chairman | |||
b)  | Initial notification /Amendment   | Initial notification | |||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | ||||
a)  | Name   | Porta Communications Plc | |||
b) Â | LEI Â Â | 213800E2NB62KDYYOM55 | |||
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 instrument | Ordinary Shares of 1 pence each  ISIN: GB00B71C7K21 | |||
 |  | ||||
Identification code | Â | ||||
 |  | ||||
b)  | Nature of the transaction   | Acquisition of ordinary shares | |||
c) Â | Price(s) and volume(s) | Â | Â | Â | Â |
 |  | Price(s) | Volume(s) |  | |
 |  | 3.5p | 4,700,000 |  | |
 |  |  |  |  | |
d) Â | Aggregated information | Â | |||
 |  | ||||
- Aggregated volume | 4,700,000 | ||||
 |  | ||||
- Price  - Aggregated total | 3.5p  £164,500 | ||||
 |  | ||||
e)  | Date of the transaction   | 31 January 2018 | |||
f)  | Place of the transaction   | London Stock Exchange, AIM Market (XLON) | |||
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