21 Jun 2018 07:00
Premier Technical Services Group plc
("PTSG" or the "Company")
Director Shareholding
PTSG, the niche specialist services provider, hereby notifies the market that, on 18 June 2018, pursuant to the Admission Document dated 5 February 2015 and the Deed dated 26 January 2015, 5,226,083 new ordinary shares of 1p in the Company ("Ordinary Shares") were issued to Roger Teasdale, Group Managing Director, for nil consideration following the £10.0 and £12.0m EBITDA milestone targets being met for the year ended 31 December 2017.
Roger Teasdale has subsequently sold 2,482,389 Ordinary Shares on the London Stock Exchange at a price of 172.5 pence per share to meet the tax obligation on issuance.
Subsequent to the issue Roger Teasdale interest in the Company's issued share capital is set out below:
Resultant shareholding | |||||
Shareholder | No. of Ordinary shares prior to transfer | Issuance | Sale to satisfy tax obligation | No. of Ordinary shares | As % of Share Capital |
Roger Teasdale | 3,466,617 | 5,226,083 | (2,482,389) | 6,210,311 | 5.7% |
In relation to the above, an application has been made to the London Stock Exchange for 5,226,083 new ordinary shares, which rank pari passu with the existing ordinary shares, to be admitted to trading on AIM on 22 June 2018.
In accordance with the FCA's Disclosure and Transparency Rules, following this allotment, the Company's issued share capital consists of 109,747,743 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury.
The figure of 109,747,743 Ordinary Shares should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
PTSG | +44 (0)1977 668 771 |
Paul Teasdale, Chief Executive Officer
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Numis Securities | +44 (0)20 7260 1000 |
Stuart Skinner / Kevin Cruickshank / Michael Burke
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Hudson Sandler | +44 (0)20 7796 4133 |
Charlie Jack |
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Roger Teasdale | ||||
2. | Reason for the notification |
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a) | Position/status | Group Managing Director | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) | Name | Premier Technical Services Group plc | ||||
b) | LEI | 213800QSA6HGZ7HPUB44 | ||||
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 |
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a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1p each. ISIN: GB00BV9FPW93 | ||||
b) | Nature of the transaction: | Issuance of shares
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c) | Price(s) and volume(s):
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d) | Aggregated information: Aggregated volume: 2,231,982 Price: nil | |||||
e) | Date of the transaction: | 18 June 2018 | ||||
f) | Place of the transaction: | London Stock Exchange (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Roger Teasdale | ||||
2. | Reason for the notification |
| ||||
a) | Position/status | Group Managing Director | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| ||||
a) | Name | Premier Technical Services Group plc | ||||
b) | LEI | 213800QSA6HGZ7HPUB44 | ||||
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 |
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a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1p each. ISIN: GB00BV9FPW93 | ||||
b) | Nature of the transaction: | Sale of shares
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c) | Price(s) and volume(s):
|
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d) | Aggregated information: Aggregated volume: 1,060,192 Price: 118.25p | |||||
e) | Date of the transaction: | 18 June 2018 | ||||
f) | Place of the transaction: | London Stock Exchange (XLON) | ||||