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6 Dec 2019 13:41
6 December 2019
RA INTERNATIONAL GROUP PLC
Director / PDMR Holdings
RA International Group PLC (AIM: RAI) ("RA" or "the Company") announces that it has been notified by Andrew Bolter, Chief Financial Officer, that on 4 December 2019 and 5 December 2019 he purchased Ordinary shares in the Company as follows:.
Number of Shares Acquired | Purchase Price | Date of Transaction |
50,000 | 0.3440 GBP | 4 December 2019 |
70,000 | 0.3440 GBP | 4 December 2019 |
15,715 | 0.3460 GBP | 5 December 2019 |
50,000 | 0.3400 GBP | 5 December 2019 |
Following these purchases, Mr Bolter is beneficially interested in 900,000 Ordinary shares in the Company representing 0.518% of the Company's issued share capital.
The notification below, made in accordance with the EU Market Abuse Regulation, provides further details.
Enquiries:
RA International Group PLC Soraya Narfeldt, Chief Executive Officer Lars Narfeldt, Chief Operating Officer Andrew Bolter, Chief Financial Officer
| Via Hudson Sandler |
Cenkos Securities PLC (Nominated Adviser and Broker) Derrick Lee Peter Lynch |
+44 (0)131 220 6939 |
Hudson Sandler LLP (Financial PR & IR) Daniel de Belder Bertie Berger
|
+44 (0)207 796 4133 rainternational@hudsonsandler.com
|
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||||||||||
a) | Name
| Andrew Bolter | ||||||||||||
2 | Reason for notification
| |||||||||||||
a) | Position/Status
| Chief Financial Officer and PDMR | ||||||||||||
b) | Initial notification/Amendment
| Initial Notification | ||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||
a) | Name
| RA International Group plc | ||||||||||||
b) | LEI
| 213800N6RTATELJU6797 | ||||||||||||
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 Identification code | Ordinary Shares of 10 pence each RAI | ||||||||||||
b) | Nature of the transaction
| Purchase of shares | ||||||||||||
c) | Price(s) and volume(s)
|
| ||||||||||||
d) | Aggregated information - Aggregated volume - Price |
120,000 Ordinary Shares @ an average price 0.3440 GBP/share 65,715 Ordinary Shares @ an average price 0.3414 GBP/share
| ||||||||||||
e) | Date of the transactions
| 4 and 5 December 2019
| ||||||||||||
f) | Place of the transaction
| London Stock Exchange, AIM |
Background of the Company
RA International is a leading provider of services to remote locations in Africa and the Middle East. The Company offers its services through three channels: construction, integrated facilities management and supply chain, and services three main client groups: humanitarian and aid agencies, governments and commercial customers, predominantly in the oil and gas and mining sectors. It has a strong customer base, largely comprising UN agencies, western governments and global corporations.
The Company provides comprehensive, flexible, mission critical support to its clients enabling them to focus on the delivery of their respective businesses and services. Focusing on integrity and values alongside making on-going investment in its people, locations and operations has over time created a reliable and trusted brand within its sector
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