22 Oct 2019 07:00
RNS
22 October 2019
Rotala Plc
("Rotala" or "the Company" or "the Group")
Director's Dealings
Further to admission of 178,500 new ordinary shares of 25p each (the "Subscription Shares") to trading on AIM on 21 October 2019, the Company announces the following dealings by John Gunn, Non-Executive Chairman, and certain persons closely associated with him, in accordance with article 19(3) of the Market Abuse Regulation. Following the acquisition of the Subscription Shares John Gunn now has a total beneficial interest in 5,649,987 Ordinary Shares in the Company, representing approximately 11.28 per cent of the shares in issue, and a total direct and indirect interest in the Company of 8,604,848 ordinary shares, representing approximately 17.18 per cent of the shares in issue.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | John Gunn | |||||
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 | Rotala plc | |||||
b) | LEI | 213800ALMQ9Y4K5HPT66 | |||||
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 25p each value
ISIN: GB00B1Z2MP60 | |||||
b) | Nature of the transaction | Purchase of shares in placing | |||||
c) | Price(s) and volume(s) |
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d | Aggregated information - Aggregated volume - Price | N/A - single transaction | |||||
e) | Date of the transactions | 21 October 2019 | |||||
f) | Place of the transactions | London Stock Exchange | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Renate Gunn | |||||
2 | Reason for the notification | ||||||
a) | Position/status | Wife of John Gunn, 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 | Rotala plc | |||||
b) | LEI | 213800ALMQ9Y4K5HPT66 | |||||
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 25p each value
ISIN: GB00B1Z2MP60 | |||||
b) | Nature of the transaction | Purchase of shares in placing | |||||
c) | Price(s) and volume(s) |
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d | Aggregated information - Aggregated volume - Price | N/A - single transaction | |||||
e) | Date of the transactions | 21 October 2019 | |||||
f) | Place of the transactions | London Stock Exchange | |||||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a) | Name | Wengen Pension Plan | |||||
2 | Reason for the notification | ||||||
a) | Position/status | Pension plan, the beneficiaries of which are John Gunn (Non-Executive Chairman) and Renate Gunn (wife of John Gunn, 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 | Rotala plc | |||||
b) | LEI | 213800ALMQ9Y4K5HPT66 | |||||
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 25p each value
ISIN: GB00B1Z2MP60 | |||||
b) | Nature of the transaction | Purchase of shares in placing | |||||
c) | Price(s) and volume(s) |
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d | Aggregated information - Aggregated volume - Price | N/A - single transaction | |||||
e) | Date of the transactions | 21 October 2019 | |||||
f) | Place of the transactions | London Stock Exchange | |||||
For further information please contact:
Rotala Plc | 0121 322 2222 |
John Gunn, ChairmanSimon Dunn, Chief ExecutiveKim Taylor, Group Finance Director |
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Nominated Adviser & Joint Broker: Cenkos Securities plc |
020 7397 8900 |
Stephen Keys/Callum Davidson (Corporate Finance)Michael Johnson/Julian Morse (Corporate Broking) |
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Joint Broker: Dowgate Capital Stockbrokers Ltd | 0203 903 7715 |
David Poutney/James Serjeant (Corporate Broking) |
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About the business
Rotala provides a range of transport solutions, ranging from local bus services under contract to local authorities, through to commercial bus routes. Rotala has operations at Heathrow airport, in the West Midlands and the North West.