28 Apr 2020 08:02
For immediate release
28 April 2020
SAFESTYLE UK PLC
("Safestyle" or the "Company")
Directors' / PDMR Dealings
Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, announces that, pursuant to the Placing described in the announcement dated 7 April 2020 and titled "Proposed Conditional Placing to raise £8.5 million", the following Directors have purchased, in aggregate, 619,000 ordinary shares of £0.01 each (the "Ordinary Shares") in the Company at a price of 17 pence per Ordinary Share.
Each Director's individual participations are set out in the table below.
Director | Number of Ordinary Shares prior to Admission of Placing Shares | Number of Placing Shares acquired | Resulting number of Ordinary Shares | Percentage of Enlarged Share Capital |
Alan Lovell | 180,000 | 270,000 | 450,000 | 0.34% |
Mike Gallacher | 50,000 | 150,000 | 200,000 | 0.15% |
Rob Neale | 125,000 | 150,000 | 275,000 | 0.21% |
Fiona Goldsmith | 20,000 | 30,000 | 50,000 | 0.04% |
Julia Porter | 9,671 | 19,000 | 28,671 | 0.02% |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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
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a) | Name | i) Alan Lovell
ii) Mike Gallacher
iii) Rob Neale
iv) Fiona Goldsmith
v) Julia Porter
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2 | Reason for the notification
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a) | Position/status
| i) Non-Executive Chairman ii) Chief Executive Officer iii) Chief Financial Officer iv) Non-Executive Director v) Non-Executive Director | ||||||||||||||||||||||||
b)
| Initial notification /Amendment | Initial notification
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3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | Safestyle UK plc
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b) | LEI | 213800N1ZQBB3E7P8W75
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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 £0.01 each
ISIN: JE00BGP63272
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b) | Nature of the transaction | Purchase of shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A
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e) | Date of the transaction | 28 April 2020
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f) | Place of the transaction | London Stock Exchange, AIM
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Enquiries:
Safestyle UK plc Mike Gallacher, Chief Executive Officer Rob Neale, Chief Financial Officer
| via FTI Consulting |
Zeus Capital Limited (Nominated Adviser & Joint Broker) Dan Bate / Daniel Harris / Dominic King
| Tel: 0203 829 5000 |
Liberum Capital Limited (Joint Broker) Neil Patel / Jamie Richards / Laura Hamilton
| Tel: 0203 100 2100 |
FTI Consulting (Financial PR) Alex Beagley / James Styles / Sam Macpherson
| Tel: 0203 727 1000 |
About Safestyle UK plc
The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market. For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk.