26 Jan 2023 09:52
Smoove Plc
Directors' Dealings & Holdings in Company
Smoove plc (LSE: SMV, "Company" or "SMV") received notification on 25 January 2023 from Kestrel Partners LLP ("Kestrel") that on 25 January 2023 it purchased for its discretionary clients a total of 22,500 ordinary shares of 0.4p each ("Shares") in the Company at an average price of £0.49 per share. The notification also included the matters set out below.
Mr Scott, a non-executive director of SMV, is a partner of, and holds a beneficial interest in Kestrel. Mr Scott is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities") and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in SMV.
Following this notification, Kestrel Opportunities holds (and consequently Mr Scott is deemed to have a beneficial interest in) 10,683,634 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 5,027,461 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 15,711,095 Shares in the Company, which represents 27.56 per cent of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through the following nominees:
Holding type | Nominee | No. of shares | % of issued share capital |
Indirect | Bank of New York Nominees Ltd | 10,683,634 | 18.74% |
Indirect | JIM Nominees Limited | 397,434 | 0.70% |
Indirect Indirect | Bank of New York Nominees Ltd Northern Trust Company AVFC | 4,381,527 248,500 | 7.68% 0.44% |
For further information contact:
Smoove plc | Via Walbrook PR |
Jesper With-Fogstrup, CEO | |
Michael Cress, CFO | |
Panmure Gordon (UK) Limited (Nomad & Broker) | Tel: 020 7886 2500 |
Dominic Morley Rupert Dearden | |
Walbrook PR Limited | smoove@walbrookpr.com or Tel: 020 7933 8780 |
Tom Cooper/ Nick Rome |
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ANNEX
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
| Kestrel Partners LLP ('Kestrel')
| ||||||||
2
| Reason for the notification
| |||||||||
a)
| Position/status
| PCA - Oliver Rupert Andrew Scott (non-executive director of Smoove plc and Partner in Kestrel) | ||||||||
b)
| Initial notification /Amendment
| Initial | ||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||
a)
| Name
| Smoove plc | ||||||||
b)
| LEI
| 213800TDUOUSIQT2OT29
| ||||||||
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
| 0.4p Ordinary Shares
ISIN: GB00BNG8T458
| ||||||||
b)
| Nature of the transaction
| Purchase | ||||||||
c)
| Price(s) and volume(s)
|
| ||||||||
d)
| Aggregated information - Aggregated volume - Price |
Total Purchase of 22,500 shares at an average of £0.49.
| ||||||||
e)
| Date of the transaction
| 25 January 2023
| ||||||||
f)
| Place of the transaction | London AIM | ||||||||