16 May 2019 14:30
16 May 2019
Sureserve Group plc (the "Company")
Notification of Transaction by Directors/PDMRs
On 15 May 2019, the Company was notified of changes to the interests of Michael McMahon, Chief Operating Officer of the Company, in the ordinary shares of 10 pence each in the Company ("Ordinary shares") as a result of his participation in the Company's Share Incentive Plan ("SIP"). Under the terms of the SIP, following the reinvestment of the Company's 2018 final dividend payment, Mr McMahon purchased 2 Ordinary Shares at a price of 27.025p on 14 May 2019. Following the purchase, Mr McMahon has a total beneficial interest in 5,463,892 Ordinary Shares, representing 3.47% of the issued share capital of the Company.
Enquiries
Sureserve | Financial Public Relations |
Bob Holt, Chairman, 07778 798816 | Camarco |
Michael McMahon, Chief Operating Officer | Ginny Pulbrook |
Telephone: 020 3961 5210 | Tom Huddart |
Telephone: 020 3757 4992 | |
Stockdale Securities | |
Andy Crossley | |
Antonio Bossi | |
Telephone: 020 7601 6100 |
Notes to editors
Sureserve is a leading compliance and energy support services group that performs critical functions in homes, public and commercial buildings, with a focus on clients in the UK public sector and regulated markets. Services are delivered through two divisions: Compliance and Energy Services.
The Group was founded in 1988 and is headquartered in Basildon. It currently employs some 2,000 staff from 23 offices across the UK.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) |
Name |
Michael McMahon | |
2 | Reason for the notification | ||
a) |
Position/status | Chief Operating Officer | |
b) |
Initial notification/ Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) |
Name
| Sureserve Group plc | |
b) |
LEI | 213800FHUTNVX8LWPH50 | |
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 | Acquisition of ordinary shares of 10p each in the capital of Lakehouse plc ("Shares") GB00BSKS1M86 | |
b) |
Nature of the transaction | Representing reinvestment of the Company's 2018 final dividend under the terms of the Company's Share Inventive Plan ("SIP") | |
c) |
Price(s) and volume(s)
|
|
|
27.025p | 2 | ||
d) | Aggregated information - Aggregated price - Aggregated volume - Aggregated total | N/A - single transaction | |
e) |
Date of the transaction | 14 May 2019 | |
f) |
Place of the transaction | London, United Kingdom | |
g) | Additional Information |
| |