Last checked at 6 Sep 2017 11:45
6 September 2017
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SHEARWATER GROUP PLC
(the "Company")
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Director/PDMR Shareholding
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Shearwater Group plc (AIM: SWG), has been notified that David Williams, Chairman, (via the DW Pension Fund) has today purchased 6,250,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") each at a price of 4.5 pence per share.
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Following this market purchase, Mr Williams' interest in the share capital of the Company has increased to a total of 119,833,994 Ordinary Shares representing 12.43 per cent. of the Company's issued share capital.
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The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | David Williams | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chairman | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Shearwater Group plc | ||||
b) | LEI | N/A | ||||
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 1p each   GB00B00T3528 | ||||
b) | Nature of the transaction | Market purchase | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |  6,250,000 £281,250 | ||||
e) | Date of the transaction | 6 September 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
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Contacts: | Â |
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Shearwater Group plc | www.theshearwatergroup.co.uk |
David Williams Michael Stevens | +44 (0) 797 014 8016 +44 (0) 780 171 2582 |
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WH Ireland Limited - Nominated Adviser & Broker | www.whirelandcb.com |
Mike Coe, Ed Allsopp | +44 (0) 117 945 3470 |
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Powerscourt - Financial PR | shearwater@powerscourt-group.com |
Ben Griffiths, Andy Jones | +44 (0) 20 7250 1446 |
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