Last checked at 6 Sep 2017 11:45
6 September 2017
SHEARWATER GROUP PLC
(the "Company")
Director/PDMR Shareholding
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.
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.
The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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 | ||||
Contacts: |
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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 |