Last checked at 12 Nov 2020 16:27
Crimson Tide Plc (the "Company") has today been notified that Helen Bridget Whipp, the wife of Barrie Whipp, founder and Chairman of the Company, has gifted 10,000,000 ordinary shares of 0.1p in the Company to each of Mr & Mrs Whipp's adult children, Frederick John Whipp and Ruby Elizabeth Whipp.
Following the above Mr & Mrs Whipp's combined shareholdings is 82,820,132 representing 18.1% of the Company's ordinary share capital.
Enquiries:
Crimson Tide plc +44 1892 542444
Barrie Whipp / Luke Jeffrey
finnCap Ltd (Nominated Adviser and Broker) +44 20 7220 0500
Corporate Finance: Julian Blunt / James Thompson
Corporate Broking: Andrew Burdis
Alma PR (Financial PR) +44 7780 901979
Josh Royston
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 | Helen Bridget Whipp | ||||
2 | Reason for the notification | |||||
a) | Position/status | Person closely associated with Barrie Whipp, Chairman of Crimson Tide plc | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Crimson Tide plc | ||||
b) | LEI | 213800YUNLNBVYR3G129 | ||||
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 0.1p each
GB0002080082 | ||||
b) | Nature of the transaction | Gift of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
20,000,000 nil | ||||
e) | Date of the transaction | 12 November 2020 | ||||
f) | Place of the transaction | Off market transactions | ||||