Last checked at 
29 Jan 2016 15:00
Annex DTR3
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
1. | Name of the issuer
TORO LIMITED (ISIN GG00BWBSDM98) | 2. | 2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code
NOTIFICATION IS UNDER DTR 3.1.2 R |
3. | Name of person discharging managerial responsibilities/director
FREDERIC HERVOUET | 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A - DIRECTOR NAMED IN 3. |
5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1
NOTIFICATION RELATES TO HOLDING OF PERSON NAMED IN 3. | 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares
ORDINARY SHARES |
7. | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
FREDERIC HERVOUET | 8. | State the nature of the transaction
SHARES ACQUIRED IN MARKET. |
9. | Number of shares, debentures or financial instruments relating to shares acquired
16,000 | 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.00443% |
11. | Number of shares, debentures or financial instruments relating to shares disposed
N/A | 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A |
13. | Price per share or value of transaction
EUR 0.96 | 14. | Date and place of transaction
28 JANUARY 2016, GUERNSEY |
15. | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
44,621 (0.01234%) | 16. | Date issuer informed of transaction
28 JANUARY 2016 |
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes.
17. | Date of grant | 18. | Period during which or date on which exercisable |
19. | Total amount paid (if any) for grant of the option | 20. | Description of shares or debentures involved (class and number) |
21. | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise | 22. | Total number of shares or debentures over which options held following notification |
23. | Any additional information
N/A | 24. | Name of contact and telephone number for queries
Melanie Torode 01481 231100 |
Name of authorised officer of issuer responsible for making notification
Melanie Torode, for Morgan Sharpe Administration Limited, as Secretary
Date of notification 29 JANUARY 2016 |
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.