1 Nov 2016 07:00
31 October 2016
Utilitywise plc
("Utilitywise" or the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them (in accordance with the Market Abuse Regulations)
Utilitywise plc (AIM:UTW), a leading independent utility cost management consultancy, has been notified that on 31 October 2016 Brendan Flattery, Chief Executive Officer, acquired 60,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of £1.65369 per Ordinary Share (the 'Purchase').
Following the Purchase, Mr Flattery is interested in 60,000 Ordinary Shares representing approximately 0.076% of the issued share capital of the Company.
For further information:
Utilitywise plc | 0330 303 0233 |
Brendan Flattery (CEO) | |
Jon Kempster (CFO) | |
finnCap (NOMAD and broker) | 020 7220 0500 |
Matt Goode/ Grant Bergman (Corporate Finance) | |
Simon Johnson (Corporate Broking) Liberum (Joint broker) |
020 3100 2000 |
Robert Morton/ Steve Pearce |
|
Redleaf Communications | 020 7382 4730 |
Rebecca Sanders-Hewett/ David Ison/ Susie Hudson |
|
About Utilitywise
Utilitywise is a leading independent utility cost management consultancy based in Newcastle. The Group has established trading relationships with a number of major UK and European energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.
Details of the full notification received by the Company are set out below:
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Brendan Flattery | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Utilitywise 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 | Ordinary shares of 0.1 pence each in Utilitywise plc | ||||
Identification code | GB00B6WVD707 | |||||
b) | Nature of the transaction | Acquisition of ordinary shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: | Purchase of 60,000 ordinary shares of 0.1p each in the capital of Utilitywise plc at a price of £1.65369 pence per share | ||||
e) | Date of the transaction | 31 October 2016 | ||||
f) | Place of the transaction | The AIM market of the London Stock Exchange | ||||