28 Apr 2017 13:41
Utilitywise plc
("Utilitywise" or the "Company")
Transfer of Shares
Utilitywise (AIM:UTW), a leading independent utility cost management consultancy, announces that Geoff Thompson, the Non-Executive Chairman of the Company, has today transferred, in aggregate, 900,000 ordinary shares of 0.1 pence each ("Ordinary Shares") to three family trusts in equal proportions as detailed below (the "Transfers"). Mr Thompson is not a beneficiary of the family trusts but is a trustee therefore his aggregate direct and indirect shareholding remains unchanged at 8,559,414 Ordinary Shares representing 10.9% of the total voting rights of the Company.
Name | Ordinary Shares held before the Transfers | Ordinary Shares held after the Transfers | Percentage of issued share capital held after the Transfers |
Geoff Thompson | 7,959,414 | 7,059,414 | 9.00% |
Geoffrey Thompson Family Settlement 2015 (No 1) | 200,000 | 500,000 | 0.64% |
Geoffrey Thompson Family Settlement 2015 (No 2) | 200,000 | 500,000 | 0.64% |
Geoffrey Thompson Family Settlement 2015 (No 3) | 200,000 | 500,000 | 0.64% |
For further information please contact:
Utilitywise PLC | 0330 303 0233 |
Brendan Flattery (CEO) |
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Richard Laker (CFO) |
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finnCap (NOMAD and broker) | 020 7220 0500 |
Matt Goode/ Henrik Persson (Corporate Finance) |
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Simon Johnson (Corporate Broking) Liberum (Joint broker) |
020 3100 2000 |
Robert Morton/ Steve Pearce |
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Redleaf Communications | 020 7382 4730 |
Rebecca Sanders-Hewett/ David Ison/ Susie Hudson |
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About Utilitywise
Utilitywise is a leading independent utility cost management consultancy. 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 a lower carbon footprint.
Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.
. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Geoff Thompson |
2. | Reason for the Notification | |
a) | Position/status | Non-Executive Chairman |
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 | 213800LANUBGRXVGTN41 |
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 0.1p each |
Identification code | GB00BWVD707 | |
b) | Nature of the transaction | Transfer of Ordinary Shares to three family trusts |
c) | Price(s) and volume(s) | 900,000 Ordinary Shares transferred at nil cost |
d) | Aggregated information: · Aggregated volume · Price |
900,000 ordinary shares of 0.1 pence (transferred) at nil cost in equal proportions to three family trusts |
e) | Date of the transaction | 28 April 2017 |
f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) |