Last checked at 5 Dec 2019 07:00
5 December 2019
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Windar Photonics plc
("Windar" or the "Company")
Director shareholding
Windar Photonics plc ("Windar", the "Company") announces that it was notified on 4 December 2019 by Jørgen Korsgaard Jensen, CEO of the Company, that he had transferred 4,983,197 ordinary shares of 1p each in the Company ("Ordinary Shares") from Pasinika s.a.r.l. incorporated in Luxembourg ("Pasinika SA"), to Pasinika Limited, a newly incorporated UK company.
Mr Jensen is the sole beneficial owner of Pasinika SA and Pasinika Limited. On completion of the transfer, Mr Jensen's beneficial interest in the Company remains unchanged at 4,983,197 Ordinary Shares.
For further information:
Windar Photonics plc | Jørgen Korsgaard Jensen, CEO | +45-24234930 |
Cantor Fitzgerald Europe Nominated Adviser and Broker
| David Foreman (Corporate Finance) Keith Dowsing (Sales) | +44 (0)20 7894 7000
|
The person responsible for arranging the release of this announcement on behalf of Windar is Jørgen Korsgaard Jensen.
About Windar:
Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimisation systems for use on electricity generating wind turbines. LiDAR wind sensors in general are designed to remotely measure wind speed and direction.
http://investor.windarphotonics.com
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Jorgen Korsgaard Jensen | |||
2
| Reason for the notification | ||||
a)
| Position/status | CEO | |||
b)
| Initial notification /Amendment | Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Windar Photonics plc
| |||
b)
| LEI | 2138003JZZMKJGOOCR02 | |||
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 1p each | |||
Identification code | ISIN: GB00BTFR4F17 | ||||
b)
| Nature of the transaction
| Transfer of 4,983,197 ordinary shares for nil consideration | |||
c)
| Price(s) and volume(s) | Price(s) | Volume(s) | ||
nil | 4,983,197 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 4,983,197 | ||||
- Price | nil | ||||
e)
| Date of the transaction | 4 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||