4 Jun 2019 11:00
4 June 2019
XPEDIATOR PLC
("Xpediator" or the "Company" or the "Group")
Sale of shares
Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Europe, announces that Geoff Gillo (non-executive director of the Company) has sold a total of 32,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 49 pence per Ordinary Share to fund the exercise cost and income tax liability arising on the exercise of the options as announced on 16 May 2019.
Following this disposal, Mr. Gillo holds 176,333 Ordinary Shares which represents 0.13 per cent. of the total issued share capital.
Enquiries
Xpediator plc | Tel: +44 (0)330 043 2395 |
Stephen Blyth, Chief Executive Officer | Email: info@xpediator.com |
Stuart Howard, Chief Financial Officer | |
SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker) | Tel: +44 (0)20 3470 0470 |
Jeff Keating | |
Caroline Rowe | |
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Cantor Fitzgerald Europe (Joint Broker) | Tel: +44 (0)20 7894 7000 |
David Foreman, Michael Boot (Corporate Finance) | |
Caspar Shand Kydd (Sales) | |
Novella Communications (Financial Public Relations) | Tel: +44 (0)20 3151 7008 |
Tim Robertson | |
Fergus Young |
About Xpediator:
Xpediator is a well-established international provider of freight management services. Established in 1988 by CEO Stephen Blyth today the Group's International network of offices provides road, sea and air freight services, together with logistics and warehousing in the UK and Romania. The business offers integrated freight management within the supply chain logistics and fulfilment sector, through their three main areas: freight forwarding, logistics & warehousing and transport services. With headquarters in Braintree, Essex and country offices in nine CEE countries across 38 sites, the Group currently employs 938 people and was successfully listed on London's AIM market in August 2017.
For more information, please visit: www.xpediator.com.
Alternatively, do follow us on Twitter at @Xpediator or find us on LinkedIn at Xpediator Plc.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name: | Geoff Gillo | ||||||
1.2 2. | Reason for the notification | |||||||
a) | Position/status: | non-executive director | ||||||
b) | Initial notification/Amendment: | Initial notification | ||||||
1.3 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name: | Xpediator Plc | ||||||
b) | LEI: | 213800XBOVDBT2HEC967 | ||||||
1.4 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 5p each GB00BF6P5V92 | ||||||
b) | Nature of the transaction: | Sale of shares | ||||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: Aggregated volume: Price: |
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e) | Date of the transaction: | 3 June 2019
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f) | Place of the transaction: | AIM | ||||||