7 May 2019 07:00
7 May 2019
The information communicated 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.
XPEDIATOR PLC
("Xpediator" or "the Company" or "the Group")
Director/PDMR Shareholding
Xpediator, (AIM: XPD), a leading provider of freight management services across the UK and Europe, announces that on 3 May 2019, the wife and four adult children of Stephen Blyth (Chief Executive Officer of Xpediator), have in total purchased 500,000 shares of 5 pence each in the Company ("Ordinary Shares") at a price of 48 pence per share.
Cogels Investments Limited, a company owned and controlled by the wife and four adult children of Stephen Blyth, already holds a beneficial interest in 34,840,000 Ordinary Shares representing approximately 26.1% of the Company's issued share capital.
Following this transaction therefore, Stephen Blyth and members of his family together hold a direct and indirect beneficial interest in 35,340,000 Ordinary Shares representing approximately 26.4 per cent. of the Company's issued share capital. In addition, Stephen Blyth has a beneficial interest in 857,143 share options.
Enquiries
Xpediator plc | Tel: +44 (0)330 043 2395 |
Stephen Blyth, Chief Executive Officer | Email: info@xpediator.com |
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SP Angel Corporate Finance LLP (Nominated Advisor & Joint Broker) | Tel: +44 (0)20 3470 0470 |
Jeff Keating |
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Caroline Rowe |
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Cantor Fitzgerald Europe (Joint Broker) | Tel: +44 (0)20 7894 7000 |
David Foreman, Michael Boot (Corporate Finance) |
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Caspar Shand Kydd (Sales) |
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Novella Communications (Financial Public Relations) | Tel: +44 (0)20 3151 7008 |
Tim Robertson |
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Fergus Young |
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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 31 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: | A: Lucia Blyth B: Olivia Blyth C: Claudia Blyth D: George Blyth E: Emilia Blyth | ||||
1.2 2. | Reason for the notification | |||||
a) | Position/status: | All persons closely associated with PDMR Stephen Blyth, Chief Executive | ||||
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: | Purchases of Ordinary 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 May 2019
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f) | Place of the transaction: | AIM, London Stock Exchange | ||||