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Update on Director Share Purchases

16 Nov 2020 07:00

RNS Number : 3508F
Zoetic International PLC
16 November 2020
 

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information for the purposes of Article 7 under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.

 

16 November 2020

 

Zoetic International plc

 

("Zoetic" or the "Company" or the "Group")

 

Update on Director Share Purchases

 

Zoetic International plc (LSE: ZOE), the London-listed vertically integrated CBD company, has been informed that the purchases by each of the directors, Trevor Taylor and Antonio Russo, of 500,000 ordinary shares of 1p each ("Ordinary Shares"), as previously announced on 28 October 2020, have now been completed. Mr Taylor and Mr Russo now each hold 6,950,000 Ordinary Shares, equivalent to approximately 3.57 per cent of the currently issued Ordinary Shares.

 

The Company can also confirm that the re-assignment of options to Messrs Taylor and Russo, also announced on 28 October 2020, have also been completed.

 

 

**ENDS**

Enquiries

 

Zoetic International plc c/o IFC Advisory

Trevor Taylor, Co-CEO

Allenby Capital Limited (Financial Adviser and Broker) +44 (0) 20 3328 5656

Nick Harriss (Corporate Finance)

Nick Naylor (Corporate Finance)

Guy McDougall (Equity Sales)

IFC Advisory Ltd (Financial PR and IR) +44 (0) 20 3934 6630

Tim Metcalfe

Graham Herring

Florence Chandler

 

Notifications and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated ("PCA") with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Trevor Taylor

2

Reason for the notification

a)

Position/status

Co-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

Zoetic International plc

b)

LEI

213800RGK8LNU9RGMT89

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 instrumentIdentification code

Ordinary shares of 1p eachISIN: GB00BWC4X262

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

US$0.51

500,000

d)

Aggregated information- Aggregated volume- Price

Not applicable - single transaction

e)

Date of the transaction

28 October 2020

f)

Place of the transaction

Off Market

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Antonio Russo

2

Reason for the notification

a)

Position/status

Co-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

Zoetic International plc

b)

LEI

213800RGK8LNU9RGMT89

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 instrumentIdentification code

Ordinary shares of 1p eachISIN: GB00BWC4X262

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

US$0.51

500,000

d)

Aggregated information- Aggregated volume- Price

Not applicable - single transaction

e)

Date of the transaction

28 October 2020

f)

Place of the transaction

Off Market

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Antonio Russo

2

Reason for the notification

a)

Position/status

Co-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

Zoetic International plc

b)

LEI

213800RGK8LNU9RGMT89

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 instrumentIdentification code

Ordinary shares of 1p eachISIN: GB00BWC4X262

b)

Nature of the transaction

Issue of options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.10

2,887,500

d)

Aggregated information- Aggregated volume- Price

Not applicable - single transaction

e)

Date of the transaction

28 October 2020

f)

Place of the transaction

Off Market

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Trevor Taylor

2

Reason for the notification

a)

Position/status

Co-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

Zoetic International plc

b)

LEI

213800RGK8LNU9RGMT89

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 instrumentIdentification code

Ordinary shares of 1p eachISIN: GB00BWC4X262

b)

Nature of the transaction

Issue of options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.10

2,887,500

d)

Aggregated information- Aggregated volume- Price

Not applicable - single transaction

e)

Date of the transaction

28 October 2020

f)

Place of the transaction

Off Market

 

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END
 
 
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