7 Feb 2020 07:01
7 Feburary 2020
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Van Elle Holdings plc
('Van Elle', the 'Group' or the 'Company')
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Director PDMR Shareholdings
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Van Elle Holdings plc (AIM:VANL) announces that it has been notified of the following transaction in ordinary shares of 2 pence each in the Company ("Ordinary Shares").
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Mr Mark Cutler, Chief Executive Officer, purchased 55,603 Ordinary Shares in the Company, at a price of 50.0 pence per share. Following this transaction, Mr Cutler has an interest in 192,767 Ordinary Shares, representing 0.24 per cent. of the issued share capital.
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Mr Michael Mason, Group Services Director and a PDMR of the Company, has sold 4,186,961 Ordinary Shares. Following this transaction, Mr Mason does not have an interest in Ordinary Shares.
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The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
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1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Mark Cutler  | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Executive Officer  | ||||
b. | Initial notification /Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Van Elle Holdings plc  | ||||
b. | LEI | 213800LQC6YL8KJT1Y18 Â | ||||
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 £0.02 each    ISIN: GB00BYX4TP46  | ||||
b. | Nature of the transaction |  Purchase of ordinary shares  | ||||
c. | Price(s) and volume(s) | Â
  | ||||
d. | Aggregated information ·; Aggregated volume ·; Price  |   n/a | ||||
e. | Date of the transaction | 6 February 2020 | ||||
f. | Place of the transaction | London Stock Exchange, AIM Â |
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1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Mick Mason  | ||||
2. | Reason for the notification | |||||
a. | Position/status | Group Services Director  | ||||
b. | Initial notification /Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Van Elle Holdings plc  | ||||
b. | LEI | 213800LQC6YL8KJT1Y18 Â | ||||
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 £0.02 each    ISIN: GB00BYX4TP46  | ||||
b. | Nature of the transaction |  Sale of ordinary shares  | ||||
c. | Price(s) and volume(s) | Â
  | ||||
d. | Aggregated information ·; Aggregated volume ·; Price  |   n/a | ||||
e. | Date of the transaction | 6 February 2020 | ||||
f. | Place of the transaction | London Stock Exchange, AIM Â |
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Enquiries:
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Van Elle Holdings plc | |
Adrian Barden | Tel: 01773 580 580 |
Instinctif Partners (Financial Public Relations) | Tel: 020 7457 2020 |
Mark Garraway James Gray Rosie Driscoll | |
Peel Hunt LLP (Nominated Adviser and Corporate Broker) | Tel: 020 7418 8900 |
Mike Bell Edward Allsopp |
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