24 May 2017 12:20
Primorus Investments plc
("Primorus" or the "Company")
Director Dealing
Primorus (PRIM.L) announces the following dealing in the ordinary shares of the Company made by a director.
On 22 May 2017, Alastair Clayton, Executive Director of the Company, acquired 30,250,000 Primorus ordinary shares at an aggregated price of 0.12 pence per share, representing 2.4% of the Company's issued ordinary share capital. Following the acquisition, Mr Clayton now holds an interest in 30,250,000 Primorus ordinary shares, representing 2.4% of the Company's issued ordinary share capital.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Primorus Investments plc: | +44 (0) 20 7440 0640 |
Alastair Clayton |
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Nominated Adviser: | +44 (0) 20 7213 0880 |
Cairn Financial Advisers LLP |
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James Caithie / Sandy Jamieson |
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Broker: | +44 (0) 20 3137 1902 |
Optiva Securities Limited |
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Christian Dennis / Jeremy King |
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About Primorus
Primorus aims to be the leading early-stage investor in pre-IPO and listed companies with a particular focus on natural resources (primarily energy), consumer services and technology. Through its listed structure Primorus may provide individual investors a route to access a range of private and pre-IPO opportunities that are usually the preserve of family offices, VC and private equity funders.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Alastair Raoul Clayton | ||||||
2 | Reason for notification |
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a. | Position/Status | Executive Director | ||||||
b. | Initial notification/ Amendment | Initial | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Primorus Investments PLC | ||||||
b. | LEI | 213800XCLCY5I8O3PP36 | ||||||
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 | ||||||
b. | Nature of the transaction | On market Purchase | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
0.0013 GBP 0.0013 GBP 0.00131 GBP 0.00098 GBP 0.00098 GBP | 5,000,000 10,000,000 10,000,000 2,500,000 2,750,000 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
30,250,000 0.001244 GBP
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e. | Date of the transaction | 22/05/2017 | ||||||
f. | Place of the transaction | UK
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Primorus Inv. (PRIM)