14 Sep 2016 11:35
14 September 2016
Zambeef Products Plc
("Zambeef" or the "Company")
Director Dealing
Zambeef (AIM: ZAM), the fully integrated food producer with operations in Zambia, Nigeria and Ghana, announces that on 13 September 2016, Graham John Clark, Non-Executive Director of the Company, bought 1,000,000 ordinary shares of ZMW0.01 each in Zambeef ("Ordinary Shares") at an average price of 15.19 pence per Ordinary Share.
Following the Share Purchase, Graham John Clark has a beneficial interest and voting rights in 1,000,000 Ordinary Shares, representing approximately 0.33 per cent. of the Company's current issued Ordinary Shares.
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Graham John Clark | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-Executive Director | ||||
b) | Initial notification /Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Zambeef Products Plc | ||||
b) | Legal Entity Code | N/A | ||||
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 ZMW0.01ZM0000000201 | ||||
b) | Nature of the transaction | Purchase | ||||
c) | Price(s) and volume(s |
| ||||
d) | Aggregated informationAggregated volumePrice | N/A - single transaction | ||||
e) | Date of the transaction | 13/09/2016 | ||||
f) | Place of the transaction | London Stock Exchange XLON | ||||
For further information, please contact:
| |
Zambeef Products plcCarl Irwin, Joint Chief Executive OfficerFrancis Grogan, Joint Chief Executive Officer | Tel: +260 (0) 211 369003 |
Strand Hanson Limited (Financial & Nominated Adviser) | Tel: +44 (0) 20 7409 3494 |
James Spinney | |
Ritchie Balmer Frederick Twist
| |
Finncap (Broker) | Tel: +44 (0) 20 7220 0500 |
Joanna Scott | |
Raymond Greaves | |
Powerscourt (Financial PR)Nick DibdenSophie MoateNick Brown
| Tel: +44 (0)20 7250 1446 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
-Ends-
Zambeef Prod. (ZAM)