30 Nov 2016 08:21
FOR IMMEDIATE RELEASE
Porvair plc ("Porvair" or the "Company")
Director's shareholding and changes in equity
The Company has been notified of the following purchases of ordinary shares of 2 pence each in the Company ("Shares") by Ben Stocks, Chief Executive, pursuant to the Company's dividend reinvestment plan.
Director | Date of purchase | Number of Shares purchased | Purchase price |
Ben Stocks | 3 June 2016 | 3,997 | 334p |
2 September 2016 | 2,247 | 386p |
Following these dealings, Ben Stocks is interested in 665,731 Shares, representing approximately 1.47 per cent. of the Company's issued share capital.
Following the issue of 150,928 new Shares to satisfy the exercise of SAYE share options during October and November 2016 and 25,000 new Shares to satisfy the exercise of EMI share options in July 2016, the Company has 45,307,680 Shares in issue. There are no Shares held in treasury. Therefore, the total number of voting rights in the Company following the issue of the new Shares is 45,307,680. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
Porvair plc | 01553 765 500 |
Chris Tyler, Group Finance Director | |
Buchanan Communications | 0207 466 5000 |
Charles Ryland / Stephanie Watson | |
Notes to Editors
Porvair is a group of specialist filtration and environmental technology businesses. Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets. Its principal markets are aviation, energy and industrial process, environmental laboratories and non-ferrous metals.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a. | Name | Ben Stocks | ||||||
2. | Reason for the notification | |||||||
a. | Position/status | Chief Executive | ||||||
b. | Initial notification /Amendment | Initial | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Porvair plc | ||||||
b. | LEI | 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 instrument Identification code | Ordinary shares of 2 pence each
ISIN: GB0006963689 | ||||||
b. | Nature of the transaction | Purchase of shares
| ||||||
c. | Price(s) and volume(s) |
| ||||||
d. | Aggregated information · Aggregated volume · Price
|
3,997 shares at 334p 2,247 shares at 386p
| ||||||
e. | Date of the transaction | 2016-06-03 and 2016-09-02 | ||||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
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Porvair (PRV)