Register to get unlimited Level 2

Company Announcements

PDMR Interests - Replacement

Related Companies

By LSE RNS

RNS Number : 8144Z
Servelec Group plc
17 March 2017
 

17 March 2017

Servelec Group PLC

("Servelec" or the "Company")

PDMR Interests 

 

This is a replacement announcement, updating the volume of shares exercised and sold by Sue Hawkswell, COO of Servelec HSC and PDMR.

 

Servelec Group Plc announces today that 32,757 shares were exercised by employees in relation to the SAYE scheme and were allotted from the block listing announced on 16 January 2017.

 

The exercise of options included the exercise and sale of shares by Sue Hawkswell and Garry McCord, who are each considered to be persons discharging managerial responsibility (PDMR) and Victoria Mudd who is a person closely associated to the PDMR, Garry McCord.  Details are disclosed below.

 

Following the allotment, the Company's issued share capital consists of 69,707,061 Ordinary Shares which 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 in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

Notification and public disclosure of transactions by person discharging managerial responsibilities and persons closely associated with them

 

1.

Details of PDMR/Person Closely Associated with them ('PCA')

a)

Name

1    Sue Hawkswell

2    Garry McCord

3    Victoria Mudd

b)

Position/status

1    COO Servelec HSC

2    CTO Servelec HSC

3    PCA of the CTO Servelec HSC


Initial notification/ amendment

Amendment

 

2.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Servelec Group Plc

b)

ISIN

GB00BFRBTP86

2.

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

Ordinary Shares of 18p each

b)

Nature of the transaction

Exercise and sale of SAYE share options

 

 

c)

Price(s) and volume(s)

 


Exercise Price (s)

Selling Price(s)

Volume(s)

1

£1.79

2.75

2,011

2

£1.79

2.75

5,027

3

£1.79

2.75

5,027

d)

Aggregated information

Aggregated volume Price

N/a

 

e)

Date of the transaction

16 March 2017

f)

Place of the transaction

London Stock Exchange

 

For further enquiries, please contact:

 

Servelec Group plc



Mike Cane, Chief Financial Officer

 

+44 (0) 1246 437 400

 





. <ENDS>


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHBBGDXGBBBGRR

Top of Page