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RNS Number : 3375A
Servelec Group plc
23 March 2017
 

23 March 2017

Servelec Group PLC

("Servelec" or the "Company")

Directors' Interests

  

Servelec Group Plc announces today that 22,521 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 of shares by Mr. Mike Cane, who is a Director of the Company and is described below.  Following the exercise Mr. Mike Cane has interests in 79,327 shares.

 

Following the allotment, the Company's issued share capital consists of 69,729,582 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

Mike Cane

b)

Position/status

Chief Financial Officer


Initial notification/ amendment

Initial Notification

 

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 of SAYE share options

 

c)

Price(s) and volume(s)

Exercise Price (s)

Volume(s)

£1.79

5,027

d)

Aggregated information

Aggregated volume Price

N/a

 

e)

Date of the transaction

23 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

 





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