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Director/PDMR Shareholding

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By LSE RNS

RNS Number : 1826R
Flowgroup plc
19 September 2017
 

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

Flowgroup plc

("Flowgroup" or the "Group" or "Company")

 

Director/PDMR Shareholding

 

Flowgroup plc (AIM: FLOW), which provides residential gas and electricity supply and other energy services to over 250,000 customer fuel accounts, announces that Tony Stiff, Chief Executive Officer, has today purchased 11,233,131 ordinary shares of 0.1p each at an average price of 0.8676p per share.

 

Following these share purchases, Mr Stiff's resulting shareholding is 16,848,877 ordinary shares in Flowgroup, representing approximately 1.184% of the Company's issued ordinary share capital.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Tony Stiff

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Flowgroup 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

Ordinary shares of 0.1p each



Identification code

ISIN: GB00B19H7076



b)

 

Nature of the transaction

 

 

Purchase of ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




0.8961p per share

1,115,277




0.8800p per share

2,840,113




0.8700p per share

861,379




0.8690p per share

1,150,057




0.8689p per share

1,150,189




0.8500p per share

2,940,352




0.8500p per share

1,175,764




 

 

 



d)

 

Aggregated information

N/A



- Aggregated volume

11,233,131 shares



- Price

Volume weighted average price of 0.8676p



e)

 

Date of the transaction

 

 

19 September 2017

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM Market (XLON)

 

 

 

 

Flowgroup plc

www.flowgroup.uk.com

Tony Stiff, Group Chief Executive Officer

Tel: +44 (0)20 3137 4525

Nigel Canham, Chief Financial Officer

 

 

 

Cenkos Securities plc (NOMAD and Broker)

Tel: +44 (0)20 7397 8900

Stephen Keys / Mark Connelly / Callum Davidson  (Corporate Finance)

 

 

Julian Morse (Sales)

 

 

 

Walbrook PR Ltd (Media Relations)

Tel: +44 (0)20 7933 8780 or flowgroup@walbrookpr.com

Paul McManus

Mob: +44 (0)7980 541 893

Nick Rome

Mob: +44 (0)7748 325 236

 


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