Source - RNS
RNS Number : 8228J
Zambeef Products PLC
14 September 2016
 



                                                                                                                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 instrument

Identification code

 ORDINARY SHARES OF ZMW0.01

ZM0000000201

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s

 

Price(s)

Volume(s)

£0.1519 per share

1,000,000

d)

Aggregated information

Aggregated volume

Price

 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 plc
Carl Irwin, Joint Chief Executive Officer
Francis 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 Dibden
Sophie Moate
Nick 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-

 


This information is provided by RNS
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