Source - RNS
RNS Number : 1080I
Flowgroup plc
14 June 2017
 

14 June 2017

Flowgroup plc

("Flow" or the "Company")

Directors' Dealings

Further to completion of the Transaction, the Company announces the following dealings by its Directors pursuant to the Fundraising:

 

Director

Existing Ordinary Shares held

Placing Shares acquired at Issue Price

Open Offer Shares acquired at Issue price

Enlarged Ordinary Shares held


 




Clare Spottiswoode

752,287

-

817,703

1,569,990

Tony Stiff

           2,615,746

         3,000,000

                  -  

              5,615,746

Nigel Canham

                 68,400

         1,500,000

                  -  

              1,568,400

Andrew Beasley

               129,000

         1,000,000

                  -  

              1,129,000

John Johnston

           1,027,014

         5,000,000

   1,116,319

              7,143,333

David Grundy

               153,844

         1,000,000

                  -  

              1,153,844


 




Henry Cialone

444,692

1,000,000

-

1,444,692

 

 

Capitalised terms within this announcement shall have the same meaning as those defined in the circular detailing the Transaction, which can be viewed on the Company's website at http://flowgroup.uk.com.  



 

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

 

Clare Spottiswoode

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Chairman

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

 

Identification code

 

 

Ordinary shares of 0.1p each

 

 

ISIN: GB00B19H7076

 

b)

 

Nature of the transaction

 

 

Subscription for new ordinary shares in an Open Offer

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1 penny

 

817,703

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

N/A - single transaction

 

 

 

 

 

e)

 

Date of the transaction

 

 

13 June 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

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

 

Identification code

 

 

Ordinary shares of 0.1p each

 

 

ISIN: GB00B19H7076

b)

 

Nature of the transaction

 

 

Subscription for new ordinary shares in a placing

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1 penny

 

3,000,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

N/A - single transaction

 

 

 

 

 

e)

 

Date of the transaction

 

 

13 June 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

Nigel Canham

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial 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

 

Identification code

 

 

Ordinary shares of 0.1p each

 

 

ISIN: GB00B19H7076

 

b)

 

Nature of the transaction

 

 

Subscription for new ordinary shares in a placing

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1 penny

 

1,500,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

N/A - single transaction

 

 

 

 

 

e)

 

Date of the transaction

 

 

13 June 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

Andrew Beasley

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Managing Director

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

 

Identification code

 

 

Ordinary shares of 0.1p each

 

 

ISIN: GB00B19H7076

b)

 

Nature of the transaction

 

 

Subscription for new ordinary shares in a placing

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1 penny

 

1,000,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

N/A - single transaction

 

 

 

 

 

e)

 

Date of the transaction

 

 

13 June 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

John Johnston

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

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

 

Identification code

 

 

Ordinary shares of 0.1p each

 

 

ISIN: GB00B19H7076

 

b)

 

Nature of the transaction

 

 

1)    Subscription for new ordinary shares in a placing

2)    Subscription for shares in an Open Offer

c)

 

Price(s) and volume(s)

 

 

1)   

Price(s)

 

Volume(s)

1 penny

 

5,000,000

 

2)   

 

Price(s)

 

Volume(s)

1 penny

 

1,116,319

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

Price(s)

 

Volume(s)

1 penny

 

6,116,319

 

 

e)

 

Date of the transaction

 

 

13 June 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

David Grundy

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

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

 

Identification code

 

 

Ordinary shares of 0.1p each

 

 

ISIN: GB00B19H7076

 

 

b)

 

Nature of the transaction

 

 

Subscription for new ordinary shares in a placing

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1 penny

 

1,000,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

N/A - single transaction

 

 

 

 

 

e)

 

Date of the transaction

 

 

13 June 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

Henry Cialone

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Non-Executive Director

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

 

Identification code

 

 

Ordinary shares of 0.1p each

 

 

ISIN: GB00B19H7076

 

 

b)

 

Nature of the transaction

 

 

Subscription for new ordinary shares in a placing

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1 penny

 

1,000,000

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

N/A - single transaction

 

 

 

 

 

e)

 

Date of the transaction

 

 

13 June 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

 Enquiries:

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
 
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