Primorus Investments PLC
("Primorus" or the "Company")
Director/PDMR Dealing
Primorus (AIM: PRIM) announces that it received notification on 25 January 2021 that Rupert Labrum, Executive Chairman of the Company, purchased 2,832,177 ordinary shares in the capital of the Company at prices per share of between 3.5 pence and 4.09 pence. Further details are set out in the Notification of Dealing Form below.
Following the purchase, Rupert Labrum holds 20.38 per cent. of the Company's share capital. The shares purchased represent 2.03 per cent. of the Company's issued share capital.
| Director/PDMR | Ordinary shares purchased | Resultant interest in ordinary shares | Resultant percentage of issued ordinary shares |
| Rupert Labrum | 2,832,177 | 28,500,000 | 20.38% |
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
| Primorus Investments plc: | +44 (0) 20 8154 7909
|
| Rupert Labrum |
|
|
|
|
| Nominated Adviser & Broker: | +44 (0) 20 7213 0880 |
| Cairn Financial Advisers LLP |
|
| James Caithie / Sandy Jamieson |
|
Notification and public disclosure of transactions by persons discharging managerial responsibilities
and persons closely associated with them
| 1 | Details of the persons discharging managerial responsibilities / person closely associated
| |||||||||||
| a) | Name
| Rupert Labrum (Executive Chairman) | ||||||||||
| 2 | Reason for the notification
| |||||||||||
| a) | Position/Status
| PDMR | ||||||||||
| b) | Initial notification/ Amendment
| Initial notification
| ||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||
| a) | Name
| Primorus Investments plc | ||||||||||
| b) | LEI
| 213800XCLCY5I8O3PP36 | ||||||||||
| 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 £0.002 each
GB00BKTCLJ25 | ||||||||||
| b) | Nature of the transaction | Purchase of ordinary shares
| ||||||||||
| c) | Price(s) and volume(s)
|
| ||||||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
2,832,177
£0.03945 | ||||||||||
| e) | Date of transaction
| 25 January 2021 | ||||||||||
| f) | Place of transaction
| London Stock Exchange | ||||||||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
