Sureserve Group plc
("Sureserve" or the "Group")
Exercise of Options and Total Voting Rights
Director/PDMR Shareholding
Sureserve (AIM: SUR), the compliance and energy services Group, announces that pursuant to the exercise of options by employees under the Company's Sharesave Plan, it has issued and allotted, subject to admission to trading on AIM ("Admission"), 198,525 new ordinary shares of 10 pence each (the "Ordinary Shares") at an exercise price of 34 pence each.
As part of these option exercises, John Charlton, Group Company Secretary and a PDMR, has exercised options in respect of 15,882 new Ordinary Shares. Following the exercise, Mr Charlton has a total beneficial interest in 26,454 Ordinary Shares, representing 0.02% of the issued share capital of the Company.
Application for admission of the New Ordinary Shares to trading on AIM has been made and dealings in the new Ordinary Shares are expected to commence at 8.00 a.m. on 8 June 2021. The new Ordinary Shares will rank pari-passu with the Company's existing issued ordinary shares.
Total Voting Rights
Following Admission, the total number of Ordinary Shares in issue will be 160,978,843. The Company does not hold any Ordinary Shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Enquiries
| Sureserve Group | |
| Nick Winks, Chairman | c/o Camarco |
| Peter Smith, Interim Chief Operating Officer and Chief Financial Officer | 07590 929 431
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| | |
| Camarco (Financial Public Relations) | |
| Ginny Pulbrook | 020 3757 4992 |
| Ollie Head | |
| | |
| Shore Capital (Nominated Adviser and Broker) | |
| Stephane Auton | 020 7408 4090 |
| Daniel Bush | |
| Fiona Conroy | |
Notes to editors
Sureserve is a leading compliance and energy services group that performs critical functions in homes, public and commercial buildings, with a focus on clients in the UK public sector and regulated markets. Services are delivered through two divisions: Compliance and Energy Services.
The Group was founded in 1988 and is headquartered in Basildon and currently employs some 2,299 staff.
The notification set out below is made in accordance with the UK version of the EU Market Abuse Regulation (2014/596/EU) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | John Charlton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group Company Secretary (PDMR) | |
| b) | Initial notification/ Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name
| Sureserve Group plc | |
| b) | LEI | 213800FHUTNVX8LWPH50 | |
| 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 10p each in the capital of Sureserve Group plc
GB00BSKS1M86 | |
| b) | Nature of the transaction | Purchase of Ordinary Shares pursuant to the exercise of options.
| |
|
c) |
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 34.00p | 15,882 | ||
| d) | Aggregated information - Aggregated price - Aggregated volume - Aggregated total | N/A - single transaction | |
| e) | Date of the transaction | 8 June 2021 | |
| f) | Place of the transaction | Off market transaction | |
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