Source - LSE Regulatory
RNS Number : 0752B
Van Elle Holdings PLC
09 February 2022


Van Elle Holdings plc

("Van Elle", the "Company" or the "Group")


PDMR Share Purchase


Van Elle Holdings plc (AIM:VANL) announces that it has been notified that Mr Mark Cutler, Chief Executive Officer, has purchased 150,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares") each at a price of 42.0 pence per share. Following this purchase, Mr Cutler is interested in 752,767 Ordinary Shares, representing approximately 0.71% of the Company's voting share capital.


The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:



Details of the person discharging managerial responsibilities / person closely associated



Mr Mark Cutler


Reason for the notification



Chief Executive Officer


Initial notification


Initial notification


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



Van Elle Holdings plc





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


Description of the Financial instrument, type of instrument

Identification code

Ordinary shares of 2p each






Nature of the transaction

Purchase of ordinary shares


Price(s) and volume(s)













Aggregated information

-       Aggregated volume

-       Price






Date of the transaction

8 February 2022


Place of the transaction

London Stock Exchange, AIM






Van Elle Holdings plc

Via Walbrook

Mark Cutler, Chief Executive Officer


Graeme Campbell, Chief Financial Officer




Peel Hunt LLP (Nominated Adviser and corporate broker)

Tel: 020 7418 8900

Mike Bell/Ed Allsopp




Walbrook PR Limited

Tel: 020 7933 8780 or

Tom Cooper/Nick Rome/Nicholas Johnson

07971 221 972 or 07748 325 236 or 07884 664 686



About Van Elle Holdings plc:


Van Elle Holdings is the UK's largest specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including - ground investigation, general and specialist piling, rail geotechnical engineering, modular foundations, and ground improvement and stabilisation services.


Van Elle operates through three divisions: General Piling, Specialist Piling and Ground Engineering; and is focused on three end markets: residential and housing, infrastructure and regional construction - across which the Group has completed more than 20,000 projects over the last 35 years.


General Piling provides a range of larger piling and ground engineering solutions for open-site construction projects. Specialist Piling provides a range of geotechnical solutions in operationally constrained environments including on-track rail applications. Ground Engineering services offers a range of ground investigation and geotechnical services and modular foundation solutions such as Smartfoot®. Van Elle has a market-leading reputation and the UK's largest rig fleet of 120 rigs.


Having floated on AIM in 2016 it now has a strong national presence, diversified offering and market-leading brand name.

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