AIREA plc
("AIREA", the "Group" or the "Company")
Director/PDMR Dealings
AIREA plc (AIM: AIEA), the UK design-led specialist flooring company, supplying both the UK and international markets, announces that on 13 April 2023, Mederic Payne, Chief Executive Officer, purchased in aggregate 78,000 ordinary shares of 25 pence each ("Ordinary Shares") at an average price of 36.89 pence per Ordinary Share.
Following these transactions, Mederic Payne's total interest in the Company is 78,000 Ordinary Shares representing 0.19 per cent. of the Company's total issued share capital.
Details of these transactions can be found in the Notification of Dealing Forms below.
- Ends -
For further information please contact:
| AIREA plc Médéric Payne, Chief Executive Officer Ryan Thomas, Chief Financial Officer
| Tel: +44 (0) 192 426 6561 |
| Singer Capital Markets Peter Steel / Sam Butcher | Tel: +44 (0) 20 7496 3000 |
| Yellow Jersey PR Sarah Hollins / Shivantha Thambirajah / Jazmine Clemens | Tel: +44 (0) 20 3004 9512 |
Notes to Editors
AIREA plc is a UK design-led specialist flooring company, supplying both UK and international markets. Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.
The Group's core brand Burmatex® is one of the UK's leading designers and manufacturers of commercial carpet tiles and planks. Burmatex® focuses on the design and creation of sustainable innovative flooring solutions to meet the needs of architects, specifiers and contractors with a continuously developing range to suit the education, leisure, commercial, hospitality and public sectors. The brand was acquired by AIREA in 1984.
The Group was admitted to trading on AIM of the London Stock Exchange on 12 December 2007.
For further information, please visit: https://aireaplc.com/.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Mederic Payne | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| PDMR (Chief Executive Officer) | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| AIREA plc | |||
| b)
| LEI
| 213800FNWL76NCLZU343 | |||
| 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 | Ordinary shares of 25 pence each
| |||
| | | ||||
| Identification code | GB00BW9PJQ87 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 36.89 pence 36.89 pence | 52,000 26,000
| | |
| | | | | | |
| d)
| Aggregated information | 78,000 Ordinary Shares | |||
| | | ||||
| - Aggregated volume | Average price of 36.89 pence | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 13 April 2023
| |||
| f)
| Place of the transaction
| London Stock Exchange, AIMX | |||
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