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Directors' share purchase and PDMR Notification

31 Aug 2016 09:14

RNS Number : 5252I
Air Partner PLC
31 August 2016
 

31 August 2016

Air Partner plc

Directors' share purchase and PDMR Notification

Air Partner plc ('Air Partner', 'the Company' or 'Group'), the global aviation services group, has been notified on 26 August 2016 that certain Directors of the Company have purchased Ordinary shares of 5p each in the Company ("Shares") as follows:

 

Director

Date of purchase

Number of shares purchased

Purchase price

Total Shares held

% ISC held following purchase

Peter Saunders

 

26 August 2016

5,000

£4.56

5,000

0.05%

Shaun Smith

26 August 2016

2,327

£4.48

2,327

0.02%

 

 

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities ("PDMR") or persons closely associated with them ("PCA")

a)

Name

 

1. Peter Saunders

 

2. Shaun Smith

 

b)

Position/status

 

1. Senior Independent Director/Independent Non-executive director

 

2. Independent Non-executive director

 

c)

Initial notification/ Amendment

 

Initial notification

2

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

a)

Name

 

Air Partner plc

b)

LEI

 

213800JLR6YIRMSCUS98

3

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 share of 5 pence

 

 

 

 

 

GB0000115302

b)

Nature of the transaction

 

Acquisition of shares

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

1. £4.56

2. £4.48

 

1. 5,000

2. 2,327

 

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

e)

Date of the transaction

 

26 August 2016

 

f)

Place of the transaction

 

London Stock Exchange

 

Ends

Enquiries:

Air Partner

01293 844800

Mark Briffa, Chief Executive Officer

 

Neil Morris, Chief Financial Officer

 

 

 

Temple Bar Advisory 

020 7002 1080

Tom Allison

07789 998 020

Ed Orlebar

07738 724 630

Alycia MacAskill

07776 253 482

 

About Air Partner:

Founded in 1961, Air Partner is a global aviation services group that provides worldwide solutions to industry, commerce, governments and private individuals. The Group has two divisions‎: (a) Broking division, comprising air charter broking and remarketing through the Air Partner and Cabot brands respectively; and (b) Training & Consulting division, via the aviation safety consultancy Baines Simmons. For reporting purposes, the Group is structured into four divisions: Commercial Jets, Private Jets, Freight (Broking) and Baines Simmons (Training & Consultancy). The Commercial Jet division charters large airliners to move groups of any size. Cabot Aviation, which is formed within the Commercial Jet division, provides comprehensive remarketing programmes for all types of commercial and corporate aircraft to a wide range of international clients. Private Jets offers the company's unique pre-paid JetCard scheme and on-demand charter. Air Partner Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Baines Simmons is a world leader in Aviation Safety Consulting which specialises in aviation regulation, compliance and safety management. Air Partner is headquartered alongside Gatwick airport in the UK. Air Partner operates 24/7 year-round and has 20 offices globally. Air Partner is listed on the London Stock Exchange (AIR) and is also ISO 9001:2008 compliant for commercial airline and private jet solutions worldwide.  www.airpartner.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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