9 Aug 2016 14:08
9 August 2016
Sweett Group plc (the "Company")
Notification of Transaction by Directors/PDMRs
The Company was notified on 9 August 2016 that Patrick Sinclair, Chief Financial Officer, a Director and Person Discharging Management Responsibilities ("PDMR"), exercised share options in the Company as set out below:
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) |
Name |
Patrick Sinclair | |
2 | Reason for the notification | ||
a) |
Position/status |
Chief Financial Officer | |
b) |
Initial notification/ Amendment |
Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) |
Name
|
Sweett Group plc | |
b) |
LEI |
- | |
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 Sweett Group plc
ISIN - GB00B23QD109
| |
b) |
Nature of the transaction |
Exercise of 138,888 share options granted on 7 December 2012 under the Cyril Sweett 2010 Approved Share Option Plan
| |
c) |
Price(s) and volume(s)
|
Price(s) |
Volume(s) |
£0.18 per share |
138,888 | ||
d) | Aggregated information - Aggregated volume - Price | Aggregated volume - 138,888 Price - £0.18 Aggregated Price - £24,999.84 | |
e) |
Date of the transaction |
09/08/2016 | |
f) |
Place of the transaction |
London Stock Exchange (XLON), AIM | |
Following this, Mr Sinclair is interested in 219,104 ordinary shares in the Company, representing approximately 0.31 per cent of the enlarged share capital of the Company.
For further information, please contact:
Sweett Group plc
Patrick Sinclair, Chief Financial Officer +44 (0) 20 7061 9000
Philip Watt, Company Secretary
Stockdale Securities Limited +44 (0) 20 7601 6100
Tom Griffiths
Ed Thomas
Camarco +44 (0) 20 3757 4980
Billy Clegg
Georgia Mann