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Director/PDMR Shareholding

9 Aug 2016 14:08

RNS Number : 7011G
Sweett Group PLC
09 August 2016
 

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

 

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