Volution Group plc Director/PDMR Shareholding (9200N)
January 23 2019 - 9:40AM
UK Regulatory
TIDMFAN
RNS Number : 9200N
Volution Group plc
23 January 2019
23 January 2019
Volution Group plc
Director Shareholding - transfer to spouse & nominee
account
Volution Group plc (the "Company", LSE: FAN) a leading supplier
of ventilation products to the residential and commercial
construction markets, announces that on 23 January 2019 it received
notification that Ronnie George, Chief Executive Officer,
transferred 2,800,000 of his ordinary shares in the Company to his
spouse, to be held in a nominee account at Hargreave Hale Limited
and transferred 2,822,833 of his ordinary shares in the Company
which were held in paper form, to his existing nominee account at
Hargreave Hale Limited.
Following this notification, the total share interests of Ronnie
George (and his Closely Associated Persons) remain unchanged at
5,642,797 ordinary shares, which represents 2.84% of the Company's
voting capital.
The following notification, made pursuant to Article 19(3) of
the Market Abuse Regulation, provides further details.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Ronnie George
-------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Volution Group plc
-------------------------- --------------------------------------------
b) LEI 213800EPT84EQCDHO768
-------------------------- --------------------------------------------
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 Ordinary shares of 1 pence each
financial instrument,
type of instrument
ISIN: GB00BN3ZZ526
Identification code
-------------------------- --------------------------------------------
b) Nature of the transaction (i) Transfer of shares to Lynsey George
(spouse) for nil consideration, to
be held in a nominee account at Hargreave
Hale Limited
(ii) Transfer of shares held in paper
form to a nominee account at Hargreave
Hale Limited
-------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
(i) Nil 2,800,000
(ii) Nil 2,822,833
-----------
-------------------------- --------------------------------------------
d) Aggregated information
- Aggregated volume 5,622,833 shares
- Price Nil
-------------------------- --------------------------------------------
e) Date of the transaction 23 January 2019
-------------------------- --------------------------------------------
f) Place of the transaction Outside of main market
-------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Lynsey George
-------------------------- -------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Closely Associated Person (spouse)
of Ronnie George, Chief Executive Officer
-------------------------- -------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Volution Group plc
-------------------------- -------------------------------------------
b) LEI 213800EPT84EQCDHO768
-------------------------- -------------------------------------------
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 Ordinary shares of 1 pence each
financial instrument,
type of instrument
ISIN: GB00BN3ZZ526
Identification code
-------------------------- -------------------------------------------
b) Nature of the transaction Transfer of shares from Ronnie George
(spouse)
-------------------------- -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 2,800,000
----------
-------------------------- -------------------------------------------
d) Aggregated information
- Aggregated volume Not applicable, single transaction.
- Price
-------------------------- -------------------------------------------
e) Date of the transaction 23 January 2019
-------------------------- -------------------------------------------
f) Place of the transaction Outside of main market
-------------------------- -------------------------------------------
- ends -
Enquiries:
Volution Group plc
Michael Anscombe, Company Secretary +44 (0) 1293 441662
Note to Editors:
Volution Group plc (LSE: FAN) is a leading supplier of
ventilation products to the residential and commercial construction
markets in the UK, the Nordics, Central Europe and Australasia.
The Volution Group operates through two divisions: the
Ventilation Group and the OEM (Torin-Sifan) division. The
Ventilation Group comprises 15 key brands - Vent-Axia, Manrose,
Diffusion, National Ventilation, Airtech, Breathing Buildings,
Fresh, PAX, VoltAir, Welair, Kair, Air Connection, inVENTer,
Ventilair and Simx, focused primarily on the UK, the Nordic,
Central European and Australasian ventilation markets. The
Ventilation Group principally supplies ventilation products for
residential and commercial ventilation applications. The OEM
(Torin-Sifan) division supplies motors, fans and blowers to OEMs of
heating and ventilation products for both residential and
commercial construction applications in Europe.
For more information, please go to: www.volutiongroupplc.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHLLFVSLAIVFIA
(END) Dow Jones Newswires
January 23, 2019 09:40 ET (14:40 GMT)
Volution (LSE:FAN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Volution (LSE:FAN)
Historical Stock Chart
From Jul 2023 to Jul 2024