Kitwave Group PLC Director/PDMR Shareholding
July 02 2024 - 9:45AM
RNS Regulatory News
RNS Number : 8454U
Kitwave Group PLC
02 July 2024
2 July
2024
Kitwave Group
plc
("Kitwave", the "Group" or the "Company")
Director/PDMR
Shareholding
Kitwave Group plc (AIM: KITW), the
delivered wholesale business, was today notified by Chris Young and
Michael Young, both PDMRs at the Company, that their shareholdings
have increased following a transfer from Paul Young. Paul Young is
a substantial shareholder of the Company, and the father to both
Chris Young and Michael Young. The transfer was executed on 2 July
2024 for nil value.
In addition to the transfers, Paul
Young has made an additional transfer to another son, Dave Young,
who is not connected to the Company.
Details of the transfers and the
shareholdings of the relevant individuals are set out
below:
Name
|
Position/Status
|
Shareholding prior to share transfer
|
Shareholding post share transfer
|
Percentage of current issued share capital
|
Michael Young
|
PDMR
|
451,811
|
606,676
|
0.87%
|
Olga Young
|
PCA of Chris Young, a
PDMR
|
545,445
|
757,826
|
1.08%
|
Dave Young
|
Shareholder
|
-
|
792,112
|
1.13%
|
Paul Young
|
Substantial Shareholder
|
9,548,550
|
8,389,192
|
11.97%
|
-
Ends-
For
further information please contact:
Kitwave Group plc
Ben Maxted, Chief Executive
Officer
David Brind, Chief Financial
Officer
www.kitwave.co.uk
|
Tel: +44 (0) 191 259 2277
|
Canaccord Genuity Limited
(Nominated Adviser and Sole Broker)
Bobbie Hilliam
|
Tel: +44 (0) 20 7523 8150
|
Yellow Jersey PR
(Financial media and PR)
Charles Goodwin
Shivantha Thambirajah
Bessie Elliot
|
Tel: +44 (0) 20 3004 9512
|
Notification of a Transaction pursuant to Article 19(1) of the
EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of
domestic law by virtue of the European Union (Withdrawal) Act
2018.
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Olga Young
|
|
2
|
Reason for notification
|
|
a.
|
Position/Status
|
PCA to Person discharging managerial
responsibilities
|
|
b.
|
Initial notification/
Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
Kitwave Group plc
|
|
b.
|
LEI
|
2138007DLCYPVY95UD40
|
|
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 10 pence each
GB00BNYKB709
|
|
b.
|
Nature of the transaction
|
Transfer of Ordinary
Shares
|
|
c.
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil pence
|
212,381
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
N/A
|
|
e.
|
Date of the transaction
|
02 July 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange
(AIM)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Notification of a Transaction pursuant to Article 19(1) of the
EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of
domestic law by virtue of the European Union (Withdrawal) Act
2018.
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
a.
|
Name
|
Michael Young
|
2
|
Reason for notification
|
a.
|
Position/Status
|
Person discharging managerial
responsibilities
|
b.
|
Initial notification/
Amendment
|
Initial Notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a.
|
Name
|
Kitwave Group plc
|
b.
|
LEI
|
2138007DLCYPVY95UD40
|
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 10 pence each
GB00BNYKB709
|
b.
|
Nature of the transaction
|
Transfer of Ordinary
Shares
|
c.
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
Nil pence
|
154,865
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
N/A
|
e.
|
Date of the transaction
|
02 July 2024
|
f.
|
Place of the transaction
|
London Stock Exchange
(AIM)
|
|
|
|
|
|
|
|
|
|
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