SerVision plc Director/PDMR Shareholding (7282X)
February 23 2017 - 11:56AM
UK Regulatory
TIDMSEV
RNS Number : 7282X
SerVision plc
23 February 2017
23 February 2017
SerVision plc
("SerVision", the "Company" or the "Group")
Notification of transactions by directors/persons discharging
managerial responsibilities
Further to the announcement released on 22 February 2017,
SerVision (SEV), a leader in mobile live video streaming over
wireless and cellular networks, makes the following notification in
accordance with the requirements of the EU Market Abuse
Regulation.
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 Gidon Tahan
--- -------------------------- --------------------------------
2 Reason for the notification
--- ------------------------------------------------------------
a) Position/status Director - Chairman and
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 SerVision plc
--- -------------------------- --------------------------------
b) LEI Not available
--- -------------------------- --------------------------------
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 1p each
financial instrument, in SerVision plc ("Ordinary
type of instrument Shares")
Identification code
Identification code (ISIN)
for SerVision plc ordinary
shares: GB00B0586C20
--- -------------------------- --------------------------------
b) Nature of the transaction A personal guarantee by
Gidon Tahan for which security
over 9,857,881 Ordinary
Shares has been granted
to Cascade SVP, LLC should
the Company default on the
terms of a subscription
with Cascade SVP, LLC
--- -------------------------- --------------------------------
c) Price(s) and volume(s) Price (s): N/A
Volume (s): N/A
--- -------------------------- --------------------------------
d) Aggregated information Price (s): N/A
- Aggregated volume Volume (s): N/A
- Price
--- -------------------------- --------------------------------
e) Date of the transaction 21 February 2017
--- -------------------------- --------------------------------
f) Place of the transaction Outside of trading venue
--- -------------------------- --------------------------------
For further information:
SerVision plc +972 2535 0000
Gidon Tahan, Chairman and CEO
Allenby Capital Limited (Nominated +44 (0)20 3328
Adviser and Joint Broker) 5656
Nick Athanas / James Reeve
Beaufort Securities Limited (Joint
Broker)
+44 (0)20 7382
Elliot Hance 8300
Leander PR (Financial PR)
+44 (0)7795 168
Christian Taylor-Wilkinson 157
This information is provided by RNS
The company news service from the London Stock Exchange
END
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