TIDMSWG

RNS Number : 3070R

Shearwater Group PLC

28 October 2019

28 October 2019

SHEARWATER GROUP PLC

("Shearwater" or the "Company")

Director / PDMR Shareholding

Shearwater Group plc (AIM: SWG) today announces that on 25 October 2019 Robin Southwell, non-executive director, purchased 42,500 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of GBP2.2833 per share.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Robin Southwell 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                Non-executive director 
     -----------------------------  ------------------------------------ 
 b)   Initial notification           Initial Notification 
       /Amendment 
     -----------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                           Shearwater Group plc 
     -----------------------------  ------------------------------------ 
 b)   LEI                            213800ZRUKUYDJLKD504 
     -----------------------------  ------------------------------------ 
 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 10 pence each 
       financial instrument, 
       type of instrument 
       Identification code            GB00B00T3528 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Purchase of Ordinary Shares 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)           Volume(s) 
                                        GBP2.2833 pence    42,500 
                                                          ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume             N/A - single transaction 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        25 October 2019 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       London Stock Exchange, AIM 
     -----------------------------  ------------------------------------ 
 

Enquiries:

 
 Shearwater Group plc                      c/o Instinctif Partners 
  David Williams, Chairman 
  Phil Higgins, CEO 
 Cenkos Securities plc - NOMAD and 
  Joint Broker 
  Max Hartley / Giles Balleny - NOMAD 
  Julian Morse / Michael Johnson - 
  Sales                                       +44 (0) 20 7397 8900 
 
 Berenberg - Joint Broker 
  Matthew Armitt / Mark Whitmore              +44 (0) 20 3207 7800 
 
 Instinctif Partners                     shearwater@instinctif.com 
  Adrian Duffield / Chantal Woolcock          +44 (0) 20 7457 2815 
 

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

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October 28, 2019 04:53 ET (08:53 GMT)

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