Shearwater Group PLC Director/PDMR Shareholding (0682I)
August 09 2021 - 12:43PM
UK Regulatory
TIDMSWG
RNS Number : 0682I
Shearwater Group PLC
09 August 2021
9 August 2021
SHEARWATER GROUP PLC
("Shearwater", or the "Company")
Director/PDMR Shareholding
Shearwater Group plc (AIM: SWG), the organisational resilience
group, announces that it has received notification that on 9 August
2021 Phil Higgins, Group Chief Executive Officer of the Company,
transferred 65,000 ordinary shares of 10p in the Company ("Ordinary
Shares") previously held in his own name into ISAs held by Mr.
Higgins and his family members. This transfer was facilitated by
way of a sale by Mr. Higgins of 65,000 Ordinary Shares at a price
of 153.0 pence per Ordinary Share and subsequent repurchases of an
aggregate of 65,000 Ordinary Shares in five equal amounts by ISAs
held by Mr. Higgins, his wife and his three adult children at a
price of 153.05 pence per Ordinary Share.
Following these transactions, Mr. Higgins' is beneficially
interested in 2,197,350 Ordinary Shares, representing approximately
9.2% per cent. of the issued ordinary share capital of the Company,
and the aggregate interest in Ordinary Shares of the Higgins family
remains unchanged.
Enquiries:
Shearwater Group plc www.shearwatergroup.com
David Williams c/o Alma PR
Phil Higgins
Cenkos Securities plc - NOMAD and
Joint Broker
Ben Jeynes / Max Gould - Corporate
Finance
Julian Morse / Michael Johnson -
Sales +44 (0) 20 7397 8900
Berenberg - Joint Broker
Matthew Armitt / Mark Whitmore +44 (0) 20 3207 7800
Alma PR shearwater@almapr.co.uk
Susie Hudson / Caroline Forde / +44 (0) 20 3405 0205
Joe Pederzolli
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 Phil Higgins
-------------------------- ------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status CEO
-------------------------- ------------------------------------------
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 GB00BKT6VH21
Identification code
-------------------------- ------------------------------------------
b) Nature of the transaction Sale of shares and purchase of shares
made through ISA
-------------------------- ------------------------------------------
c) Price(s) and volume(s) Share Sale Share Purchase
Volume 65,000 13,000
------------ ---------------
Price 153.0 pence 153.05 pence
------------ ---------------
-------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume Single transactions
- Price
-------------------------- ------------------------------------------
e) Date of the transaction 9 August 2021
-------------------------- ------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------- ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Lauren Higgins, Johnathan Higgins,
Madison Higgins
-------------------------- ---------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status Persons Closely Associate with the
CEO
-------------------------- ---------------------------------------------
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 GB00BKT6VH21
-------------------------- ---------------------------------------------
b) Nature of the transaction Purchase of shares made through ISA
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) Person Closely Price Volume
Associated
Lauren Higgins 153.05 pence 13,000
-------------- -------
Johnathan
Higgins 153.05 pence 13,000
-------------- -------
Madison Higgins 153.05 pence 13,000
-------------- -------
-------------------------- ---------------------------------------------
d) Aggregated information
- Aggregated volume See above
- Price
-------------------------- ---------------------------------------------
e) Date of the transaction 9 August 2021
-------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------- ---------------------------------------------
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHBLGDIBSGDGBC
(END) Dow Jones Newswires
August 09, 2021 12:43 ET (16:43 GMT)
Shearwater (LSE:SWG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Shearwater (LSE:SWG)
Historical Stock Chart
From Jul 2023 to Jul 2024