TIDMSWC

RNS Number : 9960U

Summerway Capital PLC

09 April 2021

9 April 2021

Summerway Capital Plc

("Summerway" or the "Company")

Director / PDMR Dealing

Summerway Capital Plc announces that on 8 April 2021 it was notified that Vin Murria OBE, Chairman of the Company, sold 1,000,000 ordinary shares of 1 pence each in the Company ( " Ordinary Shares " ) to a leading UK institutional equity investor, at a price of 165 pence per Ordinary Share.

Following this transaction, Ms Murria's total beneficial interest in the Company is 1,403,409 Ordinary Shares representing approximately 17.5 per cent. of the Company's total issued share capital.

The Notification of Dealing Form required in accordance with Article 19.3 of MAR is set out below.

 
 a)   Name                                Vin Murria 
 2    Reason for the notification 
     --------------------------------------------------------------------------------- 
 a)   Position/status                     Chair 
     ----------------------------------  --------------------------------------------- 
 b)   Initial notification                Initial Notification 
       / Amendment 
     ----------------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------------- 
 a)   Name                                Summerway Capital plc 
     ----------------------------------  --------------------------------------------- 
 b)   LEI                                 213800YXCATORT475807 
     ----------------------------------  --------------------------------------------- 
 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, 
       type of instrument 
                                           GB00BDQYGP38 
       Identification code 
     ----------------------------------  --------------------------------------------- 
 b)   Nature of the transaction           Sale of Ordinary Shares 
     ----------------------------------  --------------------------------------------- 
 c)              Price(s) and volume(s)     Price(s)               Volume(s) 
                                             165 pence per share    1,000,000 
                                                                   ---------- 
     ----------------------------------  --------------------------------------------- 
 d)   Aggregated information              N/A - single transaction 
 
 
       - Aggregated volume 
 
 
       - Price 
     ----------------------------------  --------------------------------------------- 
 e)   Date of the transaction             7 April 2021 
     ----------------------------------  --------------------------------------------- 
 f)   Place of the transaction                       London Stock Exchange, AIM Market 
                                                      (XLON) 
     ----------------------------------  --------------------------------------------- 
 

Enquiries:

Summerway Capital Plc

Tony Morris (Director) +44 (0) 20 7440 7520

N+1 Singer (Nominated Adviser and Broker)

Sandy Fraser, Amanda Gray +44 (0) 20 7496 3000

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END

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April 09, 2021 06:30 ET (10:30 GMT)

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