TIDMUNX
RNS Number : 0920T
Unigel Group PLC
10 November 2023
Unigel Group plc
(the "Group" or the "Company")
Director / PDMR Shareholdings
Unigel Group plc (AQSE: UNX), the manufacturer and supplier of
materials used in the manufacture of telecommunication fibre optic
cables announces the transfer of certain shares beneficially held
by Eric Chhoa, CEO of the Company, to certain individuals and
Mukthiar (Danny) Sohal, a PDMR of the Company, and the sale and
purchase of certain shares as part of a separate transfer of
shares, from a shareholder to Crystal Koh, a director of Unitape
Limited and PDMR of the Company.
Eric Chhoa Share Transfer
The Company was notified on 9 November 2023 that Hikari Capital
Limited, a company controlled and majority owned by Eric Chhoa, CEO
of the Company, sold 3,505,546 ordinary shares on 8 November 2023
at a price of 64 pence per share ("Share Transfer"). The Share
Transfer was completed as an off-market transaction.
Following the Share Transfer, Eric Chhoa holds 6,494,454
ordinary shares in the Company representing 57.55 per cent. of the
Company's current issued share capital.
As part of the Share Transfer, Mukthiar (Danny) Sohal, Director
of Unigel Inc and Deputy CEO of Unigel (UK) Limited and PDMR of the
Company, has acquired ordinary shares in the Company as set out
below:
Resultant
Resultant percentage
Director / Purchase Ordinary interest in of issued
PDMR price shares purchased ordinary shares ordinary shares
Mukhtiar (Danny)
Sohal 64 pence 402,364 432,364* 3.83%
---------- ------------------ ----------------- -----------------
*30,000 ordinary shares are held by Sally Singh-Sohal, Spouse of
Mukhtiar (Danny) Sohal.
Crystal Koh Share Transfer
The Company was also notified on 9 November 2023 that Crystal
Koh, Director of Unitape Limited and PDMR of the Company, acquired
30,000 ordinary shares at a price of 64 pence per ordinary share on
8 November 2023, as part of a share transfer from a shareholder in
the Company. Crystal Koh's share transfer was completed as an
off-market transaction.
Resultant
Resultant percentage
Director / Purchase Ordinary interest in of issued
PDMR price shares purchased ordinary shares ordinary shares
Crystal Koh 64 pence 30,000 60,000 0.53%
---------- ------------------ ----------------- -----------------
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation and the Directors of the Company
are responsible for the release of this announcement.
Enquiries:
Unigel Group plc
Eric Chhoa +81 80 6929 3688
Gary Revel-Chion +44 (0) 1273 612 122
Cairn Financial Advisers LLP (AQSE Corporate
Adviser)
Jo Turner +44 (0) 20 7213 0880
Ludovico Lazzaretti
Notes to Editors
Unigel Group plc is the holding company whose operating
subsidiaries, Unigel (UK) Limited ("Unigel") and Unitape Limited
("Unitape") manufacture and distribute materials used in the
manufacture of telecommunication fibre optic cables.
Unigel, in which the Group has a 60.0% holding, formulates,
manufactures, and markets thixotropic gels primarily to the fibre
optic cable industry. In addition, it also makes specialty gel
products for the construction, green energy, and high voltage
transmission apparatus markets.
Unitape, a wholly owned subsidiary of the Group, is one of the
largest domestic manufacturers and suppliers of laminated steel
tapes to the fibre optic cable industry in North America.
Notification of a Transaction pursuant to Article 19(1) of Regulation
(EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person
closely associated
-----------------------------------------------------------------------------------------------
a. Name Eric Chhoa
--------------------------------------- ------------------------------------------------------
2 Reason for notification
--------------------------------------- ------------------------------------------------------
a. Position/Status Chief Executive Officer of the Company (also
the controller and majority shareholder of
Hikari Capital Limited)
--------------------------------------- ------------------------------------------------------
b. Initial notification/ Initial notification
Amendment
--------------------------------------- ------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------------
a. Name Unigel Group plc
--------------------------------------- ------------------------------------------------------
b. LEI 213800WJ4R4R99242P96
--------------------------------------- ------------------------------------------------------
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 Ordinary shares of 0.5 pence each
the financial
instrument, type
of instrument
ISIN: GB00BPP4RY41
Identification
Code
--------------------------------------- ------------------------------------------------------
b. Nature of the Sale of ordinary shares pursuant to the Share
transaction Transfer
--------------------------------------- ------------------------------------------------------
c. Price(s) and volume(s) Price Volume
64p 3,505,546
----------
--------------------------------------- ----------------------------------------------
d. Aggregated information
- Aggregated Volume
- Price
--------------------------------------- ------------------------------------------------------
e. Date of the transaction 8 November 2023
--------------------------------------- ------------------------------------------------------
f. Place of the transaction Off-market transaction
--------------------------------------- ------------------------------------------------------
Notification of a Transaction pursuant to Article 19(1) of Regulation
(EU) No. 596/2014
1 Details of the person discharging managerial responsibilities/person
closely associated
----------------------------------------------------------------------------------------------
a. Name A) Mukthiar (Danny) Sohal
B) Crystal Koh
------------------------------------ --------------------------------------------------------
2 Reason for notification
------------------------------------ --------------------------------------------------------
a. Position/Status A) Director of Unigel Inc and Deputy CEO
of Unigel (UK) Limited
B) Director of Unitape Limited
------------------------------------ --------------------------------------------------------
b. Initial notification/ Initial notification
Amendment
------------------------------------ --------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------------------
a. Name Unigel Group plc
------------------------------------ --------------------------------------------------------
b. LEI 213800WJ4R4R99242P96
------------------------------------ --------------------------------------------------------
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 Ordinary shares of 0.5 pence each
the financial
instrument, type
of instrument
ISIN: GB00BPP4RY41
Identification
Code
------------------------------------ --------------------------------------------------------
b. Nature of the A) Purchase of ordinary shares pursuant to
transaction the Share Transfer
B) Purchase of ordinary shares
------------------------------------ --------------------------------------------------------
c. Price(s) and volume(s) Price Volume
A) 64p 402,364
------ --------
B) 64p 30,000
------ --------
------------------------------------ ------------------------------------------------
d. Aggregated information
- Aggregated Volume
- Price
------------------------------------ --------------------------------------------------------
e. Date of the transaction 8 November 2023
------------------------------------ --------------------------------------------------------
f. Place of the transaction A) Off-market transaction
B) Off-market transaction
------------------------------------ --------------------------------------------------------
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END
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November 10, 2023 04:57 ET (09:57 GMT)
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