Boston International Holdings PLC Director's Dealings (2699F)
July 14 2021 - 11:05AM
UK Regulatory
TIDMBIH
RNS Number : 2699F
Boston International Holdings PLC
14 July 2021
For immediate release
14 July 2021
BOSTON INTERNATIONAL HOLDINGS PLC
("BIH" or the "Company")
Director's Dealings
The Board of BIH announces that further to the Company's
announcement of 8 July 2021 (RNS Number: 6524E), Admission has
taken place this morning in respect of the 20,000,000 New Ordinary
Shares allotted and issued to Mr Borden James pursuant to
conversion of his Director's Loan.
Accordingly, as previously announced, as part of the
Fundraising, Mr James subscribed for GBP200,000 principal of
Convertible Loan Notes using the proceeds of sale of the New
Ordinary Shares issued to him, which he sold immediately on
Admission at a price of 1p per share to new investors introduced by
Peterhouse.
Following the sale, Mr James has no interest in ordinary shares
in the Company. As of today, Mr James holds GBP200,000 principal of
Convertible Loan Notes in his own name, which have a final
repayment date of 30 September 2022, further details of which are
set out in the Company's announcement dated 8 July 2021. In
addition, via Boston Merchant (HK) Ltd, which is 98.04% owned by Mr
James, he holds GBP95,714 principal of Convertible Loan Notes that
have a final repayment date of 30 March 2022 and further details of
which are set out in the announcement (replacement) published on 1
April 2021 (RNS Number: 3914U).
The information in the table below relating to the transactions
by Mr James has been filed with the FCA in accordance with Article
19(1) of UK MAR.
Defined terms in this announcement shall have the same meanings
as in the Company's announcement of 8 July 2021, RNS Number:
6524E.
--ENDS--
For more information please contact:
Boston International Holdings Plc
Chris Pitman, Chairman +44 (0) 7768 104329
Beaumont Cornish Limited (Financial Adviser)
Roland Cornish +44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker) +44 (0) 20 7469 0930
Lucy Williams / Duncan Vasey / Eran Zucker
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 William Borden James
-------------------------- -------------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------
a) Position/status Director
-------------------------- -------------------------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------- -------------------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------
a) Name Boston International Holding plc
-------------------------- -------------------------------------------------------------
b) LEI 213800OVVYT6ZUJUXD69
-------------------------- -------------------------------------------------------------
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 1 pence each
financial instrument, ISIN: GB00BD70S874
type of instrument
Identification code
-------------------------- -------------------------------------------------------------
b) Nature of the transaction Issue of 20,000,000 shares pursuant to conversion
of Director's Loan and immediate sale of
20,000,000 shares
-------------------------- -------------------------------------------------------------
c) Price(s) and volume(s) 1 pence per Ordinary Share Price(s) Volumes(s) Transaction
Issue pursuant
to conversion
of Director's
1p 20,000,000 Loan
----------- --------------
1p 20,000,000 Sale
----------- --------------
-------------------------- -------------------------------------------------------------
d) Aggregated information
- Aggregated volume 40,000,000
- Price 1p
------------------------------ -------------------------------------------------------------
e) Date of the transaction 2021-July-14
-------------------------- -------------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -------------------------------------------------------------
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
DSHEASXLFEDFEFA
(END) Dow Jones Newswires
July 14, 2021 11:05 ET (15:05 GMT)
Boston (LSE:BIH)
Historical Stock Chart
From Jun 2024 to Jul 2024
Boston (LSE:BIH)
Historical Stock Chart
From Jul 2023 to Jul 2024