Modern Water PLC Director/PDMR Shareholding (6485X)
May 01 2019 - 2:01AM
UK Regulatory
TIDMMWG
RNS Number : 6485X
Modern Water PLC
01 May 2019
1 May 2019
Modern Water plc
("Modern Water" or "the Company")
Director/PDMR Shareholding
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 Simon Humphrey
---------------------------------- -------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position / status Executive Director
---------------------------------- -------------------------------
b) Initial notification / amendment Initial notification
---------------------------------- -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Modern Water plc
---------------------------------- -------------------------------
b) LEI 213800MTSDJQ13UBC211
---------------------------------- -------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; (iv) each place where transactions have
been conducted
-------------------------------------------------------------------
a) Description of financial Ordinary shares of 0.25pence
instrument, each
type of instrument
---------------------------------- -------------------------------
Identification Code GB00B1XF5X66
---------------------------------- -------------------------------
b) Nature of the transaction Grant of options
---------------------------------- -------------------------------
c) Price(s) and volume(s)
* GBPnil
* 400,000
---------------------------------- -------------------------------
d) Aggregated information
- Aggregated volume * 400,000
- Price
* GBPnil
---------------------------------- -------------------------------
e) Date of the transaction 26 April 2019
---------------------------------- -------------------------------
f) Place of the transaction London
---------------------------------- -------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Doug Workman
---------------------------------- -------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position / status President, Monitoring Division
---------------------------------- -------------------------------
b) Initial notification / amendment Initial notification
---------------------------------- -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Modern Water plc
---------------------------------- -------------------------------
b) LEI 213800MTSDJQ13UBC211
---------------------------------- -------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; (iv) each place where transactions have
been conducted
-------------------------------------------------------------------
a) Description of financial Ordinary shares of 0.25pence
instrument, each
type of instrument
---------------------------------- -------------------------------
Identification Code GB00B1XF5X66
---------------------------------- -------------------------------
b) Nature of the transaction Grant of options
---------------------------------- -------------------------------
c) Price(s) and volume(s)
* GBPnil
* 200,000
---------------------------------- -------------------------------
d) Aggregated information
- Aggregated volume * 200,000
- Price
* GBPnil
---------------------------------- -------------------------------
e) Date of the transaction 26 April 2019
---------------------------------- -------------------------------
f) Place of the transaction London
---------------------------------- -------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Toby Schumacher
----------------------------------- ------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position / status General Counsel & Company
Secretary
----------------------------------- ------------------------------
b) Initial notification / amendment Initial notification
----------------------------------- ------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Modern Water plc
----------------------------------- ------------------------------
b) LEI 213800MTSDJQ13UBC211
----------------------------------- ------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; (iv) each place where transactions have
been conducted
-------------------------------------------------------------------
a) Description of financial Ordinary shares of 0.25pence
instrument, each
type of instrument
----------------------------------- ------------------------------
Identification Code GB00B1XF5X66
----------------------------------- ------------------------------
b) Nature of the transaction Grant of options
----------------------------------- ------------------------------
c) Price(s) and volume(s)
* GBPnil
* 300,000
----------------------------------- ------------------------------
d) Aggregated information
- Aggregated volume * 300,000
- Price
* GBPnil
----------------------------------- ------------------------------
e) Date of the transaction 26 April 2019
----------------------------------- ------------------------------
f) Place of the transaction London
----------------------------------- ------------------------------
For further information please contact:
+44 (0)1483 696
Modern Water plc 000
Simon Humphrey, Chief Executive
Cairn Financial Advisers LLP (Nominated +44 (0) 207 213 0880
Adviser)
Sandy Jamieson / Tony Rawlinson
Ludovico Lazzaretti
Turner Pope Investments (Broker) +44 (0) 20 3621 4120
Andy Thacker
Notes to Editors:
About Modern Water
Modern Water is a pioneering and innovative technology company,
specialising in membrane water treatment solutions and advanced
monitoring products. The Company works for customers in a range of
industries across the globe and owns proprietary technologies for
use in a diverse range of applications. Modern Water's Monitoring
Division has a portfolio of world-leading toxicity and trace metal
monitoring products, some of which constitute the regulatory
standard. The headline technology of the Company's Membrane
Division, called "AMBC", can be used to tackle complex wastewater
treatment problems at a reduced cost compared to standard
processes, while being simple to operate.
www.modernwater.com
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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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