Primorus Investments PLC Director/PDMR Shareholding (6881G)

TIDMPRIM

RNS Number : 6881G

Primorus Investments PLC

31 May 2017

Primorus Investments plc

("Primorus" or the "Company")

Director Dealing

Primorus (PRIM.L) announces the following dealing in the ordinary shares of the Company made by a director.

On 30 May 2017, Alastair Clayton, Executive Director of the Company, acquired 5,000,000 Primorus ordinary shares at an aggregated price of 0.14 pence per share, representing 0.39% of the Company's issued ordinary share capital. Following the acquisition, Mr Clayton now holds an interest in 45,250,000 Primorus ordinary shares, representing 3.57 % of the Company's issued ordinary share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

 
 Primorus Investments plc:         +44 (0) 20 7440 0640 
 Alastair Clayton 
 
 Nominated Adviser:                +44 (0) 20 7213 0880 
 Cairn Financial Advisers LLP 
 James Caithie / Sandy Jamieson 
 
 Broker:                           +44 (0) 20 3137 1902 
 Optiva Securities Limited 
 Christian Dennis / Jeremy King

About Primorus

Primorus aims to be the leading early-stage investor in pre-IPO and listed companies with a particular focus on natural resources (primarily energy), consumer services and technology. Through its listed structure Primorus may provide individual investors a route to access a range of private and pre-IPO opportunities that are usually the preserve of family offices, VC and private equity funders.

 
 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                       Alastair Raoul Clayton 
                                 ------------------------------------ 
 2     Reason for 
        notification 
----  -------------------------  ------------------------------------ 
 a.    Position/Status            Executive Director 
----  -------------------------  ------------------------------------ 
 b.    Initial notification/      Initial 
        Amendment 
----  -------------------------  ------------------------------------ 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
      --------------------------------------------------------------- 
 a.    Name                       Primorus Investments PLC 
----  -------------------------  ------------------------------------ 
 b.    LEI                        213800XCLCY5I8O3PP36 
----  -------------------------  ------------------------------------ 
 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                Ordinary Shares 
        of the financial 
        instrument, 
        type of instrument 
 
        Identification 
        Code 
----  -------------------------  ------------------------------------ 
 b.    Nature of the              On market Purchase 
        transaction 
----  -------------------------  ------------------------------------ 
 
 c.    Price(s) and                     Price(s)       Volume(s) 
        volume(s) 
----  -------------------------        -------------  ----------- 
                                        0.0014 GBP     1,000,000 
     0.0014 GBP                                         4,000,000 
   -------------------------------------------------  ----------- 
 
 d.    Aggregated 
        information 
   - Aggregated               5,000,000 
    Volume 
   - Price                     0.0014 GBP 
 -------------------------  ----------------------------------------- 
 e.    Date of the                30/05/2017 
        transaction 
----  -------------------------  ------------------------------------ 
 f.    Place of the               UK 
        transaction 
----  -------------------------  ------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 31, 2017 05:24 ET (09:24 GMT)

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