Servelec Group plc PDMR Interests - Replacement (8144Z)
March 17 2017 - 7:59AM
UK Regulatory
TIDMSERV
RNS Number : 8144Z
Servelec Group plc
17 March 2017
17 March 2017
Servelec Group PLC
("Servelec" or the "Company")
PDMR Interests
This is a replacement announcement, updating the volume of
shares exercised and sold by Sue Hawkswell, COO of Servelec HSC and
PDMR.
Servelec Group Plc announces today that 32,757 shares were
exercised by employees in relation to the SAYE scheme and were
allotted from the block listing announced on 16 January 2017.
The exercise of options included the exercise and sale of shares
by Sue Hawkswell and Garry McCord, who are each considered to be
persons discharging managerial responsibility (PDMR) and Victoria
Mudd who is a person closely associated to the PDMR, Garry McCord.
Details are disclosed below.
Following the allotment, the Company's issued share capital
consists of 69,707,061 Ordinary Shares which may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
Notification and public disclosure of transactions by person
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR/Person Closely Associated with
them ('PCA')
--- ------------------------------------------------------------
a) Name 1 Sue Hawkswell
2 Garry McCord
3 Victoria Mudd
--- ---------------------- ------------------------------------
b) Position/status 1 COO Servelec HSC
2 CTO Servelec HSC
3 PCA of the CTO Servelec HSC
--- ---------------------- ------------------------------------
Initial notification/ Amendment
amendment
--- ---------------------- ------------------------------------
2. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- --------------------------------------------------------------
a) Name Servelec Group Plc
--- ------------------ ------------------------------------------
b) ISIN GB00BFRBTP86
--- ------------------ ------------------------------------------
2. 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 18p each
of the financial
instrument
--- ------------------ ------------------------------------------
b) Nature of Exercise and sale of SAYE share options
the transaction
--- ------------------ ------------------------------------------
c) Price(s) Exercise Price Selling Volume(s)
and volume(s) (s) Price(s)
============== ========= =========
1 GBP1.79 2.75 2,011
============== ========= =========
2 GBP1.79 2.75 5,027
============== ========= =========
3 GBP1.79 2.75 5,027
============== ========= =========
--- ------------------ ------------------------------------------
d) Aggregated N/a
information
Aggregated
volume Price
--- ------------------ ------------------------------------------
e) Date of the 16 March 2017
transaction
--- ------------------ ------------------------------------------
f) Place of London Stock Exchange
the transaction
--- ------------------ ------------------------------------------
For further enquiries, please contact:
Servelec Group plc
Mike Cane, Chief Financial
Officer +44 (0) 1246 437 400
. <ENDS>
This information is provided by RNS
The company news service from the London Stock Exchange
END
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