600 Group PLC PDMR Share Dealings (3937E)
July 03 2019 - 8:50AM
UK Regulatory
TIDMSIXH
RNS Number : 3937E
600 Group PLC
03 July 2019
3 July 2019
The 600 Group Plc
("600 Group" or "the Group")
PDMR Share Dealings
The Board of 600 Group today confirms that further to the
announcement of the acquisition of Control Micro Systems Inc. the
shares issued to Mr Tim Miller as part of the consideration have
now been admitted to trading on AIM. Following the admission of the
shares Mr Miller is interested in a total of 4,500,000 ordinary
shares in the Company, representing 3.83% of the total voting
rights.
Following the admission of the new shares the total issued share
capital of the Company is 117,473,341.
The above figure may be used by shareholders in the Company as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the
Financial Conduct Authority's Disclosure and Transparency
Rules.
Enquiries:
The 600 Group PLC Tel: 01924 415000
Paul Dupee, Executive Chairman
Neil Carrick, Finance Director
Instinctif Partners Tel: 0207 457 2020
Mark Garraway
James Gray
Spark Advisory Partners Limited (NOMAD) Tel: 020 3368 3553
Matt Davis
Miriam Greenwood
WH Ireland (Broker) Tel: 020 7220 1666
Harry Ansell
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
About The 600 Group PLC
The 600 Group PLC is a distributor, designer and manufacturer of
industrial products with three principal areas of activities:
Machine Tools
The business has a strong reputation in the market for metal
turning machines. Products range from small conventional machines
for education markets, CNC workshop machines and CNC production
machines. Selected outsourcing partners support the manufacturing
of these machines and they are marketed through the Group's wholly
owned international sales organisation and global distribution
network.
Precision Engineered Components
Machine spares are distributed to customers globally to help
maintain the installed base of group machines which number in
excess of 100,000. Additionally, work holding products and taper
roller bearings are sold via specialist distributors to OEMs,
including other machine builders.
Industrial Laser Systems
Industrial laser systems are a technologically superior
alternative to ink jet marking. It requires no consumables and can
operate on a continuous high speed basis when integrated into
customers' production lines. The business has its own technology
and proprietary software. Customer applications are diverse and
range from telecommunications to pharmaceuticals. The requirement
for increased product and component traceability is one of the
market drivers.
More information on the Group can be viewed at:
www.600group.com
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Timothy Miller
--------------------------------------- ----------------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------------
a) Position/status Subsidiary Managing Director
--------------------------------------- ----------------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ----------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------------
a) Name The 600 Group PLC
--------------------------------------- ----------------------------------------------------
b) LEI 213800XECL92PYA1IK97
--------------------------------------- ----------------------------------------------------
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
financial instrument,
type of instrument
Identification code
GB00008121641
--------------------------------------- ----------------------------------------------------
b) Nature of the transaction Issue of shares on Acquisition (consideration
shares)
--------------------------------------- ----------------------------------------------------
c) Price(s) and volume(s)
------------------------ -----------------------
Price(s) Volume(s)
------------------------ -----------------------
GBPnil 4,500,000
--------------------------------------------------------------------- -----------------------
d) Aggregated information
- Aggregated volume 4,500,000
- Price GBPnil
e) Date of the transaction 28 June 2019
--------------------------------------- ----------------------------------------------------
f) Place of the transaction London Stock Exchange XLON
--------------------------------------- ----------------------------------------------------
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.
END
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