SKIL Ports & Logistics Limited Director/PDMR Dealings (1851Q)

TIDMSPL

RNS Number : 1851Q

SKIL Ports & Logistics Limited

25 November 2016

SKIL Ports & Logistics Limited

SKIL Ports & Logistics Limited ("SPL" or the "Company")

Director/PDMR Dealings

Further to the Company's announcements on 31 October 2016 and 24 November 2016, SPL announces that certain Directors and their closely associated persons have acquired Placing Shares in the Company, following Admission today, as set out below:

 
                               Number of Placing            Resulting number 
                                 Shares acquired          of Ordinary Shares 
                                                    held following Admission 
----------------------------  ------------------  -------------------------- 
 Pavandeep Bakhshi 
  (Managing Director)                    500,000                   1,380,000 
----------------------------  ------------------  -------------------------- 
 Peter Jones (Non-executive 
  Director)                              200,000                     208,000 
----------------------------  ------------------  -------------------------- 
 Lord Flight (Non-executive 
  Director) and Christabel 
  Flight (Spouse of 
  Lord Flight) jointly                 1,000,000                   1,000,000 
----------------------------  ------------------  --------------------------

Capitalised terms within this announcement shall have the same meaning as those contained within the circular posted to Shareholders on 31 October 2016.

Enquiries: SPL Nikhil Gandhi C/O Redleaf PR +44 (0) 20 382 4769

Cenkos Securities plc Stephen Keys/Camilla Hume/Callum Davidson

(Nomad and Broker)                                                      +44 (0) 20 7397 8926

Redleaf Communications Charlie Geller/Sam Modlin (Financial PR) +44 (0) 20 382 4769 SKIL@redleafpr.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and their closely associated persons

 
 1    Details of the person discharging managerial 
       responsibilities 
---  ---------------------------------------------------------------- 
 a)   Name                        1. Pavandeep Bakhshi 
                                   2. Peter Jones 
                                   3. Howard Flight 
                                   4. Christabel Flight 
---  ---------------------  ----------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------- 
 a)   Position/status             5. Managing Director 
                                   6. Non-executive Director 
                                   7. Non-executive Director 
                                   8. Person closely associated with 
                                   non-executive director Howard 
                                   Flight 
---  ---------------------  ----------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                   SKIL Ports & Logistics Limited 
---  ---------------------  ----------------------------------------- 
 b)   LEI                    N/A 
---  ---------------------  ----------------------------------------- 
 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 GBP0.10 each 
       of the financial 
       instrument,            ISIN: GG00B53M7D91 
       type of instrument 
       Identification 
       code 
---  ---------------------  ----------------------------------------- 
 b)   Nature of               Purchase of Ordinary Shares 
       the transaction 
---  ---------------------  ----------------------------------------- 
 c)   Price(s) and             PDMR/PCA         Price      No. of 
       volume(s)                                             shares 
                              ----------------  ---------  ---------- 
                                Pavandeep 
                                 Bakhshi         GBP0.10    500,000 
                              ----------------  ---------  ---------- 
                                Peter Jones      GBP0.10    200,000 
                              ----------------  ---------  ---------- 
                              Howard Flight 
                               and Christabel 
                               Flight jointly    GBP0.10    1,000,000 
                              ----------------  ---------  ---------- 
---  ---------------------  ----------------------------------------- 
 d)   Aggregated             Volume: 1,700,000 
       information            Price: GBP0.10 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  ----------------------------------------- 
 e)   Date of the            25 November 2016 
       transaction 
---  ---------------------  ----------------------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
---  ---------------------  -----------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 25, 2016 04:50 ET (09:50 GMT)

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