Shearwater Group PLC Director/PDMR Shareholding (9822P)
September 06 2017 - 6:45AM
UK Regulatory
TIDMSWG
RNS Number : 9822P
Shearwater Group PLC
06 September 2017
6 September 2017
SHEARWATER GROUP PLC
(the "Company")
Director/PDMR Shareholding
Shearwater Group plc (AIM: SWG), has been notified that David
Williams, Chairman, (via the DW Pension Fund) has today purchased
6,250,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares") each at a price of 4.5 pence per share.
Following this market purchase, Mr Williams' interest in the
share capital of the Company has increased to a total of
119,833,994 Ordinary Shares representing 12.43 per cent. of the
Company's issued share capital.
The information below, set out in accordance with the
requirements of the EU Market Abuse Regulation, provides further
detail.
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------
a) Name David Williams
--- ----------------------------------------------------------------- ----------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------
a) Position/status Chairman
--- ----------------------------------------------------------------- ----------------------------
b) Initial notification/ Amendment Initial Notification
--- ----------------------------------------------------------------- ----------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------
a) Name Shearwater Group plc
--- ----------------------------------------------------------------- ----------------------------
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 of the financial instrument, type of instrument Ordinary shares of 1p each
Identification code
GB00B00T3528
--- ----------------------------------------------------------------- ----------------------------
b) Nature of the transaction Market purchase
--- ----------------------------------------------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
4.5p 6,151,000
4.5p 99,000
--------- ----------
--- ----------------------------------------------------------------- ----------------------------
d) Aggregated information
* Aggregated volume 6,250,000
GBP281,250
* Price
--- ----------------------------------------------------------------- ----------------------------
e) Date of the transaction 6 September 2017
--- ----------------------------------------------------------------- ----------------------------
f) Place of the transaction London Stock Exchange, AIM
--- ----------------------------------------------------------------- ----------------------------
Contacts:
Shearwater Group plc www.theshearwatergroup.co.uk
David Williams +44 (0) 797 014 8016
Michael Stevens +44 (0) 780 171 2582
WH Ireland Limited - Nominated www.whirelandcb.com
Adviser & Broker
Mike Coe, Ed Allsopp +44 (0) 117 945 3470
Powerscourt - Financial PR shearwater@powerscourt-group.com
Ben Griffiths, Andy Jones +44 (0) 20 7250 1446
This information is provided by RNS
The company news service from the London Stock Exchange
END
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