TIDMTORO

RNS Number : 9492N

Toro Limited

21 May 2015

Annex DTR3

Notification of Transactions of Directors/Persons Discharging

Managerial Responsibility and Connected Persons

 
                                                     2. State whether the notification 
                                                      relates to (i) a transaction 
                                                      notified in accordance with 
                                                      DTR 3.1.2 R, (ii) a disclosure 
                                                      made in accordance with section 
                                                      793 of the Companies Act 2006, 
                                                      or (iii) in accordance with 
                                                      paragraph 26 of the Model 
                                                      Code 
       Name of the issuer                             NOTIFICATION IS UNDER DTR 
 1.     TORO LIMITED (ISIN GG00BWBSDM98)       2.     3.1.2 R 
                                                     State whether notification 
                                                      relates to a person connected 
                                                      with a person discharging 
                                                      managerial responsibilities/director 
       Name of person discharging                     named in 3 and identify the 
        managerial responsibilities/director          connected person 
 3.     ROBERTO SILVOTTI                       4.     N/A - DIRECTOR NAMED IN 3. 
      --------------------------------------  ----  -------------------------------------- 
       Indicate whether the notification 
        is in respect of a holding 
        of the person referred to 
        in 3 or 4 above or in respect                Description of shares (including 
        of a non-beneficial interest(1)               class), debentures or derivatives 
                                                      or financial instruments relating 
        NOTIFICATION RELATES TO HOLDING               to shares 
 5.     OF PERSON NAMED IN 3.                  6.     ORDINARY SHARES 
      --------------------------------------  ----  -------------------------------------- 
       Name of registered shareholders(s) 
        and, if more than one, the                   State the nature of the transaction 
        number of shares held by each                 IPO Purchase per rollover 
        of them                                       scheme set out in prospectus 
 7.     ROBERTO SILVOTTI                       8.     dated 28 April 2015 
      --------------------------------------  ----  -------------------------------------- 
                                                     Percentage of issued class 
                                                      acquired (treasury shares 
       Number of shares, debentures                   of that class should not be 
        or financial instruments relating             taken into account when calculating 
        to shares acquired                            percentage) 
 9.     954,692                                10.    0.2835% 
      --------------------------------------  ----  -------------------------------------- 
                                                     Percentage of issued class 
                                                      disposed (treasury shares 
       Number of shares, debentures                   of that class should not be 
        or financial instruments relating             taken into account when calculating 
        to shares disposed                            percentage) 
 11.    N/A                                    12.    N/A 
      --------------------------------------  ----  -------------------------------------- 
       Price per share or value of 
        transaction                                  Date and place of transaction 
 13.    EUR 0.9825                             14.    08 MAY 2015, GUERNSEY 
      --------------------------------------  ----  -------------------------------------- 
       Total holding following notification 
        and total percentage holding 
        following notification (any 
        treasury shares should not 
        be taken into account when 
        calculating percentage)                      Date issuer informed of transaction 
 15.    954,692 (0.2835%)                      16.    20 MAY 2015 
      --------------------------------------  ----  -------------------------------------- 
 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes.

 
                                                Period during which or date 
 17.   Date of grant                      18.    on which exercisable 
       Total amount paid (if any)               Description of shares or debentures 
 19.    for grant of the option           20.    involved (class and number) 
      ---------------------------------  ----  ------------------------------------ 
       Exercise price (if fixed 
        at time of grant) or indication         Total number of shares or 
        that price is to be fixed                debentures over which options 
 21.    at the time of exercise           22.    held following notification 
      ---------------------------------  ----  ------------------------------------ 
                                                Name of contact and telephone 
                                                 number for queries 
       Any additional information                Melanie Torode 
 23.    N/A                               24.    01481 231100 
      ---------------------------------  ----  ------------------------------------ 
 
 
 Name of authorised officer of issuer responsible for making 
  notification 
  Melanie Torode, for Morgan Sharpe Administration Limited, as 
  Secretary 
  Date of notification 21 MAY 2015 
 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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