Van Elle Holdings PLC PCA Share Purchase (0542U)
November 21 2023 - 2:00AM
UK Regulatory
TIDMVANL
RNS Number : 0542U
Van Elle Holdings PLC
21 November 2023
Van Elle Holdings plc
('Van Elle', the 'Company' or the 'Group')
PCA Share Purchase
Van Elle Holdings plc (AIM: VANL) announces that it has been
notified that Mrs Anne Marie Cutler, PCA of Mr Mark Cutler, Chief
Executive Officer, has purchased 100,000 ordinary shares of 2 pence
each in the Company ("Ordinary Shares") each at a price of 39.2
pence per share. Following this purchase, Mr Cutler and those
persons closely associated with him, are interested in 852,767
Ordinary Shares, representing approximately 0.80% of the Company's
voting share capital.
The information below (set out in accordance with the
requirements of EU Market Abuse Regulation) provides further
detail:
1. Details of the person discharging managerial
responsibilities / person closely associated
a. Name Mrs Anne Marie Cutler
----------------------------- -----------------------------------------
2. Reason for the notification
------------------------------------------------------------------------
a. Position/status PCA of Mark Cutler, Chief Executive
Officer
----------------------------- -----------------------------------------
b. Initial notification Initial notification
/Amendment
----------------------------- -----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
------------------------------------------------------------------------
a. Name Van Elle Holdings plc
----------------------------- -----------------------------------------
b. LEI 213800LQC6YL8KJT1Y18
----------------------------- -----------------------------------------
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 2p each
of the Financial
instrument,
type of instrument
Identification ISIN: GB00BYX4TP46
code
----------------------------- -----------------------------------------
b. Nature of Purchase of ordinary shares
the transaction
----------------------------- -----------------------------------------
c. Price(s) Price(s) Volume(s)
and volume(s)
----------------------------- ------------------ ------------------
39.2p 100,000
---------------------------------- ------------------ ------------------
d. Aggregated N/A
information
* Aggregated volume
* Price
----------------------------- -----------------------------------------
e. Date of the 20 November 2023
transaction
----------------------------- -----------------------------------------
f. Place of London Stock Exchange, AIM
the transaction
----------------------------- -----------------------------------------
For further information, please contact:
Van Elle Holdings plc Via Walbrook
Mark Cutler, Chief Executive Officer
Graeme Campbell, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Tel: 020 7418 8900
corporate broker)
Ed Allsopp / Ben Harrington
Walbrook PR Limited Tel: 020 7933 8780
or vanelle@walbrookpr.com
Tom Cooper / Nick Rome 07971 221 972 or 07748
325 236
About Van Elle Holdings plc:
Van Elle Holdings is the UK's largest specialist geotechnical
engineering contractor. Formed in 1984 and listed on AIM in 2016,
the Company provides a wide range of ground engineering techniques
and services including ground investigation, general and specialist
piling, rail geotechnical engineering, modular foundations, and
ground improvement and stabilisation services.
Van Elle operates through three divisions: General Piling,
Specialist Piling and Rail, and Ground Engineering Services; and is
focused on diverse end markets including residential and housing,
infrastructure and regional construction - across which the Group
has completed more than 20,000 projects over the last 35 years.
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END
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