Director/PDMR Shareholding - Replacement

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Regulatory News | 30 Jun, 2021

Updated : 16:30

RNS Number : 6972D
Vivo Energy PLC
30 June 2021
 

30 June 2021

 

Vivo Energy plc (the "Company")

(LSE: VVO / JSE: VVO)

 

 

Correction: PDMR and PCA notification

 

The following change has been made to the 'PDMR and PCA notification' announcement released on 29 June 2021 at 14:00 under RNS number 5150D;-

 

The number of shares held by Temitope Lawani following the transaction was stated as 20,560,150 ordinary shares. This has now been corrected to 19,560,150 ordinary shares.

All other details remain the same. The full-amended text is shown below.

 

PDMR and PCA notification

 

The Company, was notified on 28 June 2021 that Helios Holdings Limited, an entity closely associated with Temitope Lawani, Non-Executive Director, has sold 5,734,089 ordinary shares to Helios Fairfax Partners Corporation, an entity under common management, with the details of the transaction found below.

Following this transaction, Temitope Lawani's shareholding and share interest, together with persons closely associated with him, has reduced by 1,551,071 shares to 19,560,150 ordinary shares of the Company. 

These shares, together with additional shares owned by Helios Holdings Limited and Helios Fairfax Partners Corporation are included as part of the Helios Investment Partners consolidated holding in the Company, which remains unchanged.

This notification is made in accordance with the requirements of the Market Abuse Regulation.

 

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

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Helios Holdings Limited

2

Reason for the notification

a)

Position/status

Person closely associated with Temitope Lawani, Non-Executive Director

b)

Initial/Amendment notification

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Vivo Energy plc

b)

LEI

213800TR7V9QN896AU56    

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

 

Identification code

 

Ordinary shares of US$0.50

 

 

ISIN: GB00BDGT2M75

b)

Nature of the transaction

Sale of 1,551,071 Ordinary Shares

 

Helios Holdings Limited has sold 5,734,089 shares to Helios Fairfax Partners, an entity under the control of Helios Investment Partners.

c)

Price(s) and volume(s)

 

0.97 GBP and 1,551,071 shares

d)

Aggregated information

 

-      Aggregated volume

-      Price

-      Total

 

 

-      Aggregated volume

1,551,071 shares

-      Price

0.969 GBP

-      Total 1,502,987.80 GBP

 

 

e)

Date of the transaction

25 June 2021

 

f)

Place of the transaction

London Stock Exchange

 

 

ENDS

 

For further information, please contact:

 

Minna Gonzalez-Gomez

Group Company Secretary

+44 2030 343 718

Minna.Gonzalez-Gomez@vivoenergy.com 

 

 

About Vivo Energy:

 

Vivo Energy operates and markets its products in countries across North, West, East and Southern Africa. The Group has a network of over 2,300 service stations in 23 countries operating under the Shell and Engen brands and exports lubricants to a number of other African countries. Its retail offering includes fuels, lubricants, card services, shops, restaurants and other non-fuel services. It provides fuels, lubricants and liquefied petroleum gas (LPG) to business customers across a range of sectors including marine, mining, construction, power, transport, wholesalers and manufacturing. The Company employs around 2,700 people and has access to over 1,000,000 cubic metres of fuel storage capacity and has a joint venture, Shell and Vivo Lubricants B.V., that sources, blends, packages and supplies Shell-branded lubricants.

 

Vivo Energy has its primary listing on the London Stock Exchange and secondary listing on the Johannesburg Stock Exchange.

 

For more information about Vivo Energy please visit www.vivoenergy.com

 

 

 

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