Director's Dealing
Updated : 10:50
Safestyle UK plc
Director's Dealing
Safestyle UK plc ("Safestyle" or the "Company") announces that the Company was notified by Steve Birmingham, Chief Executive, that he sold 1,400,000 ordinary shares of £0.01 each ("Ordinary Shares") in the Company on 15 December 2017 at a price of 160p per Ordinary Share.
Steve Birmingham has sold shares for personal financial reasons and he remains fully committed to the Company.
Steve Birmingham has agreed with the joint brokers (subject to certain limited exceptions) not to directly or indirectly dispose or agree to dispose of any remaining shares (or any economic interest in them) held or controlled by him for a period of 24 months from completion of the share sale without the prior written consent of the joint brokers.
| Sale details | Resultant holding following sale(1) | |||
Director
| Date of | Number | Sale | Shareholding following sale | % ISC held following |
Steve Birmingham | 15 December 2017 | 1,400,000 | 160p | 2,799,846 | 3.38% |
(1) Steve Birmingham also holds options over 212,422 Ordinary Shares
Enquiries:
Safestyle UK plc | Tel: 020 3727 1000 |
Steve Birmingham, Chief Executive Officer |
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Mike Robinson, Chief Financial Officer |
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Zeus Capital (Nominated Adviser & Joint Broker) | Tel: 020 3829 5000 |
Nicholas How / Dominic King |
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Liberum (Joint Broker) | Tel: 020 3100 2100 |
Neil Patel / Jamie Richards |
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FTI Consulting (Financial PR) | Tel: 020 3727 1000 |
Alex Beagley / James Styles |
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The notification below is made in accordance with the requirements of the EU 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 | Steve Birmingham | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Safestyle UK plc | ||||
b) | LEI | 213800N1ZQBB3E7P8W75
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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 £0.01 each
ISIN: JE00BGP63272 | ||||
b) | Nature of the transaction | Sale of shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 15 December 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM |
This information is provided by RNS