REG - Aferian PLC - Director/PDMR Shareholding

AferianAnnouncement

18/09/2023 07:00

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RNS Number : 6832M  Aferian PLC  18 September 2023

18 September 2023

 

Aferian plc

Directors' Dealings

Aferian plc (LSE:AFRN, "Company" or "AFRN") received notification on the 15
September 2023 from Kestrel Partners LLP ("Kestrel") that on the 15 September
2023 it purchased, on behalf of its discretionary client accounts, an
aggregate of 125,000 ordinary shares of 1p each ("Shares") in the Company at
an average price of 16.7 pence per share.

Mr Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr
Royde is also a shareholder in Kestrel Opportunities and is therefore deemed
to have a beneficial interest in Kestrel Opportunities' entire legal holding
in AFRN.

Following this transaction, Kestrel Opportunities holds (and consequently Mr
Royde is deemed to have a beneficial interest in) 16,784,114 Shares in the
Company, and other clients of Kestrel, in which Mr Royde has no beneficial
interest hold 12,067,622 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 28,851,736
Shares in the Company, which represents 25.94 per cent of the total voting
rights in the Company.

Kestrel's interest in the Shares in the Company is held through the following
nominees:

 Holding type  Nominee                        No. of shares  % of total voting rights
 Indirect      Bank of New York Nominees Ltd  16,784,114             15.09%
 Indirect      JIM Nominees Limited           756,163        0.68%
 Indirect      Bank of New York Nominees Ltd  7,463,390      6.71%
 Indirect      Northern Trust Company AVFC    3,848,069      3.46%

 

For further information contact:

 Aferian Plc                                                           +44 (0) 1223 598197

 Donald McGarva, Chief Executive Officer

 Mark Carlisle, Chief Financial Officer

 Investec (NOMAD and Broker)

 David Anderson / Patrick Robb / Nick Prowting / Cameron MacRitchie   +44 (0) 20 7597 5970
 FTI Consulting LLP (Financial Communications)                        +44 (0) 203 3727 1000

 Matt Dixon / Emma Hall / Tom Blundell / Aisha Hamilton

 

 

 

 

 

 

ANNEX

Template for 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                                                         Kestrel Partners LLP

 2    Reason for the notification

 a)   Position/status                                              PCA - Max Royde (non-executive director Aferian plc)

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Aferian plc

 b)   LEI                                                          21380068JIMBNNZJL315

 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

                                                                   ISIN: GB00B013SN63

 b)   Nature of the transaction                                     Purchase

 c)   Price(s) and volume(s)                                       Purchase

                                                            15 September 2023
                                                                   Price(s)    Volume(s)

      Transfer

                                                            16.7 pence  125,000 shares

      Purchase

 d)   Aggregated information

      - Aggregated volume                                          Purchase Total 125,000 shares at an average price of 16.7 pence.

      - Price
 e)   Date of the transaction                                      15 September 2023

 f)   Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

d)

 

Aggregated information

- Aggregated volume

- Price

 

Purchase Total 125,000 shares at an average price of 16.7 pence.

e)

 

Date of the transaction

 

15 September 2023

f)

 

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

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