REG - Aquila Services Grp - Director/PDMR Shareholding

Aquila ServicesAnnouncement

09/11/2020 17:00

RNS Number : 7324E
  
Aquila Services Group PLC
  
09 November 2020
  
 

For immediate release
9 November 2020
Aquila Services Group plc
("Aquila" or the "Company") 
Director/PDMR Shareholding
 
 
Aquila, the quoted parent company of three main trading subsidiaries which provide professional consultancy and support services to organisations and businesses involved in the affordable housing, education, sports and community services sectors announces that it has been informed of the following dealings by a PDMR. 
On 29 September 2020, Chris Wood, a director of the Company's subsidiaries, in principal agreed to sell off-market 17,000 shares (held in certificated form) to 5 members of staff, in blocks of 1,000 shares for 24.7p per share being the midmarket price on 21 September 2020 of 26p, less a discount of 5% due to not selling through a broker.
The individual sales and stock transfer forms were subsequently executed and sent out to the individuals on 6 October 2020. Settlement and execution of the transfers was delayed due to the relevant share certificate being mislaid and pending issue of a replacement certificate by the Registrars. 
On 4 November 2020, Aquila was informed that following issue of the replacement certificate, the settlement of the transfer of 7,000 shares had taken place on 22 October 2020 and the remaining 10,000 have been lodged with the stamp duty office awaiting approval for subsequent settlement.  
Following the sale of 17,000 shares, Mr Wood remains interested in 3,262,440 shares in Aquila representing 8.18% of the Company's issued share capital. 
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
 
The information contained in Appendix 1 below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
 
For further information please visit www.aquilaservicesgroup.co.uk. or contact:
 
Aquila Services Group plc
Claire Banks, Group Finance Directors 
Tel: 020 7934 0175                                         
 
Beaumont Cornish Limited, Financial Adviser
Roland Cornish
Tel: 020 7628 3396
 
Appendix 1



1


Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Christopher Wood 




2


Reason for notification




a)


Position / status


PDMR




b)


Initial notification
/Amendment


Initial 




3


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




a)


Name


Aquila Services Group plc




b) 


LEI


213800YHTDDQX5MZZW83




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 £0.05 each 
 
 
ISIN GB00BPYP3Q26








Nature of the transaction


Sale of 17,000 ordinary shares








Price(s) and volumes(s)


 



Price(s)


Volumes(s)




24.7p


17,000








d)


Aggregated information


17,000 ordinary shares 




e)


Date of the transaction


2020/10/06




f)


Place of the transaction


Outside a trading venue



 

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