REG - Boston International - Directors' Subscriptions for New Ordinary Shares
27/01/2023 07:00
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RNS Number : 0337O Boston International Holdings PLC 27 January 2023
The information contained within this announcement is deemed by the Company to
constitute inside information for the purposes of Article 7 of EU Regulation
596/2014 (which forms part of domestic UK law pursuant to the European Union
(Withdrawal) Act 2018) ("UK MAR"). Upon the publication of this announcement
via a Regulatory Information Service, this information is considered to be in
the public domain.
For immediate release
27 January 2023
BOSTON INTERNATIONAL HOLDINGS PLC
("BIH" or the "Company")
Directors' Subscriptions for New Ordinary Shares
The board of directors of BIH announces that the Directors of the Company have
subscribed for an aggregate of 16,000,000 new ordinary shares of 0.1 pence
each in the Company (the "New Ordinary Shares") at a subscription price of 0.5
pence per share in cash, raising £80,000 for the Company.
Further details of the Directors' individual subscriptions are set out in the
table below:-
Director No. on New Ordinary Shares subscribed for Total No. of Ordinary Shares held Percentage of enlarged issued share capital
Christopher Pitman 4,000,000 6,000,000 4.68%
Martin Lampshire 4,000,000 6,000,000 4.68%
Richard Hartheimer 4,000,000 4,000,100 3.12%
Borden James 4,000,000 4,000,000 3.12%
Total: 16,000,000 20,000,100 15.6%
Applications [will be/have] made for the New Ordinary Shares to be admitted to
listing on the Official List (standard listing segment) and to trading on the
London Stock Exchange's main market for listed securities (together
"Admission"). It is anticipated that Admission will take place at 8.00 a.m. on
3 February 2023.
Use of Proceeds
The Directors intend to use the funds from the subscriptions to fully evaluate
several potential attractive opportunities presently under consideration with
a view to making a decision on which (if any) to progress to a transaction.
Total Voting Rights
Following the issue of the New Ordinary Shares, the Company's issued share
capital consists of 128,219,943 ordinary shares of 0.1 pence, each with one
voting right. The Company does not hold any ordinary shares in treasury.
Therefore, the total number of voting rights in the Company is 128,219,943.
The above figure of 128,219,943 should be used by shareholders in the Company
as the denominator for the calculation by which they may determine if they are
required to notify their interest in, or change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.
For more information, please contact:-
Boston International Holdings Plc
Christopher Pitman, Chairman +44 (0) 7891 104329
Peterhouse Capital Limited (Broker)
Lucy Williams / Duncan Vasey +44 (0) 20 7469 0930
The following information relating to the transactions by each of the
Directors has been filed with the Financial Conduct Authority in accordance
with Article 19(1) of UK MAR.
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 Christopher Nigel Pitman
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Boston International Holdings plc
b) LEI 213800OVVYT6ZUJUXD69
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 0.1 pence each
Identification code
ISIN: GB00BD70S874
b) Nature of the transaction Subscription for 4,000,000 new ordinary shares
c) Price(s) and volume(s) Price No. of shares
0.5 pence 4,000,000
d) Aggregated information
- Aggregated volume
- Price 4,000,000
0.5 pence
e) Date of the transaction 27 January 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
4,000,000
0.5 pence
e)
Date of the transaction
27 January 2023
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Martin Lampshire
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Boston International Holdings plc
b) LEI 213800OVVYT6ZUJUXD69
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 0.1 pence each
Identification code
ISIN: GB00BD70S874
b) Nature of the transaction Subscription for 4,000,000 new ordinary shares
c) Price(s) and volume(s) Price No. of shares
0.5 pence 4,000,000
d) Aggregated information
- Aggregated volume
- Price 4,000,000
0.5 pence
e) Date of the transaction 27 January 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
4,000,000
0.5 pence
e)
Date of the transaction
27 January 2023
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Hartheimer
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Boston International Holdings plc
b) LEI 213800OVVYT6ZUJUXD69
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 0.1 pence each
Identification code
ISIN: GB00BD70S874
b) Nature of the transaction Subscription for 4,000,000 new ordinary shares
c) Price(s) and volume(s) Price No. of shares
0.5 pence 4,000,000
d) Aggregated information
- Aggregated volume
- Price 4,000,000
0.5 pence
e) Date of the transaction 27 January 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
4,000,000
0.5 pence
e)
Date of the transaction
27 January 2023
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name William Borden James
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Boston International Holdings plc
b) LEI 213800OVVYT6ZUJUXD69
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 0.1 pence each
Identification code
ISIN: GB00BD70S874
b) Nature of the transaction Subscription for 4,000,000 new ordinary shares
c) Price(s) and volume(s) Price No. of shares
0.5 pence 4,000,000
d) Aggregated information
- Aggregated volume
- Price 4,000,000
0.5 pence
e) Date of the transaction 27 January 2023
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
4,000,000
0.5 pence
e)
Date of the transaction
27 January 2023
f)
Place of the transaction
Outside a trading venue
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