PressureTechnologies - PDMR/PCA Shareholding
18/10/2024 14:03
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RNS Number : 8204I Pressure Technologies PLC 18 October 2024
18 October 2024
Pressure Technologies plc
("Pressure Technologies" or "the Company" or "the Group")
PDMR / PCA Shareholding
Pressure Technologies plc (AIM: PRES), the specialist engineering
group, was informed today that Rockwood Strategic plc purchased a total of
208,321 ordinary shares in the Company ("Ordinary Shares") at an average price
of 32.2 pence per share, on 9, 10 and 17 October 2024.
Following the share purchases, Rockwood Strategic plc holds 7,958,321 Ordinary
Shares, equivalent to 20.58 per cent of the Company's issued share capital.
Rockwood Strategic plc is a person closely associated ("PCA") with Richard
Staveley, Non-Executive Director of the Company. Further details on the share
purchases are included below.
For further information, please contact:
Pressure Technologies plc Tel: 0333 015 0710
Chris Walters, Chief Executive company.secretary@pressuretechnologies.co.uk
(mailto:company.secretary@pressuretechnologies.co.uk)
Steve Hammell, Chief Financial Officer
Singer Capital Markets (Nomad and Broker) Tel: 0207 496 3000
Rick Thompson / Asha Chotai
COMPANY DESCRIPTION
www.pressuretechnologies.com (http://www.pressuretechnologies.com/)
Pressure Technologies plc is based in Sheffield and operates through its
wholly subsidiary Chesterfield Special Cylinders ("CSC"). CSC is a market
leading designer, manufacturer and provider of safety-critical, high-pressure
containment products and services to a global customer base in the defence,
hydrogen energy, oil & gas and industrial markets. For more information on
CSC, please visit www.chesterfieldcylinders.com
(http://www.chesterfieldcylinders.com/)
Notification and public disclosure of transactions by Persons Discharging
Managerial Responsibilities ("PDMR") and Persons Closely Associated with them:
1 Details of the Person Discharging Managerial Responsibilities / Person Closely
Associated
a) Name Rockwood Strategic plc
2 Reason for the notification
a) Position/status Person Closely Associated with Richard Staveley (Director and PDMR of the
Company)
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Pressure Technologies plc
b) LEI 213800PTKN1VDP2DIN05
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
Identification code GB00B1XFKR57
b) Nature of the transaction Purchase of Ordinary Shares
c) Price(s) and volume(s) Date Volume Price
9October 2024 33,321 £0.31
10 October 2024 100,000 £0.32
17 October 2024 75,000 £0.33
d) Aggregated information Total volume: 208,321
Volume weighted average price: £0.322
e) Date of the transaction 9, 10 and 17 October 2024
f) Place of the transaction AIM, London Stock Exchange
d)
Aggregated information
Total volume: 208,321
Volume weighted average price: £0.322
e)
Date of the transaction
9, 10 and 17 October 2024
f)
Place of the transaction
AIM, London Stock Exchange
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