PressureTechnologies - PDMR / PCA Shareholding
01/11/2024 10:38
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RNS Number : 6394K Pressure Technologies PLC 01 November 2024
1 November 2024
Pressure Technologies plc
("Pressure Technologies" or "the Company" or "the Group")
PDMR / PCA Dealing
Pressure Technologies plc (AIM: PRES), the specialist engineering
group, has been informed that Rockwood Strategic plc purchased 75,000
ordinary shares in the Company ("Ordinary Shares") at a price of 33.5 pence
per share on 31 October 2024.
Following the share purchase, Rockwood Strategic plc holds 8,033,321 Ordinary
Shares, equivalent to 20.78 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
purchase 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)
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) Price: 33.5 pence
Volume: 75,000
d) Aggregated information N/A
e) Date of the transaction 31 October 2024
f) Place of the transaction AIM, London Stock Exchange
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