REG - discoverIE Group plc - Director/PDMR Shareholdings

DiscoverieAnnouncement

15/10/2024 13:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241015:nRSO2824Ia&default-theme=true

RNS Number : 2824I  discoverIE Group plc  15 October 2024

15 October 2024

discoverIE Group plc

 

Director/PDMR Shareholdings

 

discoverIE Group plc (LSE:DSCV, the "Company"), a leading international
designer and manufacturer of customised electronics to industry, announces
that, on 15 October 2024, it was notified of the following purchases of
ordinary shares of 5 pence each in the Company ("Ordinary Shares") by
Directors of the Company:

 

 Name            Ordinary shares acquired  Average price paid  Total holding               Percentage held

                                                               following share purchases   of issued share capital
 Nick Jefferies  31,588                    £6.331              1,303,722                   1.35%
 Simon Gibbins   7,822                     £6.335              419,217                     0.44%
 Clive Watson    3,950                     £6.273              31,275                      0.03%
 Celia Baxter    4,851                     £6.183              7,642                       0.01%

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Nick Jefferies
 2   Reason for the notification
 a)  Position / status                                            Group Chief Executive
 b)  Initial notification / amendment                             Initial notification
 3   Details of issuer
 a)  Name                                                         discoverIE Group plc
 b)  LEI                                                          213800BMDLQU1VEEAN68
 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

                                                                  GB0000055888
 b)  Nature of the transaction                                    Share acquisition
 c)  Price(s) and volume(s)

Price                    Volume
                                                                  633.138 pence per share  28,571
                                                                  633.5 pence per share    3,017

 

 d)  Aggregated information

Price                   Volume  Total
                                                                  633.17 pence per share  31,588  £200,006.56

 

 e)  Date of the transaction                                      15 October 2024

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

 

 

d)

Aggregated information

 

 Price                   Volume  Total
 633.17 pence per share  31,588  £200,006.56

 

 

e)

Date of the transaction

15 October 2024

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Simon Gibbins
 2   Reason for the notification
 a)  Position / status                                            Group Finance Director
 b)  Initial notification / amendment                             Initial notification
 3   Details of issuer
 a)  Name                                                         discoverIE Group plc
 b)  LEI                                                          213800BMDLQU1VEEAN68
 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

                                                                  GB0000055888
 b)  Nature of the transaction                                    Share acquisition
 c)  Price(s) and volume(s)

Price                  Volume
                                                                  6.335 pence per share  7,822

 

 d)  Aggregated information

Price                  Volume  Total
                                                                  6.335 pence per share  7,822   £49,552.37

 

 e)  Date of the transaction                                      15 October 2024

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

 

 

d)

Aggregated information

 

 Price                  Volume  Total
 6.335 pence per share  7,822   £49,552.37

 

 

e)

Date of the transaction

15 October 2024

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Clive Watson
 2   Reason for the notification
 a)  Position / status                                            Non-Executive Director
 b)  Initial notification / amendment                             Initial notification
 3   Details of issuer
 a)  Name                                                         discoverIE Group plc
 b)  LEI                                                          213800BMDLQU1VEEAN68
 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

                                                                  GB0000055888
 b)  Nature of the transaction                                    Share acquisition
 c)  Price(s) and volume(s)

Price                   Volume
                                                                  631.61 pence per share  1,865
                                                                  623.5 pence per share   2,085

 

 d)  Aggregated information

Price                  Volume  Total
                                                                  6.273 pence per share  3,950   £24,779.51

 

 e)  Date of the transaction                                      15 October 2024

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

 

 

d)

Aggregated information

 

 Price                  Volume  Total
 6.273 pence per share  3,950   £24,779.51

 

 

e)

Date of the transaction

15 October 2024

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Celia Baxter
 2   Reason for the notification
 a)  Position / status                                            Non-Executive Director
 b)  Initial notification / amendment                             Initial notification
 3   Details of issuer
 a)  Name                                                         discoverIE Group plc
 b)  LEI                                                          213800BMDLQU1VEEAN68
 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

                                                                  GB0000055888
 b)  Nature of the transaction                                    Share acquisition
 c)  Price(s) and volume(s)

Price                     Volume
                                                                  618.3901 pence per share  4,366
                                                                  617.7406 pence per share  485

 

 d)  Aggregated information

Price                  Volume  Total
                                                                  6.183 pence per share  4,851   £29,994.95

 

 e)  Date of the transaction                                      15 October 2024

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

 

 

d)

Aggregated information

 

 Price                  Volume  Total
 6.183 pence per share  4,851   £29,994.95

 

 

e)

Date of the transaction

15 October 2024

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

Notes to Editors:

 

About discoverIE Group plc

 

discoverIE Group plc is an international group of businesses that design and
manufacture innovative electronic components for industrial applications.

 

The Group provides application-specific components to original equipment
manufacturers ("OEMs") internationally through its two divisions, Magnetics
& Controls, and Sensing & Connectivity. By designing components that
meet customers' unique requirements, which are then manufactured and supplied
throughout the life of their production, a high level of repeating revenue is
generated with long-term customer relationships.

 

With a focus on key markets driven by structural growth, increasing electronic
content and sustainability, namely medical, electrification of transportation,
renewable energy, security and industrial automation & connectivity, the
Group aims to achieve organic growth that is well ahead of GDP and to
supplement that with complementary acquisitions. The Group is committed to
reducing the impact of its operations on the environment with an SBTi-aligned
plan to reach net zero. With its key markets aligned with a sustainable
future, the Group has been awarded an ESG "AA" rating by MSCI and is Regional
(Europe) Top Rated by Sustainalytics.

 

The Group employs c.4,500 people across 20 countries with its principal
operating units located in Continental Europe, the UK, China, Sri Lanka, India
and North America.

 

discoverIE is listed on the Main Market of the London Stock Exchange and is a
member of the FTSE250, classified within the Electrical Components and
Equipment subsector.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHKZMMGMKZGDZM