REG - Flowtech Fluidpower - Director/PDMR Shareholding

Flowtech FluidpowerAnnouncement

15/08/2019 14:00

RNS Number : 2224J
Flowtech Fluidpower PLC
15 August 2019
 


 
 
 
 
 
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
 




 Flowtech Fluidpwer PLC
("Flowtech" or the "Company")
 
Director / PDMR Dealing
 




 
Flowtech Fluidpower plc, the UK's leading specialist supplier of technical fluid power products, announces that it has been notified that Bill Wilson, Non-Executive Director of Flowtech, has purhcased a total of 16,870 ordinary shares of 50 pence each in the Company ("Ordinary Shares") on 15 August 2019 at a price of 118.9p per Ordinary Share. 
 
Following this transaction, Mr Wilson has an interest in 40,895 Ordinary Shares, representing approximately 0.07 per cent. of the Company's issued Ordinary Share capital.
 
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.


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
 
 


 
 Bill Wilson




2
 


Reason for the notification
 




a)
 


Position/status
 
 


Non-Executive Director




b)
 


Initial notification /Amendment
 
 


Initial notification




3
 


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




a)
 


Name
 
 


FLOWTECH FLUIDPOWER PLC




b)
 


LEI
 
 


LEI: 213800N68SQY5X5XS290




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 £0.50p each




 


 




Identification code


GB00BM4NR742




 


 




b)
 


Nature of the transaction
 
 


Purchase of ordinary shares




c)
 


Price(s) and volume(s)


 


 


 


 




 


 


Price(s)


Volume(s)


 




 


 


118.9p


16,870


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


16,870




 


 




- Price


118.9p




 


 




e)
 


Date of the transaction
 
 


15 August 2019




f)
 


Place of the transaction
 
 


London Stock Exchange, AIM




 




Enquiries to:
Flowtech Fluidpower plc
Bryce Brooks, Chief Executive Officer
Russell Cash, Chief Financial Officer
Tel: +44 (0) 1695 52796
Email info@flowtechfluidpower.com
 
LSE: AIM symbol FLO
 
Zeus Capital Limited (Nominated Adviser and Broker)
Andrew Jones, Alistair Donnelly (corporate finance)
Dominic King, John Goold (sales & broking)
Tel: +44 (0) 161 831 1512
 
finnCap Limited (Joint Broker)
Ed Frisby, Kate Bannatyne (Corporate Finance)
Rhys Williams, Andrew Burdis (Sales & Broking)
Tel: + 44 (0) 20 7220 0500
 
TooleyStreet Communications (IR and media relations)
Fiona Tooley
Tel: +44 (0) 7785 703523 or email: fiona@tooleystreet.com




 




 




 




 




 




 




 




 




 




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