REG - Flowtech Fluidpower - Director/PDMR Shareholding

Flowtech FluidpowerAnnouncement

18/03/2019 11:30

RNS Number : 1754T
Flowtech Fluidpower PLC
18 March 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 4,000 ordinary shares of 50 pence each in the Company ("Ordinary Shares") on 14 March 2019 at a price of 116.0p per Ordinary Share. 
 
Following this transaction, Mr Wilson has an interest in 24,025 Ordinary Shares, representing approximately 0.04 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)


 




 


 


116p


4,000


 




 


 


 


 


 




d)
 


Aggregated information


 




 


 




- Aggregated volume


4,000




 


 




- Price


116p




 


 




e)
 


Date of the transaction
 
 


14 March 2019




f)
 


Place of the transaction
 
 


London Stock Exchange, AIM




 




ENQUIRIES:




FLOWTECH FLUIDPOWER PLC




Russell Cash, Chief Financial Officer & Company Secretary
Tel: +44 (0) 1695 52796
Email: info@flowtechfluidpower.com
To read more about the Group please visit www.flowtechfluidpower.com  
 




 




Zeus Capital Limited (Nominated Adviser and Joint Broker)
Andrew Jones, Alistair Donnelly (Corporate Finance)
Dominic King, John Goold (Sales & Broking)
Tel: + 44 (0)20 3829 5000




 




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




 




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 or visit www.rns.com.
 
END
 
 
DSHFVLFFKXFLBBD