REG - Flowtech Fluidpower - PDMRs - Director Dealings

Flowtech FluidpowerAnnouncement

31/08/2023 07:00

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RNS Number : 8708K  Flowtech Fluidpower PLC  31 August 2023

 NEWS RELEASE

 Issued on behalf of Flowtech Fluidpower plc

 Thursday, 31 August 2023

 Immediate Release

 

 

FLOWTECH FLUIDPOWER PLC

("Flowtech", the "Group" or "Company")

 

"a world of motion"

Our aim is to provide our customers with power, motion & control
solutions, from a single component to integrated engineering systems, in the
most cost-effective way, harnessing the best global brands & products,
services and engineers in the market.

PDMR - Director Dealings

 

 

Flowtech Fluidpower plc has been notified of the following purchases of
ordinary shares in the Company by PDMRs and/or Persons Closely Associated with
them (PCAs) on 30 August 2023:

 

                                        Ordinary Shares  Resultant Number of  Resultant Percentage

                                        Purchased        Ordinary Shares      Holding in the Company
 Roger McDowell, Chairman               300,000          1,050,000            1.71%
 Mike England, Chief Executive          60,470           60,470               0.01%
 Annabel Brooke, PCA of                 115,000          210,000*             0.34%*

 Jamie Brooke, Non-executive Director

 

*Note: resultant holding shown is for Jamie Brooke and his PCA, Annabel
Brooke.

 

The notifications below are made in accordance with the requirements of the EU
Market Abuse Regulation.

 

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                                                         Roger McDowell
 2    Reason for the notification
 a)   Position/status                                              Chairman / PDMR
 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                                                          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 50 pence each ("Ordinary Shares")

      Identification code                                          ISIN: GB00BM4NR742
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)

                                                                                     Price(s)                       Volume(s)
                                                                                     82.6 pence per Ordinary Share  300,000

 d)   Aggregated information                                       N/A

      - Aggregated volume
      - Weighted average price
 e)   Date of the transaction                                      30 August 2023
 f)   Place of the transaction                                     XLON

 

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                                                         Mike England
 2    Reason for the notification
 a)   Position/status                                              Chief Executive Officer / PDMR
 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                                                          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 50 pence each ("Ordinary Shares")

      Identification code                                          ISIN: GB00BM4NR742
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)

                                                                                     Price(s)                       Volume(s)
                                                                                     82.6 pence per Ordinary Share  60,470

 d)   Aggregated information                                       N/A

      - Aggregated volume
      - Weighted average price
 e)   Date of the transaction                                      30 August 2023
 f)   Place of the transaction                                     XLON

 

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                                                         Annabel Brooke
 2    Reason for the notification
 a)   Position/status                                              PCA of Jamie Brooke, Non-Executive Director / PDMR
 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                                                          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 50 pence each ("Ordinary Shares")

      Identification code                                          ISIN: GB00BM4NR742
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)

                                                                                     Price(s)                       Volume(s)
                                                                                     82.6 pence per Ordinary Share  115,000

 d)   Aggregated information                                       N/A

      - Aggregated volume
      - Weighted average price
 e)   Date of the transaction                                      30 August 2023
 f)   Place of the transaction                                     XLON

 

 

 ENQUIRIES:
 FLOWTECH FLUIDPOWER PLC

 Mike England, Chief Executive

 Russell Cash, Chief Financial Officer

 Tel: +44 (0) 1695 52759

 Email: info@flowtechfluidpower.com (mailto:info@flowtechfluidpower.com)

 To read more about the Group please visit www.flowtechfluidpower.com
 (http://www.flowtechfluidpower.com)

 Liberum (Nominated adviser and Sole Broker)

 Richard Lindley / Ben Cryer / Will King

 Tel: +44 (0) 20 3100 2000

 TooleyStreet Communications (IR and media relations)

 Fiona Tooley

 Tel: +44 (0) 7785 703523

 or email: fiona@tooleystreet.com (mailto:fiona@tooleystreet.com)

 

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