REG - Fulcrum Utility Srvc - Director/PDMR Shareholding

Fulcrum Utility ServicesAnnouncement

02/03/2021 10:40

RNS Number : 8653Q
  
Fulcrum Utility Services Ltd
  
02 March 2021
  
 

2 March 2021



Fulcrum Utility Services Limited
("Fulcrum" or the "Company")
Director & PCA Dealings
The Company announces that Jonathan Turner, Non-Executive Director, has transferred 5,116,738 ordinary shares of 0.1p each ("Ordinary Shares") from his personal holding to Bayford Group, a person closely associated ("PCA") to Jonathan.
Furthermore, Jonathan's wife, Karen Turner, has transferred 642,654 Ordinary Shares from her personal holding to her SIPP.
Following these transactions, the Bayford Group (controlled by Jonathan Turner) and its connected parties remain beneficially interested in 32,698,981 Ordinary Shares, which includes all shares held by Jonathan, his wife, and their pension plans. 
The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Jonathan Turner




2


Reason for the notification




a)


Position/status


Non-Executive Director 




b)


Initial notification / amendment


Initial




3
 


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




a)


Name


Fulcrum Utility Services Limited




b)


LEI


213800UOG45CW6KZY620




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
Identification code


Ordinary shares of 0.1p each
 
ISIN: KYG368851047




b)
 


Nature of the transaction
 


Disposal via transfer of ordinary shares for nil consideration




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)


Date of transaction 




Nil


5,116,738


26 February 2021








d)


Aggregated information
- Aggregated volume
- Price


 
N/A
 




e)


Date of the transaction


26 February 2021




f)


Place of the transaction


London Stock Exchange



 
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Bayford Group




2


Reason for the notification




a)


Position/status


a Person Closely Associated (PCA) with Jonathan Turner, Non-Executive Director of the Company 




b)


Initial notification / amendment


Initial




3
 


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




a)


Name


Fulcrum Utility Services Limited




b)


LEI


213800UOG45CW6KZY620




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
Identification code


Ordinary shares of 0.1p each
 
ISIN: KYG368851047




b)
 


Nature of the transaction
 


Acquisition of ordinary shares via transfer for nil consideration from Jonathan Turner




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)


Date of transaction 




Nil


5,116,738


26 February 2021








d)


Aggregated information
- Aggregated volume
- Price


 
N/A
 




e)


Date of the transaction


26 February 2021




f)


Place of the transaction


London Stock Exchange



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Karen Turner




2


Reason for the notification




a)


Position/status


a Person Closely Associated (PCA) with Jonathan Turner, Non-Executive Director of the Company 




b)


Initial notification / amendment


Initial




3
 


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




a)


Name


Fulcrum Utility Services Limited




b)


LEI


213800UOG45CW6KZY620




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
Identification code


Ordinary shares of 0.1p each
 
ISIN: KYG368851047




b)
 


Nature of the transaction
 


Transfer of shares from personal holding to SIPP for nil consideration 




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)


Date of transaction 




Nil


642,654


26 February 2021








d)


Aggregated information
- Aggregated volume
- Price


 
N/A
 




e)


Date of the transaction


26 February 2021




f)


Place of the transaction


London Stock Exchange



 
Enquiries:
Fulcrum Utility Services Limited
Terry Dugdale, Chief Executive Officer    +44 (0)114 280 4102
Jenny Cutler, Chief Financial Officer
Cenkos Securities plc (Nominated adviser and broker)
Max Hartley / Callum Davidson (Nomad) / Michael Johnson (Sales)     +44 (0)20 7397 8900
N+1 Singer (Joint Corporate Broker)
Sandy Fraser / Rachel Hayes / Carlo Spingardi     +44 (0)20 7496 3000
Notes to Editors:
Fulcrum is a multi-utility infrastructure and services provider. The Group operates nationally with its head office in Sheffield, UK and its main business is the design, build, ownership and maintenance of energy connections and their related utility infrastructure including the EV charging network. The Group's offering also extends to smart meter ownership and exchange programmes, and the selective ownership and maintenance of utility networks and infrastructure.
https://investors.fulcrum.co.uk/ 
 

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