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REG - Fulcrum Utility Srvc - Director/PCA Dealings

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RNS Number : 9138X  Fulcrum Utility Services Ltd  10 January 2022

10 January 2022

Fulcrum Utility Services Limited

("Fulcrum" or the "Company")

Director/PCA Dealings

The Company announces that on 10 January 2022, pursuant to the placing that
was announced on 15 December 2021, the following Directors and Persons Closely
Associated ("PCA") purchased ordinary shares of 0.1 pence each in the capital
of the Company ("Ordinary Shares"). Furthermore, connected parties of Jonathan
Turner, namely the respective pension funds of Jonathan Turner and his spouse,
have acquired an aggregate of 1,583,333 Ordinary Shares pursuant to the open
offer that was launched on 17 December 2021.

Details of all purchases can be seen below:

 Name                                                                          Type of Purchase                 No. of Shares Purchased  Price per share  Resultant holding post transaction (%)

 Terry Dugdale,                                                                Placing shares                   166,667                  12.0p            191,667 (0.05%)

 Chief Executive Officer

 Jennifer Babington,                                                           Placing shares                   166,667                  12.0p            191,627 (0.05%)

 Non-executive Chair

 Dominic Lavelle,                                                              Placing shares                   166,667                  12.0p            266,667 (0.03%)

 Non-executive Director

 Harwood Capital LLP                                                           Placing shares                   83,333,334               12.0p            114,892,352 (28.8%)

 PCA to Jeremy Brade (Non-executive Director)

 The Bayford Group controlled by Jonathan Turner (Non-executive Director) and  Placing & Open Offer shares      72,416,667               12.0p            106,765,648 (26.7%)
 its connected parties

 

Enquiries:

Fulcrum Utility Services Limited

Terry Dugdale, Chief Executive Officer
 
+44 (0)114 280 4150

Cenkos Securities plc (Nominated adviser and broker)

Camilla Hume / Callum Davidson (Nomad)  / Michael Johnson (Sales)
   +44 (0)20 7397 8900

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider. The Group
operates nationally with its head office in Sheffield, UK. It designs, builds,
owns and maintains utility infrastructure and offers smart meter exchange
programmes.

https://investors.fulcrum.co.uk/ (https://investors.fulcrum.co.uk/)

 

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                                                         Terry Dugdale
 2    Reason for the notification
 a)   Position/status                                              Chief Executive Officer
 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  Ordinary shares of 0.1p each

      Identification code

                                                                   ISIN: KYG368851047
 b)   Nature of the transaction                                    Purchase of ordinary shares

 c)   Price(s) and volume(s)                                       Price(s)         Volume(s)

                                                                 12.0p per share  166,667

 
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      10 January 2022
 f)   Place of the transaction                                     London Stock Exchange (AIM)

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

10 January 2022

f)

Place of the transaction

London Stock Exchange (AIM)

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Jennifer Babington
 2    Reason for the notification
 a)   Position/status                                              Non-Executive Chair
 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  Ordinary shares of 0.1p each

      Identification code

                                                                   ISIN: KYG368851047
 b)   Nature of the transaction                                    Purchase of ordinary shares

 c)   Price(s) and volume(s)                                       Price(s)         Volume(s)

                                                                 12.0p per share  166,667

 
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      10 January 2022
 f)   Place of the transaction                                     London Stock Exchange (AIM)

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

10 January 2022

f)

Place of the transaction

London Stock Exchange (AIM)

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Dominic Lavelle
 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  Ordinary shares of 0.1p each

      Identification code

                                                                   ISIN: KYG368851047
 b)   Nature of the transaction                                    Purchase of ordinary shares

 c)   Price(s) and volume(s)                                       Price(s)         Volume(s)

                                                                 12.0p per share  166,667

 
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      10 January 2022
 f)   Place of the transaction                                     London Stock Exchange (AIM)

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

10 January 2022

f)

Place of the transaction

London Stock Exchange (AIM)

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Harwood Capital LLP
 2    Reason for the notification
 a)   Position/status                                              a Person Closely Associated (PCA) with Jeremy Brade, 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  Ordinary shares of 0.1p each

      Identification code

                                                                   ISIN: KYG368851047
 b)   Nature of the transaction                                    Purchase of ordinary shares

 c)   Price(s) and volume(s)                                       Price(s)         Volume(s)

                                                                 12.0p per share  83,333,334

 
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      10 January 2022
 f)   Place of the transaction                                     London Stock Exchange (AIM)

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

10 January 2022

f)

Place of the transaction

London Stock Exchange (AIM)

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Bayford Group and connected parties
 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  Ordinary shares of 0.1p each

      Identification code

                                                                   ISIN: KYG368851047
 b)   Nature of the transaction                                    Purchase of ordinary shares

 c)   Price(s) and volume(s)                                       Price(s)         Volume(s)

                                                                 12.0p per share  72,416,667

 
 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      10 January 2022
 f)   Place of the transaction                                     London Stock Exchange (AIM)

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

 

e)

Date of the transaction

10 January 2022

f)

Place of the transaction

London Stock Exchange (AIM)

 

 

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