REG - Kitwave Group PLC - Director/PDMR Shareholding

KitwaveAnnouncement

01/04/2022 13:45

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RNS Number : 9992G  Kitwave Group PLC  01 April 2022

1 April 2022

Kitwave Group plc

 

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

Director/PDMR Shareholding

 

Kitwave Group plc (AIM: KITW), the delivered wholesale business, was today
notified that Gerard Murray, Non Executive Director of the Company, and his
PCAs today purchased an aggregate of 30,000 ordinary shares of 1 pence each in
the capital of the Company ("Ordinary Shares") at a price of 144.5 pence per
Ordinary Share.

 

 

Following the transaction Mr Murray and his PCAs hold 70,000 Ordinary Shares
in the Company, equating to a beneficial shareholding of 0.1%.

 

- Ends -

 

For further information please contact:

                                                      Tel: +44 (0) 191 259 2277

 Kitwave Group plc

 Paul Young, Chief Executive Officer

 David Brind, Chief Financial Officer

 www.kitwave.co.uk (http://www.kitwave.co.uk/)
 Canaccord Genuity Limited                            Tel: +44 (0) 20 7523 8150

(Nominated Adviser and Sole Broker)

 Bobbie Hilliam

 Georgina McCooke

 Alex Aylen - Sales
 Yellow Jersey PR                                     Tel: +44 (0) 20 3004 9512

(Financial media and PR)

 Sarah Hollins

 Henry Wilkinson

 James Lingfield

 

Company Overview

Founded in 1987, following the acquisition of a single-site confectionery
wholesale business based in North Shields, United Kingdom, Kitwave is a
delivered wholesale business, specialising in selling and delivering impulse
products, frozen and chilled foods, alcohol, groceries and tobacco to
approximately 39,000, mainly independent, customers.

 

With a network of 27 depots, Kitwave is able to support delivery throughout
the UK to a diverse customer base, which includes independent convenience
retailers, leisure outlets, vending machine operators, foodservice providers
and other wholesalers, as well as leading national retailers.

The Group's growth to date has been achieved both organically and through a
strategy of acquiring smaller, predominantly family-owned, complementary
businesses in the fragmented UK grocery and foodservice wholesale market.

 

Kitwave Group plc (AIM: KITW) was admitted to trading on AIM of the London
Stock Exchange on 24 May 2021.

 

For further information, please visit www.kitwave.co.uk
(http://www.kitwave.co.uk/)  .

 

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:                                     Gerard Murray
 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 participation, auction
     platform, auctioneer or auction monitor
 a)  Name:                                     Kitwave Group plc
 b)  LEI:                                      2138007DLCYPVY95UD40
 4.  Details of 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:  Ordinary Shares of 1 pence each

     Identification code:                      ISIN: GB00BNYKB709
 b)  Nature of the transaction:                Purchase of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     144.5 pence                                                           15,000
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  1 April 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Marta Fernandez Varona
 2   Reason for the notification
 a)  Position/Status:                          PCA of Gerard Murray, Non Executive Director
 b)  Initial Notification/Amendment:           Initial Notification
 3   Details of the issuer, emission allowance market participation, auction
     platform, auctioneer or auction monitor
 a)  Name:                                     Kitwave Group plc
 b)  LEI:                                      2138007DLCYPVY95UD40
 4.  Details of 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:  Ordinary Shares of 1 pence each

     Identification code:                      ISIN: GB00BNYKB709
 b)  Nature of the transaction:                Purchase of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     144.5  pence                                                          15,000
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  1 April 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

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