REG - Kitwave Group PLC - Director/PDMR Shareholding

KitwaveAnnouncement

07/07/2022 11:15

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RNS Number : 6911R  Kitwave Group PLC  07 July 2022

07 July 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 the following PDMRs transferred ordinary shares of 1 pence each
in the capital of the Company ("Ordinary Shares") at nil cost to various
Persons Closely Associated ("PCAs"). Details of the transfers are listed in
the below table. The resultant aggregate holdings of the PDMRs and their PCAs
remain unchanged:

 Director/PDMR  Position  Beneficiary  Number of Ordinary Shares transferred  Resultant holding of PDMRs and their PCAs (unchanged)  Resultant holding (%)
 Paul Young     CEO       Wife         700,000                                10,968,550                                             15.7%
 David Brind    CFO       Wife         616,093                                1,540,233                                              2.2%
 Ben Maxted     COO       Wife         220,456                                220,456                                                0.3%
 Chris Young    PDMR      Wife         745,445                                745,445                                                1.1%
 John Hope      PDMR      Wife         412,119                                412,119                                                0.6%
 Jay Mackay     PDMR      Wife         201,493                                201,493                                                0.3%

- Ends -

For further information please contact:

 Kitwave Group plc                                    Tel: +44 (0) 191 259 2277

 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:                                     Paul Young
 2   Reason for the notification
 a)  Position/Status:                          Chief Executive Officer
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     700,000
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Teresa Young
 2   Reason for the notification
 a)  Position/Status:                          PCA of Chief Executive Officer
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     700,000
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     David Brind
 2   Reason for the notification
 a)  Position/Status:                          Chief Financial Officer
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     616,093
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Claire Brind
 2   Reason for the notification
 a)  Position/Status:                          PCA of Chief Financial Officer
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     616,093
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Ben Maxted
 2   Reason for the notification
 a)  Position/Status:                          Chief Operating Officer
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     220,456
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Alix Maxted
 2   Reason for the notification
 a)  Position/Status:                          PCA of Chief Operating Officer
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     220,456
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Chris Young
 2   Reason for the notification
 a)  Position/Status:                          PDMR
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     745,445
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Olga Young
 2   Reason for the notification
 a)  Position/Status:                          PCA to PDMR
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     220,456
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     John Hope
 2   Reason for the notification
 a)  Position/Status:                          PDMR
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     412,119
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Tina Hope
 2   Reason for the notification
 a)  Position/Status:                          PCA to PDMR
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     412,119
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Jay Mackay
 2   Reason for the notification
 a)  Position/Status:                          PDMR
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     201,493
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                     Norma Mackay
 2   Reason for the notification
 a)  Position/Status:                          PCA to PDMR
 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:                Transfer of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     -                                                                     201,493
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  7 July 2022
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

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