REG - Kitwave Group PLC - Director/PDMR Shareholding

KitwaveAnnouncement

04/07/2023 14:15

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RNS Number : 9468E  Kitwave Group PLC  04 July 2023

04 July 2023

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 and/or Persons Closely Associated ("PCAs")
have sold ordinary shares of 1 pence each in the capital of the Company
("Ordinary Shares") at a price of 324.5 pence per share. Details of the share
sales are listed in the below table.

 Director/PDMR  Position  Beneficiary / PCA  Number of Ordinary Shares sold  Resultant holding of PDMRs and their PCAs  Resultant holding (%)
 David Brind    CFO       -                  500,000                         424,140                                    0.61%
 Ben Maxted     COO       Wife               150,000                         70,456                                     0.10%
 Chris Young    PDMR      Wife               200,000                         545,445                                    0.78%
 John Hope      PDMR      Wife               100,000                         312,119                                    0.45%
 Jay Mackay     PDMR      Wife               80,000                          121,493                                    0.17%

 

- 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

 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, chilled and fresh foods, alcohol, groceries and tobacco to
approximately 42,000, mainly independent, customers.

 

With a network of 29 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:                                     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:                Sale of Ordinary Shares
 c)   Price(s) and volume(s):                   Price(s)                    Volume(s)
      324.5 pence                                                           500,000
 d)   Aggregated volume:                        n/a single transaction

      Price:
 e)   Date of the Transaction:                  04 July 2023
 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:                Sale of Ordinary Shares
 c)   Price(s) and volume(s):                   Price(s)                    Volume(s)
      324.5 pence                                                           150,000
 d)   Aggregated volume:                        n/a single transaction

      Price:
 e)   Date of the Transaction:                  04 July 2023
 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:                Sale of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     324.5 pence                                                           200,000
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  04 July 2023
 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:                Sale of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     324.5 pence                                                           100,000
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  04 July 2023

 

 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:                Sale of Ordinary Shares
 c)  Price(s) and volume(s):                   Price(s)                    Volume(s)
     324.5 pence                                                           80,000
 d)  Aggregated volume:                        n/a single transaction

     Price:
 e)  Date of the Transaction:                  4 July 2023
 f)  Place of the Transaction:                 London Stock Exchange (XLON); AIM

 

 

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