REG - LifeSafe Holdings - Director Dealing / PDMR Shareholding

LifeSafe HoldingsAnnouncement

29/03/2023 07:00

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RNS Number : 5115U  LifeSafe Holdings PLC  29 March 2023

29 March 2023

 

LifeSafe Holdings plc

('LifeSafe', the 'Company' or the 'Group')

 

Director dealing / PDMR shareholding

 

LifeSafe (AIM: LIFS), a fire safety technology business with innovative fire
extinguishing fluids and fire safety products, has been notified that Dominic
Berger, Executive Chairman, transferred 265,113 ordinary shares of 1p each in
the capital of the Company ('Ordinary Shares') from his personal holding into
his self-invested personal pension for estate and tax planning purposes
('Transfer').

 

Following this Transfer, there is no change to Mr Berger's beneficial holding,
and his interest in the Company remains at 4.09% of the Company's issued share
capital.

 

637,887 Ordinary Shares, representing approximately 2.9% of the Company's
issued share capital, held by Mr Berger continue to be subject to a lock-in
arrangement pursuant to the Company's Admission Document.

 

The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.

 

- Ends -

 

FOR FURTHER ENQUIRIES:

 

 LifeSafe Holdings plc                   Via Buchanan
 Neil Smith, Chief Executive Officer     Tel: +44 (0) 20 7466 5000
 Mike Stilwell, Chief Financial Officer  www.lifesafeholdingsplc.com (http://www.lifesafeholdingsplc.com)

 WH Ireland Limited                      Tel: +44 (0) 20 7220 1666
 Chris Fielding
 Darshan Patel

 Buchanan Communications                 Tel: +44 (0) 20 7466 5000
 Henry Harrison-Topham                   LifeSafe@buchanan.uk.com
 Jack Devoy
 George Cleary

 

Notes to Editors

LifeSafe is a fire safety technology business that develops eco-friendly,
novel and innovative fire extinguishing fluids with a range of life-saving
fire safety products.  Through its highly experienced management team,
LifeSafe is seeking to create new markets for the Group in fire safety through
new technologies, digital marketing and multi-channel sales.

 

LifeSafe has developed what the Directors believe to be a market disrupting
range of eco-friendly fire safety protection products including, launched in
December 2022, a new Thermal Runaway Fluid to combat thermal runaway in
lithium battery fires by permanently extinguishing and preventing the
re-ignition of lithium fires.  This is an evolution of the Group's core
FER1000 extinguishing fluid, for which the Group has been granted a patent in
the UK, which has been developed by LifeSafe to extinguish five different
types of fire: electrical, paper, textiles, cooking oil, and petrol and
diesel.

 

The Group's best-selling product using this extinguishing fluid is the
StaySafe 5-in-1 fire extinguisher.  It was launched on Amazon Prime in the UK
in August 2021 and subsequently became Amazon Prime's top-selling fire
extinguisher in the UK in the same month.  The StaySafe 5-in-1 and the
PanSafe pan fire extinguisher were launched in Screwfix in Spring.

 

LifeSafe is continuing to develop new fluid derivations for the industrial
market.

 

LifeSafe was admitted to trading on AIM in July 2022 with the ticker LIFS.L.
For additional information please visit https://www.lifesafeholdingsplc.com
(https://www.lifesafeholdingsplc.com) .

 

LinkedIn: https://www.linkedin.com/company/lifesafe-technologies
(https://www.linkedin.com/company/lifesafe-technologies)

Twitter: https://twitter.com/LifesafeT (https://twitter.com/LifesafeT)

 

 

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                                                              Dominic Berger
 2   Reason for the notification
 a)  Position/status                                                   Executive Chairman
 b)  Initial notification/ Amendment                                   Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                              LifeSafe Holdings plc
 b)  LEI                                                               2138004KSXCPNWGSL119
 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 1p each

     Identification code

                                                                       GB00BP83Y473
 b)  Nature of the transaction                                         Transfer of Ordinary Shares into SIPP
 c)  Price(s) and volume(s)                                            Price(s)  Volume(s)
                                                                       N/A       265,113
 d)  Aggregated information

     -      Aggregated volume                                          N/A - transfer between accounts

     -      Price
 e)  Date of the transaction                                           28/3/2023
 f)  Place of the transaction                                          XLON, AIM

d)

Aggregated information

-      Aggregated volume

-      Price

 

N/A - transfer between accounts

e)

Date of the transaction

28/3/2023

f)

Place of the transaction

XLON, AIM

 

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

The person responsible for arranging the release of this announcement on
behalf of the Company is Mike Stilwell, Chief Financial Officer of the
Company.

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