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RNS Number : 0107L LifeSafe Holdings PLC 01 September 2023
1 September 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 216,490 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, his interest in the Company remains at 917,845
Ordinary Shares representing 3.62% of the Company's issued share capital.
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 info@lifesafetechnologies.com
Neil Smith, Chief Executive Officer
Mike Stilwell, Chief Financial Officer
WH Ireland Limited Tel: +44 (0) 20 7220 1666
Chris Fielding
Darshan Patel
Isaac Hooper
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 launched its best-selling first generation StaySafe 5-in-1 fire
extinguisher using this fluid on Amazon Prime in the UK in August 2021. It
subsequently became Amazon Prime's top-selling fire extinguisher in the UK in
the same month. The StaySafe All-in-1, an evolution of the Group's core
fluid which is verified to extinguish ten different fire types, was launched
in the UK in April 2023. StaySafe products were launched in Screwfix in
Spring 2022.
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 216,490
d) Aggregated information
- Aggregated volume N/A - transfer between accounts
- Price
e) Date of the transaction 31/08/2023
f) Place of the transaction XLON, AIM
d)
Aggregated information
- Aggregated volume
- Price
N/A - transfer between accounts
e)
Date of the transaction
31/08/2023
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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
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