REG - Eddie Stobart - Director/PDMR Shareholding

Logistics DevelopmentAnnouncement

31/12/2020 10:25

RNS Number : 2832K
  
Eddie Stobart Logistics PLC
  
31 December 2020
  
 

Eddie Stobart Logistics plc
to be renamed "Logistics Development Group plc" 
(the "Company") 
Director Dealings
 
Eddie Stobart Logistics plc, (shortly to be re-named Logistics Development Group plc) an AIM investing company focused on logistics assets, announces that further to the Company's announcements on 9 December 2020 and 29 December 2020, the Directors have, following Admission today, acquired a total of 5,413,843 Ordinary Shares in the Company via the Subscription and Open Offer, as detailed below:
 



Name


Title


Number of Existing Ordinary Shares#


Number of Subscription and Open Offer Shares subscribed #


Resulting shareholding following subscription #


Percentage of enlarged share capital following subscription#




Adrian Collins


Chairman 


-


1,000,000


1,000,000


0.14%




Stephen Harley


Non-Executive Director


30,000


1,000,000


1,030,000


0.15%




Saki Riffner


Non-Executive Director


1,118,496


3,413,843


4,532,339


0.65%



 
* The number of Ordinary Shares presented in this table as being held or subscribed for by Directors refers to the number of Ordinary Shares held or subscribed for by them either personally or through a nominee.
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the circular sent to shareholders of the Company on 9 December 2020.
The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:



1


Details of the person discharging managerial responsibilities / person closely associated




a)
 


Name
  


1.   Adrian Collins
2.   Stephen Harley
3.   Saki Riffner




2


Reason for the notification




a)
 


Position/status
 


1.   Chairman
2.    Non-Executive Director
3.   Non-Executive Director




b)


Initial notification /Amendment


Initial




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Eddie Stobart Logistics plc




b)


LEI


213800N5AWXCFP613J91




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
 
Identification code


Ordinary Shares of 1 pence each
 
ISIN: GB00BD8QVC95




b)


Nature of the transaction


Subscription for Ordinary Shares in Subscription and Open Offer




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




1.   5  pence
2.   5  pence
3.   5  pence
 


1.   1,000,000
2.   1,000,000
3.   3,413,843
 








d)


Aggregated information
- Aggregated volume
- Price


 
N/A - single transaction




e)


Date of the transaction


31 December 2020




f)


Place of the transaction


London Stock Exchange, XLON



 
Enquiries:



Eddie Stobart Logistics plc 


via FTI Consulting














FTI Consulting


(0)20 3727 1340




Nick Hasell / Alex Le May


















Cenkos Securities Plc (Nomad & Joint Broker)


(0)20 7397 8900




Nicholas Wells / Giles Balleny


















Investec Bank plc (Joint Broker)


(0)20 7597 5970




Gary Clarence / David Anderson







 

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