PDMR Shareholding
19/07/2023 17:37
Mid Wynd International Investment Trust plc ('the Company')
Legal Entity Identifier: 549300D32517C2M3A561
Notification of transactions by Persons Discharging Managerial
Responsibilities (‘PDMRs’) and persons closely associated with them
Mid Wynd International Investment Trust plc
Dealing by a Person Discharging Managerial Responsibilities
The Board of Mid Wynd International Investment Trust plc (the “Company” or
“Mid Wynd”) announces that Simon Edelsten sold 912,000 ordinary shares at
703.65p per share on 19 July 2023. Following the disposal, he and his
connected parties’ holdings total 1,537,837 ordinary shares, representing
2.32% of the issued share capital.
Simon Edelsten commented: “Following my announced retirement from Artemis
and the management of Mid Wynd International Investment Trust plc, I have
decided to reduce my holding in the Company. In future I plan to manage the
bulk of my investments myself via direct equity holdings, but Mid Wynd will
continue to be a significant part of my portfolio. I have worked with the
Board to ensure that such a sale is conducted in an orderly way and that it
does not impact Mid Wynd shareholders.”
Russell Napier, Chairman of the Company commented: “The Board has always
known that Simon would take over responsibility for his investments when he
retired. We are pleased that he has confirmed his intention to retain some of
his investment in the Company following appointment of the new managers. The
Board has used its discount control mechanism (the “DCM”) to ensure that
this disposal has not impacted shareholders and the Board remains committed to
maintaining this policy.”
Contacts:
Russell Napier (Chairman) Tel: +44 (0)7775 920134
William Simmonds (JP Morgan Cazenove) Tel: +44 (0) 207 134 7361
+44 (0)7990 550513
The below announcement is made in accordance with the requirements of the UK
Market Abuse Regulation.
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name Simon Edelsten
2. Reason for the notification
a) Position/Status Fund Manager of Mid Wynd International Investment Trust plc
b) Initial Notification/ Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Mid Wynd International Investment Trust plc
b) LEI 549300D32517C2M3A561
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 Description : Mid Wynd International Investment Trust plc Type : Ordinary shares ISIN : GB00B6VTTK07
b) Nature of Transaction Sale of Ordinary shares of £0.05.
c) Price(s) and volume(s)
Price(s) Volume(s)
£7.0365 912,000
d) Aggregated information N/A (single transaction)
- Aggregated volume - Price
e) Date of the transaction 19 July 2023
f) Place of the transaction XLON (London Stock Exchange, Main Market)
Name of authorised official of issuer responsible for making notification Artemis Fund Managers Limited Company Secretary 0131 225 7300 19 July 2023
Copyright (c) 2023 PR Newswire Association,LLC. All Rights Reserved