REG - Newmark Security PLC - Director dealing & significant shareholder change

Newmark SecurityAnnouncement

21/10/2019 18:00

RNS Number : 6197Q
Newmark Security PLC
21 October 2019
 


21 October 2019
 
Newmark Security plc
 
("Newmark" or the "Company")
 
Director dealing and change to a significant shareholder
 
Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, announces that Maurice Dwek, Chairman of the Company, has today purchased 34,200,000 ordinary shares of 1p each of the Company ("Ordinary Shares") by way of a transfer at a price of 1p per share from Mr Elie Dwek (brother of Maurice Dwek).
 
Following the completion of this transfer, Maurice Dwek has a total beneficial interest in 92,799,467 Ordinary Shares, representing 19.8 per cent of the total issued share capital of the Company.
 
The notification grid below, which has been included in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
 
Mr Elie Dwek is a significant shareholder of the Company pursuant to the AIM Rules for Companies and with this disposal of Ordinary Shares, Mr Dwek is now interested in 35,500,000 Ordinary Shares, representing 7.57 per cent of the total issued share capital of the Company.
 
 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


Maurice Dwek




2


Reason for the notification




a)


Position/status


Chairman




b)
 


Initial notification /Amendment


Initial notification




3
 


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




a)


Name


Newmark Security plc




b)


LEI


213800CL2XGDB1YCLM67




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 1p each in Newmark Security plc
 
 
Identification code (ISIN) for Newmark Security plc ordinary shares: GB0006596406




b)


Nature of the transaction


purchase of shares




c)


Price(s) and volume(s)





 Price(s)


Volume(s)




1p


34,200,000



 




d)


Aggregated information
- Aggregated volume
- Price





 Price(s)


Volume(s)




n/a


n/a



 




e)


Date of the transaction


21 October 2019




f)


Place of the transaction


Outside of a trading venue



 
 
 
 
For further information:
 



Newmark Security plc








Marie-Claire Dwek, Chief Executive Officer
Brian Beecraft, Group Finance Director
 


Tel: +44 (0) 20 7355 0070
www.newmarksecurity.com




Allenby Capital Limited
(Nominated Adviser and Broker)


Tel: +44 (0) 20 3328 5656




James Reeve / Liz Kirchner







 




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