REG - Panther Securities - Director/PDMR/PCA Shareholding

Panther SecuritiesAnnouncement

17/10/2024 12:45

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RNS Number : 6377I  Panther Securities PLC  17 October 2024

17 October 2024

Panther Securities PLC

(the "Company")

Director/PDMR/PCA Shareholding

Panther Securities PLC announces that it was informed today that Andrew
Perloff, Executive Chairman, today sold 300,000 ordinary shares of 25 pence
each ("Ordinary Shares") through the market at a price of 329.9 pence per
Ordinary Share from his own direct beneficial holding to Portnard Limited
("Portnard"), a person closely associated with Andrew Perloff, who acquired
the 300,000 Ordinary Shares at a price of 330 pence per Ordinary Share (the
"Transfer").

Following the Transfer, Andrew Perloff and Portnard have the following
interests in the Company:

 Name              Number of ordinary shares held  Percentage of voting rights in the Company now held
 Andrew Perloff    3,715,860                       21.30%
 Portnard Limited  8,705,175                       49.91%

 

The Panel on Takeovers and Mergers (the "Panel") has been consulted in
relation to the Transfer in respect of Note 4 on Rule 9.1 and has agreed to
waive the requirement of Rule 9 of the City Code on Takeovers and Mergers (the
"Code") for Portnard to make a mandatory offer for the Company.

Further details are set out in the FCA notifications, made in accordance with
the requirements of the UK Market Abuse Regulation, which are appended further
below.

For further information:

Panther Securities
plc:
Tel: 01707 667 300

Andrew Perloff / Simon Peters

Allenby Capital Limited (Nomad and Joint
Broker)
Tel: 020 3328 5656

Alex Brearley / Piers Shimwell

 

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                                                         1) Andrew Perloff

                                                                  2) Portnard Limited
 2.  Reason for the Notification
 a)  Position/status                                              1) Executive Chairman

                                                                  2) Person closely associated with Andrew Perloff
 b)  Initial notification/Amendment                               Initial Notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Panther Securities PLC
 b)  LEI                                                          2138007J2Y5R916YE715
 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 25 pence each
     Identification code                                          ISIN: GB0005132070
 b)  Nature of the transaction                                    1)   Sale of ordinary shares of 25 pence each

                                                                  2)   Purchase of ordinary shares of 25 pence each
 c)  Price(s) and volume(s)                                       Price(s)                           Volume(s)
                                                                  1) 329.9 pence per ordinary share  1) 300,000
                                                                  2) 330 pence per ordinary share    2) 300,000
 d)  Aggregated information:                                      n/a

     -Aggregated volume

     -Price
 e)  Date of the transaction                                      17 October 2024
 f)  Place of the transaction                                     London Stock Exchange, XLON

d)

Aggregated information:

-Aggregated volume

-Price

n/a

e)

Date of the transaction

17 October 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

 

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