REG - Porvair PLC - Director/PDMR Shareholding
RNS Number : 1392NPorvair PLC20 September 201920 September 2019
Porvair plc ("Porvair" or the "Company")
Director's Shareholding
The Company announces it was notified on 16 September 2019 of the following purchase on 30 August 2019 by Ben Stocks of Ordinary Shares pursuant to the Group's dividend reinvestment plan ("DRIP").
Director
Transaction
Price
Number
Ben Stocks
DRIP purchase
£5.66
1,907
Following these dealings, Ben Stocks' holding in the Company has increased by 1,907 Ordinary Shares to 764,840 Ordinary Shares, representing approximately 1.7 per cent. of the Company's issued share capital.
For further information, please contact:
Porvair plc
01553 765 500
Chris Tyler, Group Finance Director
Notes to Editors
Porvair is a group of specialist filtration and environmental technology businesses. Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets. It operates in three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality.
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Ben Stocks
2.
Reason for the notification
a.
Position/status
CEO
b.
Initial notification
/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Porvair plc
b.
LEI
213800ECKHS8LAQO3C45
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 2p
GB0006963689
b.
Nature of the transaction
1) Dividend reinvestment plan
c.
Price(s) and volume(s)
Price(s)
Volume(s)
1)
£5.66
1,907
d.
Aggregated information
· Aggregated volume
· Price
As above
e.
Date of the transaction
30 August 2019
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
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