REG - RA Intnl Group PLC - Director/PDMR Shareholding

Ra InternationalAnnouncement

26/07/2022 07:00

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RNS Number : 6784T  RA International Group PLC  26 July 2022

RA INTERNATIONAL GROUP PLC

 

("RA International" or the "Company")

 

Director/PDMR Shareholding

 

RA International Group PLC (AIM: RAI), a specialist provider of complex and
integrated remote site services to Humanitarian, Governmental and Commercial
organisations globally, announces that it has transferred to Andrew Bolter
698,566 ordinary shares of 10 pence each ("Ordinary Shares") for an aggregate
consideration of £1. The Ordinary Shares are being transferred out of
treasury.

The Remuneration Committee of the Company has resolved to transfer the
Ordinary Shares to Mr Bolter in recognition of his service to date with the
Company and the ongoing value of his contribution to the Company. Mr Bolter
has agreed to a one year holding period for the Ordinary Shares.

Following the issue of the Ordinary Shares, the Remuneration Committee and Mr
Bolter have agreed to cancel 1,304,347 options over Ordinary Shares previously
granted to him at the time of the Company IPO in June 2018.

Following the transfer and cancellation, Mr Bolter has a total shareholding in
the Company of 2,110,627 Ordinary Shares, representing 1.2 per cent. of the
current issued share capital.

The Company also confirms a further 760,869 Ordinary Shares were transferred
out of treasury in settlement of remuneration to a senior employee of the
Company. Following this transfer, and the transfer to Mr Bolter as set out
above, the Company no longer holds any Ordinary Shares in treasury.

Following the transfers, the total number of Ordinary Shares in issue and
admitted to trading on AIM will remain at 173,575,741, comprising 0 (zero)
Ordinary Shares held in treasury and 173,575,741 Ordinary Shares with voting
rights. The figure of 173,575,741 Ordinary Shares should be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 Enquiries:

 RA International Group PLC                                         Via Bamburgh Capital

 Soraya Narfeldt, Chief Executive Officer

 Lars Narfeldt, Chief Operating Officer

 Andrew Bolter, Chief Financial Officer

 Canaccord Genuity Limited (Nominated Adviser and Broker)           +44 (0)207 523 8000

 Bobbie Hilliam

 Alex Aylen

 Bamburgh Capital Limited (Financial PR & Investor Relations)       +44 (0)131 376 0901

 Murdo Montgomery                                                   investors@raints.com (mailto:rainternational@hudsonsandler.com)

 

 

  1.   Details of PDMR / person closely associated with them ('PCA')
 a)    Name                                     Andrew Bolter
 2.    Reason for the Notification
 a)    Position / status                        Chief Financial Officer
 b)    Initial notification /amendment          Initial notification
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                     RA International Group plc
 b)    LEI                                      213800N6RTATELJU6797
 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  Ordinary shares of 10 pence each in the Company
       Identification code                      RAI GB00BDZV6W26
 b)    Nature of the transaction                Award of Ordinary Shares

 c)    Price(s) and volume(s)                   Price(s)                   Volume(s)
       -                                                                   698,566
 d)    Aggregated information

       Aggregated volume                        698,566

       Price                                    £1
 e)    Date of the transaction                  25 July 2022
 f)    Place of the transaction                 Off market

 

  1.   Details of PDMR / person closely associated with them ('PCA')
 a)    Name                                     Andrew Bolter
 2.    Reason for the Notification
 a)    Position / status                        Chief Financial Officer
 b)    Initial notification /amendment          Initial notification
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name                                     RA International Group plc
 b)    LEI                                      213800N6RTATELJU6797
 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  Ordinary shares of 10 pence each in the Company
       Identification code                      RAI GB00BDZV6W26
 b)    Nature of the transaction                Cancellation of options over Ordinary Shares

 c)    Price(s) and volume(s)                   Price(s)                   Volume(s)
       -                                                                   1,304,347
 d)    Aggregated information

       Aggregated volume                        1,304,347

       Price                                    N/A
 e)    Date of the transaction                  25 July 2022
 f)    Place of the transaction                 Off market

 

 

About RA International

RA International is a leading provider of services to remote locations. The
Company offers its services through three channels: construction, integrated
facilities management and supply chain, and services three main client groups:
humanitarian and aid agencies, governments and commercial customers,
predominantly in the oil and gas and mining sectors. It has a strong customer
base, largely comprising UN agencies, western governments and global
corporations.

The Company provides comprehensive, flexible, mission critical support to its
clients enabling them to focus on the delivery of their respective businesses
and services. Focusing on integrity and values alongside making on-going
investment in its people, locations and operations has over time created a
reliable and trusted brand within its sector.

 

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