REG - Rotala PLC - Director/PDMR Shareholding

RotalaAnnouncement

22/10/2019 07:05

RNS Number : 6262Q
Rotala PLC
22 October 2019
 


RNS
22 October 2019
Rotala Plc
("Rotala" or "the Company" or "the Group")
Director's Dealings
 
Further to admission of 178,500 new ordinary shares of 25p each (the "Subscription Shares") to trading on AIM on 21 October 2019, the Company announces the following dealings by John Gunn, Non-Executive Chairman, and certain persons closely associated with him, in accordance with article 19(3) of the Market Abuse Regulation. Following the acquisition of the Subscription Shares John Gunn now has a total beneficial interest in 5,649,987 Ordinary Shares in the Company, representing approximately 11.28 per cent of the shares in issue, and a total direct and indirect interest in the Company of 8,604,848 ordinary shares, representing approximately 17.18 per cent of the shares in issue.
 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


John Gunn




2


Reason for the notification




a)


Position/status


Non-Executive Chairman




b)


Initial notification /Amendment


Initial notification




3


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




a)


Name


Rotala plc




b)


LEI


213800ALMQ9Y4K5HPT66




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 25p each value
 
ISIN: GB00B1Z2MP60




b)


Nature of the transaction


Purchase of shares in placing




c)


Price(s) and volume(s)






Price


Volume




56 pence per share
 


44,250




 


 




 


 


 




d


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transactions


21 October 2019




f)


Place of the transactions


London Stock Exchange




 
 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Renate Gunn




2


Reason for the notification




a)


Position/status


Wife of John Gunn, Non-Executive Chairman




b)


Initial notification /Amendment


Initial notification




3


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




a)


Name


Rotala plc




b)


LEI


213800ALMQ9Y4K5HPT66




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 25p each value
 
ISIN: GB00B1Z2MP60




b)


Nature of the transaction


Purchase of shares in placing




c)


Price(s) and volume(s)






Price


Volume




56 pence per share
 


44,250




 


 




 


 


 




d


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transactions


21 October 2019




f)


Place of the transactions


London Stock Exchange




 




1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Wengen Pension Plan




2


Reason for the notification




a)


Position/status


Pension plan, the beneficiaries of which are John Gunn (Non-Executive Chairman) and Renate Gunn (wife of John Gunn, Non-Executive Chairman)




b)


Initial notification /Amendment


Initial notification




3


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




a)


Name


Rotala plc




b)


LEI


213800ALMQ9Y4K5HPT66




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 25p each value
 
ISIN: GB00B1Z2MP60




b)


Nature of the transaction


Purchase of shares in placing




c)


Price(s) and volume(s)






Price


Volume




56 pence per share
 


90,000




 


 




 


 


 




d


Aggregated information
- Aggregated volume
- Price


N/A - single transaction




e)


Date of the transactions


21 October 2019




f)


Place of the transactions


London Stock Exchange




 
For further information please contact:
 




Rotala Plc


0121 322 2222




John Gunn, Chairman

Simon Dunn, Chief Executive

Kim Taylor, Group Finance Director


 




Nominated Adviser & Joint Broker:
Cenkos Securities plc


 
020 7397 8900




Stephen Keys/Callum Davidson (Corporate Finance)

Michael Johnson/Julian Morse (Corporate Broking)


 




Joint Broker: Dowgate Capital Stockbrokers Ltd


0203 903 7715




David Poutney/James Serjeant (Corporate Broking)


 




 
About the business
Rotala provides a range of transport solutions, ranging from local bus services under contract to local authorities, through to commercial bus routes. Rotala has operations at Heathrow airport, in the West Midlands and the North West.
 
 
 
 




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