REG - Shearwater Group PLC - Director/PDMR Shareholding

ShearwaterAnnouncement

14/12/2021 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211214:nRSN5121Va&default-theme=true

RNS Number : 5121V  Shearwater Group PLC  14 December 2021

14 December 2021

 

SHEARWATER GROUP PLC

("Shearwater" or the "Company")

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG) announces that on 10 and 13 December 2021 VJM
Investments Limited, a company in which the Company's Chief Executive Officer,
Phil Higgins, has a beneficial interest, purchased 19,500 ordinary shares of
10 pence each in the capital of the Company ("Ordinary Shares") at a weighted
average price of 101 pence per share.

Following these transactions, Mr. Higgins' is beneficially interested in
2,216,850 Ordinary Shares, representing approximately 9.3% per cent. of the
issued ordinary share capital of the Company, and the aggregate interest in
Ordinary Shares of the Higgins family increases by 19,500 Ordinary Shares.

The notification below, made in accordance with the UK Market Abuse
Regulation, provides further details.

Enquiries:

 Shearwater Group plc                             www.shearwatergroup.com

 David Williams                                   c/o Alma PR

 Phil Higgins

 Cenkos Securities plc - NOMAD and Joint Broker   +44 (0) 20 7397 8900

 Ben Jeynes / Max Gould - Corporate Finance

 Julian Morse / Michael Johnson - Sales

 Berenberg - Joint Broker                         +44 (0) 20 3207 7800

 Matthew Armitt / Mark Whitmore

 Alma PR                                          shearwater@almapr.co.uk

 Susie Hudson / Caroline Forde / Joe Pederzolli   +44 (0) 20 3405 0205

 

 

The Company makes the following disclosures in accordance with article 19(3)
of the Market Abuse Regulation:

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         VJM Investments Limited
 2    Reason for the notification
 a)   Position/status                                              Person closely associated with Phil Higgins, CEO
 b)   Initial notification /Amendment                              Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Shearwater Group plc
 b)   LEI                                                          213800ZRUKUYDJLKD504
 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 10 pence each

      Identification code                                          GB00B00T3528
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)                                       Price(s)      Volume(s)

                                                            97.9 pence    5,000

                                                                   98.5 pence    5,000

                                                                   100 pence     5,000

                                                                   108.5 pence   4,500

 

 d)   Aggregated information

      - Aggregated volume                                          19,500

      - Price                                                      101.0p
 e)   Date of the transaction                                      10 December 2021; 13 December 2021
 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

19,500

101.0p

e)

Date of the transaction

10 December 2021; 13 December 2021

f)

Place of the transaction

London Stock Exchange, AIM

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHDBBDDIXBDGBX