REG - Shearwater Group PLC - Director/PDMR Shareholding

ShearwaterAnnouncement

08/12/2022 14:45

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RNS Number : 1126J  Shearwater Group PLC  08 December 2022

8 December 2022

 

 

SHEARWATER GROUP PLC

 

("Shearwater", or the "Group")

Director/PDMR Shareholding

 

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed
security services group, announces that on 6 December 2022 and 7 December
2022, VJM Investments Limited, a company in which the Company's Chief
Executive Officer, Phil Higgins, has a beneficial interest, purchased in
aggregate 32,500 ordinary shares of 10 pence in the capital of the Company
("Ordinary Shares") at a weighted average price of 108.0 pence per Ordinary
Share.

 

On 7 December 2022, Mr Phil Higgins, CEO, simultaneously sold 36,745 Ordinary
Shares and these Ordinary Shares were equally purchased by ISA accounts
controlled by Phil Higgins (18,372 Ordinary Share purchase) and Mrs Lauren
Higgins (18,372 Ordinary Share purchase), a person closely related to Phil
Higgins, CEO.

 

Following these purchases by an investment vehicle of which Mr. Higgins has a
beneficial interest, Mr Higgins is now beneficially interested in 2,439,349
Ordinary Shares, representing approximately 10.2 per cent of the issued
ordinary share capital of the Company.

 

The notifications below, made in accordance with the UK Market Abuse
Regulation, provide further details.

 

 

 

Enquiries:

 

 Shearwater Group plc                            www.shearwatergroup.com (http://www.shearwatergroup.com/)

 David Williams, Chairman                        c/o Alma PR

 Phil Higgins, CEO

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

 Ben Jeynes / Max Gould - Corporate Finance

 Alex Pollen / Henry Nicol - Sales

 Alma PR                                         shearwater@almapr.co.uk (mailto:shearwater@almapr.co.uk)

 Justine James / 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                                          GB00BKT6VH21
 b)   Nature of the transaction                                    Purchase of Ordinary Shares
 c)   Price(s) and volume(s)                                       Price(s)         Volume(s)

                                                            1. 106.5 pence   1.    12,500

                                                                   2. 109.0 pence   2.    20,000

 

 d)   Aggregated information

      - Aggregated volume                                          32,500

      - Price                                                      108 pence
 e)   Date of the transaction                                      1.    6 December 2022

                                                                   2.    7 December 2022

 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

32,500

108 pence

e)

Date of the transaction

1.    6 December 2022

2.    7 December 2022

 

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Phil Higgins
 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                                                         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                                          GB00BKT6VH21
 b)   Nature of the transaction                                    1.    Sale of Ordinary Shares

                                                                   2.    Purchase of Ordinary Shares into ISA
 c)   Price(s) and volume(s)                                       Price(s)             Volume(s)

                                                            1.    108 pence      1.    36,745

                                                                   2.    108 pence      2.    18,372

 

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      7 December 2022
 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

7 December 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Lauren Higgins
 2    Reason for the notification
 a)   Position/status                                              Person closely associated to 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                                          GB00BKT6VH21
 b)   Nature of the transaction                                    Purchase of Ordinary Shares into ISA
 c)   Price(s) and volume(s)                                       Price(s)   Volume(s)

                                                            108 pence  18,372

 

 d)   Aggregated information

      - Aggregated volume                                          n/a

      - Price
 e)   Date of the transaction                                      7 December 2022
 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

n/a

e)

Date of the transaction

7 December 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

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