REG - Shearwater Group PLC - Director/PDMR Shareholding

ShearwaterAnnouncement

06/04/2023 07:00

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RNS Number : 5523V  Shearwater Group PLC  06 April 2023

6 April 2023

 

 

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 3 April 2023, 4 April 2023 and 5
April 2023 a person closely associated with the Company's Chief Executive
Officer, Phil Higgins, purchased an aggregate of 60,000 ordinary shares of 10
pence in the capital of the Company ("Ordinary Shares") at a weighted average
price of 54.5 pence per Ordinary Share.

 

Following these purchases by an investment vehicle of which Mr. Higgins has a
beneficial interest, Mr Higgins is now beneficially interested in 2,499,349
Ordinary Shares, representing approximately 10.5 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 Joint Broker                  +44 (0) 20 7397 8900

 Adrian Hadden / 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)                                       Date           Price(s)     Volume(s)

                                                            3April 2023   54.5 pence   25,000

                                                                   4April 2023   54.5 pence   10,000

                                                                   5April 2023   54.5 pence   25,000

 

 d)   Aggregated information

      - Aggregated volume                                          60,000

      - Price                                                      54.5 pence per share

 e)   Date of the transaction                                      3, 4, 5 April 2023
 f)   Place of the transaction                                     London Stock Exchange, AIM

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

60,000

54.5 pence per share

 

e)

Date of the transaction

3, 4, 5 April 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

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