Picture of Smoove logo

SMV — Smoove News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologySpeculativeMicro CapHigh Flyer

Director/PDMR Shareholding

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221208:nRSH0648Ja&default-theme=true

RNS Number : 0648J  Smoove PLC  08 December 2022

Smoove Plc

 

Directors' Dealings & Holdings in Company

Smoove plc (LSE: SMV, "Company" or "SMV") received notification on 7 December
2022 from Kestrel Partners LLP ("Kestrel") that on 6 December and 7 December
2022 it purchased for its discretionary clients, a total of 34,000 ordinary
shares of 0.4p each ("Shares") in the Company at an average price of
£0.3870294 per share. The notification also included the matters set out
below.

Mr Scott, a non-executive director of SMV, is a partner of, and holds a
beneficial interest in Kestrel. Mr Scott is also a shareholder in one of
Kestrel's clients ("Kestrel Opportunities") and is therefore deemed to have a
beneficial interest in Kestrel Opportunities' entire legal holding in SMV.

Following this notification, Kestrel Opportunities holds (and consequently Mr
Scott is deemed to have a beneficial interest in) 13,232,144 Shares in the
Company, and other clients of Kestrel, in which Mr Scott has no beneficial
interest hold 6,168,946 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 19,401,090
Shares in the Company, which represents 29.91 per cent of the Company's issued
share capital.

Kestrel's interest in the Shares in the Company is held through the following
nominees:

 

 Holding type                                                                   Nominee                        No. of shares  % of issued share capital
 Indirect                                                                       Bank of New York Nominees Ltd  13,232,144     20.40%
 Indirect                                                                       JIM Nominees Limited           492,235        0.76%
 Indirect                                                                       Bank of New York Nominees Ltd  5,426,711      8.37%

 Indirect                                                                       Northern Trust Company AVFC    250,000        0.38%

 

For further information contact:

 

 Smoove plc                                        Via Walbrook PR
 Jesper With-Fogstrup, CEO
 Michael Cress, Chief Financial Officer

 Panmure Gordon (UK) Limited (Nomad & Broker)      Tel: 020 7886 2500
 Dominic Morley

 Erik Anderson

 Walbrook PR Limited                               smoove@walbrookpr.com or Tel: 020 7933 8780
 Tom Cooper/ Nick Rome

 

 

 

 

 

ANNEX

 

Template for notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely associated with
them

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Kestrel Partners LLP ('Kestrel')

 2    Reason for the notification

 a)   Position/status                                              PCA - Oliver Rupert Andrew Scott (non-executive director of Smoove plc and

                                                            Partner in Kestrel)

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Smoove plc

 b)   LEI                                                          213800TDUOUSIQT2OT29

 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  0.4p Ordinary Shares

      Identification code

                                                                   ISIN: GB00BNG8T458

 b)   Nature of the transaction                                    Purchase

 c)   Price(s) and volume(s)                                       Purchase

                                                            06 December 2022
                                                                   Price(s)  Volume(s)

                                                                   0.388333  15,000 shares

                                                                   07 December 2022
                                                                   Price(s)  Volume(s)

                                                                   0.3860    19,000 shares

 d)   Aggregated information

      - Aggregated volume                                          Total Purchase of 34,000 shares at an average of £0.3870294.

      - Price
 e)   Date of the transaction                                      06 December and 07 December 2022

 f)   Place of the transaction                                     London AIM

d)

 

Aggregated information

- Aggregated volume

- Price

 

Total Purchase of 34,000 shares at an average of £0.3870294.

 

e)

 

Date of the transaction

 

06 December and 07 December 2022

 

f)

 

Place of the transaction

London 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  DSHGCBDDXXGDGDI

Recent news on Smoove

See all news