REG - Synnovia PLC - Director/PDMR Shareholding
RNS Number : 0696ESynnovia PLC01 July 20191 July 2019
Synnovia plc
("Synnovia" or the "Group")
Director/PDMR Dealings
The Company announces a transfer by the trustee of the FR Family Discretionary Trust, of which Faisal Rahmatallah, Chairman of the Group, is a discretionary beneficiary. The transfer was made to the trust of which Mr Rahmatallah's wife is a discretionary beneficiary.
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
R&H Trust Co (Jersey) Limited as Trustee of the FR Family Discretionary Trust
2
Reason for the notification
a)
Position/status
The FR Family Discretionary Trust, a PCA with Faisal Rahmatallah, Chairman of the Group
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Synnovia plc
b)
LEI
213800EN5TUVOZKU6W30
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 1p each
ISIN: GB00B289KK20
b)
Nature of the transaction
Transfer of ordinary shares of 1p each from the FR Family Discretionary Trust
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
512,463
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transactions
1 July 2019
f)
Place of the transactions
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
R&H Trust Co (Jersey) Limited as Trustee of the Sable Trust
2
Reason for the notification
a)
Position/status
Sable Trust of which Jane Margaret O'Riordan, Wife of Faisal Rahmatallah, Chairman of Synnovia plc (separated, decree Nisi) is a discretionary beneficiary
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Synnovia plc
b)
LEI
213800EN5TUVOZKU6W30
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 1p each
ISIN: GB00B289KK20
b)
Nature of the transaction
Receipt of ordinary shares of 1p each from the FR Family Discretionary Trust
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£Nil
512,463
d)
Aggregated information
- Aggregated volume
- Price
N/A - single transaction
e)
Date of the transactions
1 July 2019
f)
Place of the transactions
Off market
For further information, please contact:
Synnovia plc
Tel: 020 7978 0574
Faisal Rahmatallah, Chairman
Nick Ball, Finance Director
Cenkos Securities
Tel: 020 7397 8900
(Nomad and joint broker)
Mark Connelly
Callum Davidson
Allenby Capital Limited
Tel: 020 3328 5656
(Joint broker)
David Hart
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 or visit www.rns.com.ENDDSHUGUBGMUPBGWG
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