REG - Van Elle Holdings - Director / PDMR Shareholding

Van Elle HoldingsAnnouncement

Wed 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260603:nRSC7323Ga&default-theme=true

RNS Number : 7323G  Van Elle Holdings PLC  03 June 2026

Van Elle Holdings plc

('Van Elle', the 'Company' or the 'Group')

 

Director / PDMR Shareholding

Van Elle Holdings plc (AIM:VANL) the UK's largest ground engineering
contractor, announces it has been notified of the following transactions over
ordinary shares of 2 pence each in the Company ("Ordinary Shares").

Mark Cutler, Chief Executive Officer, has exercised options pursuant to the
Company's Long Term Incentive Scheme ("LTIP") in respect of 419,471 Ordinary
Shares (the "LTIP Awards") at an exercise price of 2 pence per share.  Mr
Cutler subsequently sold 189,803 Ordinary Shares to meet the cost of the
associated personal taxation liabilities.

The LTIP Awards have been satisfied by way of transfer from the Employee
Benefit Trust.

Following these transactions, Mr Cutler and those persons closely associated
with him, are interested in 1,297,096 Ordinary Shares, representing
approximately 1.20% of the Company's issued share capital.

The information below (set out in accordance with the requirements of EU
Market Abuse Regulation) provides further detail:

 1.                  Details of the person discharging managerial responsibilities / person closely
                     associated
 a.                  Name                                                         Mr Mark Cutler
 2.                  Reason for the notification
 a.                  Position/status                                              Chief Executive Officer
 b.                  Initial notification                                         Initial notification

                     /Amendment
 3.                  Details of the issuer, emission allowance market participant, auction
                     platform, auctioneer or auction monitor
 a.                  Name                                                         Van Elle Holdings plc
 b.                  LEI                                                          213800LQC6YL8KJT1Y18
 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 2p each

                     Identification code

                                                                                  ISIN: GB00BYX4TP46
 b.                  Nature of the transaction                                    1. Exercise of options under LTIP

                                                                                  2. Sale of Ordinary Shares
 c.                  Price(s) and volume(s)                                                         Price(s)          Volume(s)
                     1.     2.0p                                                                    419,471

                     2.     51.0p                                                                   189,803

 d.                  Aggregated information                                        N/A

                     -       Aggregated volume

                     -       Price

 e.                  Date of the transaction                                      2 June 2026
 f.                  Place of the transaction                                     London Stock Exchange, AIM

 

For further information, please contact:

 Van Elle Holdings plc                               Via Walbrook

 Mark Cutler, Chief Executive Officer

 Graeme Campbell, Chief Financial Officer

 Peel Hunt LLP (Nominated Adviser and Joint Broker)  Tel: 020 7418 8900

 Ed Allsopp

 Charlotte Sutcliffe

 Tom Graham

 Singer Capital Markets (Joint Broker)               Tel: 020 7496 3000

 James Serjeant

 Dan Ingram

 Walbrook PR Limited                                 Tel: 020 7933 8780

                                                     or vanelle@walbrookpr.com
 Tom Cooper                                          07971 221 972

 Nick Rome                                           07748 325 236

 

 

About Van Elle Holdings plc:

 

Van Elle Holdings is the UK's largest specialist geotechnical engineering
contractor. Formed in 1984 and listed on AIM in 2016, the Company provides a
wide range of ground engineering techniques and services including ground
investigation, general and specialist piling, rail geotechnical engineering,
modular foundations, and ground improvement and stabilisation services.

 

Van Elle operates through three divisions: General Piling, Specialist Piling
and Rail, and Ground Engineering Services; and is focused on diverse end
markets including residential and housing, infrastructure and regional
construction - across which the Group has completed more than 20,000 projects
over the last 35 years.

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  DSHBIGDLGUGDGLD



            Copyright 2019 Regulatory News Service, all rights reserved