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RNS Number : 3599D Van Elle Holdings PLC 02 April 2025
Van Elle Holdings plc
('Van Elle', the 'Company' or the 'Group')
2 April 2025
PDMR and PCA Share Purchase
Van Elle Holdings plc (AIM:VANL) announces that it has been notified that Mr
Mark Cutler, Chief Executive Officer, has purchased 57,131 ordinary shares of
2 pence each in the Company ("Ordinary Shares") at a price of 35.0 pence per
share. Mrs Anne Marie Cutler, PCA of Mr Cutler, has also purchased 57,530
ordinary shares of 2 pence each in the Company at a price of 34.8 pence per
share.
Following this purchase, Mr Cutler and those persons closely associated with
him, are interested in 1,067,428 Ordinary Shares, representing approximately
0.99% of the Company's voting 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 Purchase of ordinary shares
c. Price(s) and volume(s) Price(s) Volume(s)
35.0p 57,131
d. Aggregated information N/A
- Aggregated volume
- Price
e. Date of the transaction 31 March 2025
f. Place of the transaction London Stock Exchange, AIM
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Mrs Anne Marie Cutler
2. Reason for the notification
a. Position/status PCA of Mark Cutler, 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 Purchase of ordinary shares
c. Price(s) and volume(s) Price(s) Volume(s)
34.8p 57,530
d. Aggregated information N/A
- Aggregated volume
- Price
e. Date of the transaction 31 March 2025
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
Dowgate Capital Limited (Joint Broker) Tel: 020 3903 7715
James Serjeant
Nicholas Chambers
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.
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